Karvi

BrazilE-commerce

Karvi is an online marketplace for buying and selling used cars, solving the problem of fragmented and opaque car transactions. The platform allows users to browse, list, and purchase vehicles digitally, streamlining the car sales process. It primarily serves consumers in Argentina and Brazil, having expanded operations into Brazil in 2020. The company has raised multiple funding rounds, including a $10 million round led by Pelham Capital in 2020, with participation from Launchpad, Inti Ventures, and Luxor Capital, following earlier seed and pre-seed rounds.