Equity round · Mobility
Kavak raises $127m equity round led by SoftBank and General Atlantic
The used-car platform raised the investment at a $2.2bn valuation.
Kavak has raised $127m in an equity round co-led by SoftBank Group and General Atlantic, founder Carlos García Ottati told Bloomberg. The round closed in March 2025.
The investment valued the used-car company at $2.2bn. Kavak operates a marketplace for buying and selling cars and offers automotive financing through Kuna Capital.
The company also secured separate credit facilities from Goldman Sachs and HSBC totaling $400m to support its lending operations.
Use of funds
Expand automotive lending
Funding history
Equity round · This round$127M