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Kavak

Automotive · Mexico · Founded 2014 · Privately Held (backing)

Operator of a car trading platform intended to formalize the pre-owned cars industry. Kavak is based in Mexico and was founded in 2014. It was valued at $2.2 billion at its later-stage round in Apr 2025, the last priced event on record. It has raised $3.7 billion across 2 recorded rounds; the latest was a $700 million Series E in Sep 2021.

PMV mark · valuation
$2.2B
Oct 2026
Priced at
its later-stage round
Apr 2025
Total raised
$3.7B
Last round
Later Stage VC (Series E)
Sep 2021

Kavak key facts

as of Oct 2026
  • Operator of a car trading platform intended to formalize the pre-owned cars industry.
  • Kavak is valued at approximately $2.2B as of Oct 2026, set at its later-stage round, Apr 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $3.7B across 2 recorded rounds; the latest was Later Stage VC (Series E) ($700.0M) in Sep 2021.
  • Notable investors include Andreessen Horowitz, General Catalyst, Fidelity Management & Research Company, D1 Capital Partners, Tiger Global Management — 38 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$2.2B

Valued at $2.2B at its later-stage round, Apr 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Kavak funding rounds

2 rounds
Sep 2021Later Stage VC (Series E)$700.0M▮
Apr 2021Later Stage VC (Series D)$485.0M▮
Full funding history →

Kavak leadership

Kavak valuation

Kavak was valued at $2.2 billion at its later-stage round in Apr 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Kavak raised?

Kavak has raised $3.7 billion in total; 2 of its rounds are on record. The largest on record was a $700 million Series E in Sep 2021.

Kavak investors

38 investors are on record for Kavak, including Andreessen Horowitz, General Catalyst, Fidelity Management & Research Company and D1 Capital Partners. By type, the record holds 16 venture capital firms, 5 hedge funds and 2 funds of funds. The Series E in Sep 2021 drew 16 investors.

Who runs Kavak

1 person is listed on the Kavak team: 1 executive, including Carlos Julio Ottati (Co-Founder). 1 of them have a verified direct contact on file.

Comparable companies

Comparable automotive names by valuation on PrivateMarketView: Bolt Technology ($8.4 billion), Nuro ($6 billion) and Ultraviolette Automotive ($299 million).

About Kavak

Operator of a car trading platform intended to formalize the pre-owned cars industry. The company's platform uses real-time market data and offers a wide catalog of guaranteed and certified cars at a fair price without leaving home, and offers services like home delivery and collection, pre-owned car financing, and other related services, enabling customers to purchase and sell pre-owned vehicles without hassle.

Industry
Automotive
Sector
Consumer Products and Services (B2C)
HQ
Mexico
Founded
2014
Employees
7,000
Website
kavak.com/
Ownership
Privately Held (backing)

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