What is Carzaty's business focus and history?
Carzaty is a private company based in Muscat, Oman, founded in 2017 by Hassan Jaffar and Marwan Chaar. It operates as an online platform to search, compare, buy, and finance new and assured used cars, offering a digital car buying experience that disrupts the traditional automotive retail industry. Carzaty has raised a total of $9.5 million in funding and was acquired by Kavak in October 2022. The company has 22 employees and operates in both Oman and the United Arab Emirates.
Carzaty Corporate Details & Core Services
Carzaty is an online platform to search, compare, buy, and finance new and assured used cars, offering a digital car buying experience that disrupts the traditional automotive retail industry.
Carzaty Contact Information & Official Links
| Website | https://carzaty.com |
| Social | |
| Phone number | +968 24 037800 |
| Head office address | Muscat, Muscat, Oman |
| Tags | online car marketplace used cars new cars car financing |
What are Carzaty's Key Business Metrics & Stats?
| No of employees | 22 |
| Founded year | 2017 |
| Type | private |
| Industry | Automotive |
| Location | Muscat, Muscat, Oman |
| Parent Company | kavak.com |
| Pricing Strategy | Fixed pricing for vehicles, Optional extended warranties, Financing options available |
How much funding has Carzaty raised to date?
| Name | Description |
|---|---|
| Funding Amount | USD 4 Million |
| Stage | Seed |
| Latest Valuation | (USD) |
| Lead Investor | Doha Tech Angels |
| Investors | Doha Tech Angels |
What are Carzaty's Core Products?
| Name | Description |
|---|---|
| Online Car Retail Platform | Carzaty offers a digital platform for searching, comparing, buying, and financing new and assured used cars, providing a streamlined and transparent car-buying experience. |
| CarHub Digital Showroom | An innovative digital showroom where customers can view the entire inventory on screens, allowing for a quicker and more efficient selection process without the limitations of physical space. |
| Home Delivery and Test Drive Services | Carzaty provides home delivery for new cars and offers test drives for used cars at the customer's preferred location, combining online convenience with personalized offline services. |
What are the latest developments at Carzaty?
| Date | Type | Description |
|---|---|---|
| October, 2022 | Acquisition | Carzaty merged with Mexico-based used car platform Kavak to expand into the GCC region. |
| October, 2021 | Initiative | Carzaty launched the Pink Badge Initiative in partnership with Al Jalila Foundation, donating AED 1,000 from the sale of each selected car to support breast cancer awareness. |
| August, 2019 | Expansion | Carzaty expanded its operations to the United Arab Emirates, opening a digital showroom in Dubai. |
What industry awards and recognitions has Carzaty received?
| Date | Type | Description |
|---|---|---|
| December, 2020 | Funding | Carzaty raised $5.6 million in funding, ranking #45 on Forbes Middle East’s 50 Most-Funded Startups list. |
Carzaty VS SellAnyCar.com VS CarSwitch VS Sell Your Motors VS MySyara VS Mikaniki : 2026 Comparison
| Feature | Carzaty | SellAnyCar.com | CarSwitch | Sell Your Motors | MySyara | Mikaniki |
|---|---|---|---|---|---|---|
| Core Strengths | Online Car Retail Platform, CarHub Digital Showroom, Home Delivery and Test Drive Services | Online Car Valuation, Car Inspection, Car Buying Service | CarSwitch Online Platform, 3D Car Visualization, Car Valuation Tool | Free Online Car Valuation, Instant Cash Offers, Comprehensive Car Inspection, Loan Settlement Assistance, Paperwork and Legal Processing, Multiple Convenient Locations | Car Service, Car Repair & Diagnostics, Car Wash & 3Mâ„¢ Detailing, Denting & Painting, Battery Services, Brake Services, Tyre Services, AC and Electrical Repairs, Pre-Purchase Inspection, Online Shop | Door-to-Door Auto Services, Roadside Assistance, Car Care Services, Car Modifications, Pre-Purchase Inspection |
| Founded Year | 2017 | 2013 | 2016 | 2017 | 2019 | 2015 |
| Stock Name/Ticker | ||||||
| Type | private | private | private | private | private | private |
| Global Employees | 22 | 166 | 120 | 11 | 100 | 36 |
| Revenue (Annual) | $27.1 Million(2025) | $40.3 Million(2025) | $1 Million(2025) | $17.5 Million(2025) | $9.5 Million(2025) | |
| Headquarters | Muscat, Muscat, Oman | Dubai, Dubai, United Arab Emirates | Dubai, Dubai, United Arab Emirates | Dubai, Dubai, United Arab Emirates | Dubai, Dubai, United Arab Emirates | Dubai, Dubai, United Arab Emirates |
| Latest Valuation | $0 | $3.3 Million |
What are Carzaty's official legal and registration details?
| Name | Description |
|---|---|
| Legal Name | Carzaty Inc |
| Cin number | |
| GST number | |
| Registration number |
Who is in Carzaty's executive leadership team?
| Name | Designation |
|---|---|
| CEO | Marwan Chaar |
| Co-Chief Executive Officer | Hassan Jaffar |
Where are Carzaty's primary office locations?
| City | Country |
|---|---|
| Muscat | Oman |
| Dubai | United Arab Emirates |
What are the current business signals and market intelligence for Carzaty?
| Spending next 3 months | Integration with Kavak's operations, Expansion into Saudi Arabian market, Establishment of vehicle reconditioning centers |
| Pain points | Lack of trust in used car quality, Inconvenience in traditional car buying process, Limited financing options for used cars |
| Sales motion | Online platform for car browsing and purchasing, Digital showrooms with virtual inventory, Home delivery and test drive services |
| Buyer Persona | Tech-savvy individuals seeking convenience, Cost-conscious buyers looking for quality used cars, Customers preferring transparent pricing and warranties |
| Type of customer | Individual car buyers, Car sellers |
| Key customer domain | Automotive retail |
| Annual ACV | Not specified |
What is Carzaty's annual revenue history?
| Year | Revenue (USD) |
|---|---|
| 2025 | 27.1 Million |
What are Carzaty's risk management and compliance ratings?
| GDPR RIsk | No |
| Privacy Risk | No |
| Company Ratings | |
| Glassdoor Rating |
What are Carzaty's business model and service classifications?
| Saas | No |
| Offline Stores | No |
| Service | No |
| Ecommerce | No |
| Exporter | No |
| Mobile App | No |
| Retail | No |
| B2B | No |
| B2C | No |
| Manufacturing | No |
| Wholesale | No |
| Importer | No |