Insights

Growth funding Caramel has secured substantial early-stage funding totaling around $48M with notable backers such as FJ Labs, Hearst Ventures, Zeev Ventures, and Primera Capital. This indicates strong investor confidence and potential for a connected buyer ecosystem, suggesting sales opportunities in integrated services, enterprise-grade features, and strategic partnerships.

Expansion through partners Recent news mentions integration with eBay Motors, signaling a push toward broader marketplace reach. This creates sales opportunities around API collaborations, checkout enhancements, data sharing, and co-marketing arrangements with large automotive platforms.

Private party focus Caramel specializes in simplifying private party and independent dealer car sales. This presents a clear target market for tools that enhance trust, compliance, e-signatures, financing workflows, and secure payment processing tailored to non-dealer buyers and sellers.

Trust and compliance tech The tech stack includes OneTrust and DocuSign, highlighting emphasis on governance, privacy, and e-signature workflows. Opportunities exist to upsell advanced consent management, identity verification, and secure contract execution for high-stakes vehicle transactions.

Financial scale and demand Reported revenue in the mid-range tens of millions with ongoing growth, coupled with a modern checkout platform launch. This suggests demand for scalable SaaS features, analytics, fraud prevention, and customer success services to support expansion into new markets and larger dealer networks.

Similar companies to Caramel

Caramel Tech Stack

Caramel uses 8 technology products and services including WordPress, OneTrust, Figma, and more. Explore Caramel's tech stack below.

Caramel's Email Address Formats

Caramel uses at least 2 email formats:
Caramel Email FormatsExamplePercentage
First@drivecaramel.comJohn@drivecaramel.com
92%
First.Last@drivecaramel.comJohn.Doe@drivecaramel.com
8%

Frequently Asked Questions

What is Caramel's official website and social media links?

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Caramel's official website is drivecaramel.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Caramel generate?

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As of August 2026, Caramel's annual revenue is estimated to be $25M - $50M.

What is Caramel's NAICS code?

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Caramel's NAICS code is 5415 - Computer Systems Design and Related Services.

How many employees does Caramel have currently?

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As of August 2026, Caramel has approximately 144 employees across 5 continents, including North America, Europe and Africa. Key team members include Founder & Co-Ceo: C. N., Co-Founder: K. R. and Owner: C. F. Explore Caramel's employee directory with LeadIQ.

What industry does Caramel belong to?

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Caramel operates in the Technology, Information and Internet industry.

What technology does Caramel use?

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Caramel's tech stack includes WordPress, OneTrust, Figma, Zendesk, 6sense, DocuSign, PayPal and KnowBe4.

What is Caramel's email format?

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Caramel's email format typically follows the pattern of First@drivecaramel.com. Find more Caramel email formats with LeadIQ.

How much funding has Caramel raised to date?

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As of August 2026, Caramel has raised $48M in funding. The last funding round occurred on Aug 26, 2024.
Caramel logo

Caramel

Technology, Information and InternetCalifornia, United States51-200 Employees

Caramel operates a checkout platform that aims to simplify and secure private-party and independent-dealer vehicle sales. It targets individuals and smaller dealerships seeking a smoother path to transactions outside traditional channels. Based in Los Angeles, California, the company sits in the technology, information and internet sector and focuses on facilitating online-to-offline auto commerce. It launched its checkout platform in 2023. A recent development involves integrating with eBay Inc., with plans to bring Caramel's process to eBay Motors for buying or bidding on vehicles and related parts.

Section iconCompany Overview

NAICS Code
5415 - Computer Systems Design and Related Services
Employees
51-200

Section iconFunding & Financials

  • $48M

    Caramel has raised a total of $48M of funding over 4 rounds. Their latest funding round was raised on Aug 26, 2024 as a Series A.

  • $25M - $50M

    Caramel's revenue is estimated to be in the range of $25M - $50M

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