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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
-
-
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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 :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Caribou
2016, Washington, DC (United States), Series C
Online comparison platform for auto insurance
$190M
Gaingels, QED InvestorsÌý&²¹³¾±è;Ìý
38/100
2nd
Logo for OpenRoad Lending
OpenRoad Lending
2009, Fort Worth (United States), Late Stage
Online auto loans refinancing and purchase financing provider
-
41/100
3rd
Logo for iLending
iLending
2021, Englewood (United States), Acquired
Online marketplace for automobile refinancing
-
-
25/100
4th
Logo for AutoApprove
AutoApprove
2016, Brooklyn Center (United States), Unfunded
Online platform to refinance car loans
-
-
11/100
5th
Logo for AERO
AERO
1957, Glendale (United States), Unfunded
Online platform for refinancing auto loans
-
-
11/100
6th
Logo for Refi Your Auto
Refi Your Auto
2015, Los Angeles (United States), Unfunded
Online marketplace for refinancing auto loans
-
-
11/100
7th
Logo for Refi My Auto
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

•
Financial IT•May 20, 2022•Caribou, Goldman Sachs, Innovius Capital, Harmonic and 9 others
•
PRWeb•Nov 10, 2021•Caribou
•
PRWeb•Oct 26, 2021•Caribou
•
FinSMEs•Aug 05, 2021•Firebolt Ventures, Gaingels, CMFG Ventures, The Motley Fool and 9 others
•
Finextra•Jun 02, 2021•Goldman Sachs, Caribou
•
FinSMEs•May 31, 2021•Caribou, , IA Capital Group, Moderne Ventures and 6 others
•
TechCrunch+•May 28, 2021•Caribou, Goldman Sachs, IA Capital Group, Moderne Ventures and 4 others
•
Business Wire•Apr 06, 2021•Lantern Credit, SoFi, Caribou
•
PRWeb•Mar 17, 2021•Caribou, LiveSafe, Uber, Optoro
•
Crowdfund Insider•Jan 25, 2021•Caribou, Moderne Ventures,
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