Announced
Completed
Financials
Sources
Tags
Cross Border
Friendly
used car platform
Mexico
Online and Social Platforms
Minority
Private
Single Bidder
startup
Completed
Acquisition
Venture Capital
Private Equity
Synopsis
Investment companies SoftBank, DST Global and Greenoaks Capital led the $400m Series C round in Kavak, a used-car platform, with participation from QED Investors and follow-on from KaszeK Ventures and General Atlantic. "It’s really humbling for us to be the first Mexican unicorn. It’s something really important for the ecosystem in Latin America, and especially Mexico," Carlos Garcia, Kavak CEO.
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