Insights

Non-prime Lease Demand CARite specializes in enabling independent dealers to offer exclusive non-prime leasing to customers with imperfect credit, highlighting a sales opportunity to upsell financing solutions and expand lease approvals by partnering with lenders that focus on credit-challenged segments.

Brand and Process Consistency Dealers join the CARite brand and standardized processes, presenting a ready-made trust framework for customers. This creates a sale angle for cross-sell of ancillary services (warranties, service plans) and easier onboarding for new dealer partners seeking scalable growth.

Expansion Footprint With a multi-state dealer network and growth momentum through partnerships (e.g., DriveItAway), there are opportunities to upsell platform integrations, data services, and marketing solutions to new and existing CARite dealers seeking expanded vehicle and service offerings.

Tech Stack Leverage CARite’s use of digital tools (CRM, marketing automation, analytics, web platforms) signals potential value in selling advanced martech and data analytics services to optimize lead generation, credit assessment, and customer retention for dealer partners.

Financial Profile & Growth Revenue in the mid-range and a history of funding imply capacity for financing or partnership collaborations that align with CARite’s non-prime financing model, presenting sales opportunities for fintech integrations, dashboards, and lender networks.

Similar companies to CARite

CARite Tech Stack

CARite uses 8 technology products and services including The Trade Desk, Crazy Egg, Amazon Web Services, and more. Explore CARite's tech stack below.

Media & News

CARite's Email Address Formats

CARite uses at least 2 email formats:
CARite Email FormatsExamplePercentage
First.Last@carite.comJohn.Doe@carite.com
96%
First@carite.comJohn@carite.com
4%

Frequently Asked Questions

What is CARite's phone number?

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You can contact CARite's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

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

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CARite's official website is carite.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does CARite generate?

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As of October 2026, CARite's annual revenue is estimated to be $100M - $250M.

What is CARite's NAICS code?

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CARite's NAICS code is 3361 - Motor Vehicle Manufacturing.

How many employees does CARite have currently?

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As of October 2026, CARite has approximately 143 employees across 3 continents, including North America, Europe and Africa. Key team members include Chief Financial Officer: S. J., Chairman And Chief Executive Officer: D. F. and Managing Director: T. M. Explore CARite's employee directory with LeadIQ.

What industry does CARite belong to?

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CARite operates in the Motor Vehicle Manufacturing industry.

What technology does CARite use?

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CARite's tech stack includes The Trade Desk, Crazy Egg, Amazon Web Services, WordPress, Google Workspace, Mailchimp, ADP and Webflow.

What is CARite's email format?

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CARite's email format typically follows the pattern of First.Last@carite.com. Find more CARite email formats with LeadIQ.

How much funding has CARite raised to date?

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As of October 2026, CARite has raised $45M in funding. The last funding round occurred on Feb 10, 2018 for $45M.

When was CARite founded?

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CARite was founded in 2011.
CARite logo

CARite

Motor Vehicle ManufacturingMichigan, United States51-200 Employees

CARite supports independent car dealers by providing a standardized framework under the CARite brand, along with access to proprietary systems and processes. It offers exclusive access to a non-prime leasing platform that enables lease approvals for late-model, low-mileage vehicles regardless of credit history. The dealer network also leverages centrally developed relationships with finance companies and industry vendors. This structure is designed to help dealers increase vehicle sales and grow revenue by making higher-quality vehicles more affordable, improving the customer experience, and encouraging repeat business.

CARite is based in Madison Heights, Michigan, and operates within the automotive sector with a mid-sized team. In 2022, it partnered with DriveItAway to roll out the Bolt subscription-to-ownership program, expanding its mobility offerings.

Section iconCompany Overview

Phone number
Website
carite.com
NAICS Code
3361 - Motor Vehicle Manufacturing
Founded
2011
Employees
51-200

Section iconFunding & Financials

  • $45M

    CARite has raised a total of $45M of funding over 1 rounds. Their latest funding round was raised on Feb 10, 2018 in the amount of $45M as a Debt Financing.

  • $100M - $250M

    CARite's revenue is estimated to be in the range of $100M - $250M

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