Carketa
- Frazier VC
- Jan 20
- 1 min read
Deal Snapshot
Company: Carketa, Inc.
Website: https://carketa.com/
Sector / Category: Automotive Dealer Software / Data & Intelligence SaaS for Dealerships
Investor: Frazier VC
Investment Vehicle: Frazier Fund IV
Deal Type: Convertible note
Company Overview
Carketa is a provider of end-to-end data and intelligence software for automotive dealers, designed to help dealerships buy, appraise, manage, service, and sell inventory more profitably and efficiently. The platform combines live market data with integrated dealer workflows to improve decision-making, accelerate inventory turn, and boost profitability for independent and franchise dealers.
Trusted by over 1,000+ dealerships, Carketa’s suite spans appraisal, inventory management, pricing tools, reconditioning workflows, and analytics dashboards — all aimed at helping dealers operate with precision and maximize margins.
Investment Summary
In November 2025, Frazier VC invested in Carketa via a convertible note, providing growth capital while allowing the company to defer valuation until a future financing event. The investment reflects confidence in Carketa’s product, traction, and long-term potential within the automotive software market.
