Back to Directory
CarSwitch

CarSwitch

Active

Certified used car buying and selling marketplace

Dubai, UAEFounded 2016
E-Commerce

CarSwitch is an online used car marketplace in the UAE and Saudi Arabia with inspected and certified vehicles.

Founders

Imad Hammad

Co-Founder & CEO

Ali Malik

Co-Founder

Funding Rounds

SeedMar 2018
$1M

Lead: Dubai Angel Investors

Investors: Dubai Angel Investors, Glowfish Capital

Company newsroom post exists (URL above) but now returns 404; the Zawya copy is the company press release. Cumulative $2.3M after this round per MENAbytes. Also: https://www.zawya.com/en/press-release/carswitchcom-raises-1mln-in-funding-rvjq8sor https://magnitt.com/news/dubai-based-carswitchcom-raises-additional-1m-funding-24651 https://carswitch.com/newsroom/carswitch-raises-million-innovative-carsales/ Confidence: confirmed (round 13, MENAbytes).

SeedMar 2017
$1.3M

Lead: Glowfish Capital

Investors: Glowfish Capital

Wamda mentions undisclosed prior 'seed capital' before this round (founders/Glowfish incubation, 2016) - no amount or date anywhere, so not listed separately. Tracxn shows $2.98M for this round (aggregator-only, contradicts every press source). Also: https://www.menaherald.com/en/business/events-services/carswitchcom-raises-usd-13-million-dubai%E2%80%99s-latest-used-car-market-place https://www.crunchbase.com/funding_round/carswitch-seed--8906958c Confidence: confirmed (round 13, Wamda).

Something here wrong?

Every figure on this page is meant to have a source behind it. If one doesn't match reality, tell us and we'll fix it.

Feedback about CarSwitch