Caribou - About the company
Caribou is a series C company based in Washington, DC (United States), founded in 2016. It operates as an Online comparison platform for auto insurance. Caribou has raised $190M in funding from investors like Accomplice, Goldman Sachs and QED Investors, with a current valuation of $1.1B. The company has 6 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like OpenRoad Lending, iLending and AutoApprove.
Sectors and market segments that Caribou operate in
Caribou serves in the B2C space in the FinTech market segments.The primary business model of Caribou is:Company Details
Online comparison platform for auto insurance. It offers quotes for vehicle insurance, accident protection, car insurance purchase processing, and selecting coverages. It also offers car payment-saving solutions for users. It connects drivers with auto refinancing options through a network of lenders and offers car insurance services, including extended vehicle protection, total loss protection, and key replacement.
- Website
- Social
- Email ID
- @gocaribou.com
- Phone Number
- +1
Key Metrics
Founded Year
2016
Location
Washington, DC, United States
Stage
Series C
Total Funding
in 6 rounds
Latest Funding Round
Post Money Valuation
as on May 20, 2022
Investors
Ranked
1st among
Similar Companies
Legal entities associated with Caribou
Caribou is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
---|---|---|---|---|
Sep 27, 2021 | - | 796 | 240 | |
Dec 31, 2015 | - | 315 | 359 |
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Caribou's funding and investors
Caribou has raised a total funding of $190M over 6 rounds. Its first funding round was on 2016. Its latest funding round was a Series C round on May 20, 2022 for $116M. 10 investors participated in its latest round, lead by .
Caribou has 17 institutional investors including Accomplice, Goldman Sachs and QED Investors.
Here is the list of recent funding rounds of Caribou:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
May 20, 2022 | $116M | Series C | $1.1B | - | |
May 18, 2021 | $50M | Series B | - | - | |
Jan 22, 2021 | $10M | Series A | - | - |
View details of Caribou's funding rounds and investors
Caribou's Competitors and alternates
Top competitors of Caribou include OpenRoad Lending, iLending and AutoApprove. Here is the list of Top 10 competitors of Caribou, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() 2016, Washington, DC (United States), Series C | Online comparison platform for auto insurance | $190M | Gaingels, QED InvestorsÌý&²¹³¾±è;Ìý | 38/100 |
2nd | OpenRoad Lending 2009, Fort Worth (United States), Late Stage | Online auto loans refinancing and purchase financing provider | - | 41/100 | |
3rd | ![]() iLending 2021, Englewood (United States), Acquired | Online marketplace for automobile refinancing | - | - | 25/100 |
4th | ![]() AutoApprove 2016, Brooklyn Center (United States), Unfunded | Online platform to refinance car loans | - | - | 11/100 |
5th | ![]() AERO 1957, Glendale (United States), Unfunded | Online platform for refinancing auto loans | - | - | 11/100 |
6th | ![]() Refi Your Auto 2015, Los Angeles (United States), Unfunded | Online marketplace for refinancing auto loans | - | - | 11/100 |
7th | ![]() Refi My Auto 2000, Phoenix (United States), Deadpooled | Online platform for refinancing auto loan | - | - | 9/100 |
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Caribou's Investments and acquisitions
Caribou has made no investments or acquisitions yet.
Reports related to Caribou
Here is the latest report on Caribou's sector:
View
News related to Caribou
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PRWeb•Nov 10, 2021•Caribou
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PRWeb•Oct 26, 2021•Caribou
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TechCrunch+•May 28, 2021•Caribou, Goldman Sachs, IA Capital Group, Moderne Ventures and 4 others
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