Kavak México
MexicoE-commerceFounded 2016Unicorn
Kavak is a used-car marketplace that buys, sells, finances, and manages pre-owned cars, aiming to solve inefficiencies and fraud in the fragmented used-car industry. It operates through an e-commerce platform, a mobile app, and physical stores, offering a catalog of guaranteed and certified cars along with after-sales services and financing options. The company serves individual buyers and sellers in multiple countries, including Mexico, Brazil, Argentina, Turkey, Chile, UAE, Colombia, and Peru. Founded in 2014 and launched in Mexico City in 2016, Kavak became Mexico's first unicorn in 2020 with a $1 billion valuation, and has since expanded internationally with a major reconditioning center in Brazil.
Key people
- Carlos García Ottati Founder/CEO