CarSwitch is a privately held company based in Dubai, United Arab Emirates, founded in 2016 by ex-McKinsey & Company consultants Imad Hammad and Ali Malik. It operates as an online marketplace facilitating the buying and selling of used cars, offering services such as car inspections, photography, pricing, test drive coordination, paperwork, and RTA transfer formalities. CarSwitch has raised over $10 million in venture funding to date and has expanded its operations to Saudi Arabia.
CarSwitch Corporate Details & Core Services
CarSwitch is a UAE-based online marketplace revolutionizing the way people buy and sell used cars. Founded in 2016, CarSwitch acts as a full-service platform, managing everything from car inspections, photography, pricing, test drive coordination, paperwork, to RTA transfer formalities — creating a seamless, hassle-free experience for both sellers and buyers.
What are CarSwitch's Key Business Metrics & Stats?
No of employees
120
Founded year
2016
Type
private
SAICS CODE
5521
NAICS Code
441120
Industry
Automotive
Location
Dubai, Dubai, United Arab Emirates
Other website
carswitch.ae, carswitch.sa
Pricing Strategy
Safe Switch: Upfront fee starting from SAR 99 plus commission upon sale, Self Switch: Ad listing fee starting from SAR 99
How much funding has CarSwitch raised to date?
Name
Description
Funding Amount
USD 500 Thousand
Stage
Seed
Latest Valuation
(USD)
Lead Investor
BECO Capital
Investors
BECO Capital
What are CarSwitch's Core Products?
Name
Description
CarSwitch Online Platform
An online marketplace facilitating the buying and selling of certified used cars in the UAE and Saudi Arabia, offering services such as car inspections, professional photography, advertising, test drive coordination, and handling of paperwork to ensure a seamless transaction experience.
3D Car Visualization
A feature integrated with Cappasity 3D technology that allows buyers to remotely examine used cars from all angles, providing a detailed and immersive viewing experience to bridge the gap between online and offline car inspections.
Car Valuation Tool
An online tool designed to help users estimate the fair market value of their vehicles, assisting sellers in setting competitive prices and buyers in making informed purchasing decisions.
What are the latest developments at CarSwitch?
Date
Type
Description
Aug, 2024
news
CarSwitch launches feature to explain AI-driven valuations to users
Nov, 2021
news
CarSwitch expands in KSA Riyadh expansion
Dec, 2021
news
CarSwitch integrates with Cappasity 3D technology for remote demonstration of used cars
CarSwitch VS Dubizzle VS Avito.ma VS DubiCars VS YallaMotor VS CARS24 UAE : 2026 Comparison
CarSwitch Online Platform, 3D Car Visualization, Car Valuation Tool
dubizzle, Bayut
Avito.ma, AvitoBoutiques.com, Moteur.ma
DubiCars Marketplace, Car Valuation Service, Car Inspection Service, DubiCars Mobile App
Car Buyer's Guide, Used Car Listings, Car Comparison Tool, Special Offers Section, Automotive News and Reviews, Car Inspection Service, Car Export Service, Vehicle History Reports, Car Valuation Tool, Mobile Application
Cars24 Certified Cars, Private Seller PRO, Private Seller, Doorstep Service, Pricing and Market Intelligence Service
Founded Year
2016
2005
2012
2014
2012
2021
Stock Name/Ticker
DUBIZZLE (Dubai Financial Market)
Type
private
public
private
private
private
private
Global Employees
120
100
20
Revenue (Annual)
$40.3 Million(2025)
$150 Million(2025)
$1.1 Million(2023)
$4 Million(2025)
$3.8 Million(2025)
$404 Million(2025)
Headquarters
Dubai, Dubai, United Arab Emirates
Dubai, Dubai, United Arab Emirates
Casablanca, Casablanca-Settat, Morocco
Dubai, Dubai, United Arab Emirates
Dubai, Dubai, United Arab Emirates
Dubai, Dubai, United Arab Emirates
Latest Valuation
$1 Billion
$3.3 Billion
What are CarSwitch's official legal and registration details?
Name
Description
Legal Name
CarSwitch
Cin number
GST number
Registration number
Who is in CarSwitch's executive leadership team?
Name
Designation
CEO
Imad Hammad
Co-Founder
Ali Malik
Where are CarSwitch's primary office locations?
City
Country
Dubai
United Arab Emirates
Riyadh
Saudi Arabia
What are the current business signals and market intelligence for CarSwitch?
Spending next 3 months
Enhancing platform features, Expanding market presence in Saudi Arabia, Improving customer support services
Pain points
Lack of transparency in used car transactions, Time-consuming process of buying and selling cars, Difficulty in assessing car conditions accurately
Sales motion
Online platform facilitating direct seller-to-buyer transactions, Comprehensive car inspection and certification services, Assistance with financing, insurance, and ownership transfer
Buyer Persona
Individuals seeking to sell their used cars conveniently, Buyers looking for certified used cars with transparent histories, Dealerships aiming to reach a broader customer base
Type of customer
Individual car sellers, Individual car buyers, Car dealerships
Key customer domain
Used car market in UAE, Used car market in Saudi Arabia
Annual ACV
Approximately $100 million in annual car sales
What is CarSwitch's annual revenue history?
Year
Revenue (USD)
2025
40.3 Million
What are CarSwitch's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
3.6
Glassdoor Rating
3.9
What are CarSwitch's business model and service classifications?
