CARiD raised $35 million in funding to further expand, enhance technological advancements, and solidify its position as a frontrunner in the automotive e-commerce sector.
CARiD raised $35 million in funding to further expand, enhance technological advancements, and solidify its position as a frontrunner in the automotive e-commerce sector.
03/07/24, 9:03 PM
Location
Money raised
$35 million
Industry
automotive
e commerce
Investors
Fifth Star, Inc.
CARiD, a leading e-commerce platform specializing in car parts and accessories, announced the successful closure of a $35 million funding round. The investment from Fifth Star, Inc. will fuel further expansion, technological advancements, and enhance customer service capabilities, solidifying CARiD’s position as a frontrunner in the automotive e-commerce sector.
Company Info
Location
cranbury, new jersey, united states
Additional Info
CARiD is a leading e-commerce platform specializing in car parts and accessories, founded in 2008. It has grown into one of the most comprehensive and user-friendly platforms for automotive parts and accessories, offering extensive selection of high-quality products across various categories, and offering expert advice and personalized support for its customers. CARiD is focused on creating custom infrastructure and unique user experiences within niche vehicle markets.