The Startup Atlas · Latin America · Mexico
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Kavak
An online platform for buying, selling, financing and servicing used cars, handling inspection, reconditioning and credit in one place.
- Founded
- 2016 · Mexico City, Mexico
- Founders
- Carlos García Ottati (Founder and CEO) · Loreanne García Ottati (Co-founder) · Roger Laughlin Carvallo (Co-founder)
- Website
- kavak.com
In their words
“That means liquidity when someone needs to sell, access when someone needs to buy, and trust when something goes wrong.”On the record
- 2026-02-17Announced a $300 million Series F led by Andreessen Horowitz, whose a16z Growth fund contributed $200 million. Kavak Newsroom
- 2026-02-17Closed 2025 with nearly 120,000 transactions, up about 40% year over year, and posted its first full month of consolidated profitability in December. Kavak Newsroom
- 2025-04-16Raised $127 million in a down round co-led by SoftBank and General Atlantic, cutting its valuation to $2.2 billion from $8.7 billion in 2021. LatamList
Verified by IRIS on 2026-11-13. Something changed? Write to hello@iris-media.xyz.
