Cartlow
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 2.1m | 7.7m | 14.5m | 18.6m |
% growth | - | 265 % | 89 % | 28 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.5m | Seed | ||
$1.5m | Seed | ||
$2.0m | Seed | ||
* | $18.0m | Series A | |
Total Funding | AUD35.5m |
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Recent News about Cartlow
EditCartlow operates in the Middle Eastern market, primarily serving customers in the UAE, Saudi Arabia, and Kuwait. The company specializes in offering new and pre-loved electronics, gadgets, and home essentials at competitive prices. Cartlow's business model revolves around acquiring open-box and pre-owned items, subjecting them to rigorous quality checks, and then reselling them with up to 12 months warranty. This approach not only provides cost-effective solutions for consumers but also promotes sustainability by reducing electronic waste. The company generates revenue through direct sales on its platform and offers additional discounts and promotions to attract and retain customers. Cartlow's target audience includes budget-conscious consumers looking for reliable electronics and home products at lower prices. The company also provides ongoing support and assistance to ensure a positive shopping experience, encouraging customer loyalty and word-of-mouth referrals.
Keywords: pre-loved electronics, home essentials, quality checks, warranty, Middle East, sustainability, budget-conscious, open-box items, promotions, customer support.