Skip to main content

Kavak Funding Rounds & Valuation History (2021–2026)

Private Valuation & Funding Round Tracker · Kavak

Kavak funding rounds & valuation history

Kavak, the Mexico City used-car marketplace and auto-financing platform. Funding from the Series D (Apr 2021) to the Series F (Feb 2026), sourced to Kavak, Bloomberg Línea (Bloomberg News) and TechCrunch.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal
Last closed round Closed
$300M
$300M Series F, Feb 2026
Raised in rounds listed
$1.612B
Sum of 4 closed rounds with a disclosed amount (GNF calc.)
Largest round
$700M
Series E, Sep 2021
Closed rounds listed
4
Apr 2021 to Feb 2026

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 4 of 4 rows
Kavak funding rounds, Apr 2021 to Feb 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series F
$300M
Andreessen Horowitz (a16z Growth, US$200M)With: Allen & Company, Stelac and others
Not disclosedNo valuation disclosed by Kavak
—Not disclosedNo run-rate stated in the announcement
Closed round
Equity round (Mar 2025)Insider round that closed in March 2025 (Bloomberg). It came with two US$200M credit lines (Goldman Sachs, HSBC), which are debt and not rows. The valuation fell from US$8.7B to US$2.2B.
$127M
SoftBank Group, General Atlantic (co-leads)
$2.2BReported by Bloomberg News (founder interview) and TechCrunch (“Valued at $2.2 billion in April 2025”); a down round0.25× vs prior closed
—Not disclosedNo run-rate stated in the announcement
Closed round
Series E
$700M
General CatalystWith: Tiger Global, Spruce House, D1, SEA, Founders Fund, Ribbit Capital, SoftBank
$8.7BReported by TechCrunch from Kavak’s announcement2.17× vs prior closed
—Not disclosedNo run-rate stated in the announcement
Closed round
Series D
$485M
D1 Capital Partners, Founders Fund, Ribbit, BOND
$4BReported by TechCrunch
—Not disclosedNo run-rate stated in the announcement
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound. A step below 1 is a down round.

Valuation at each closed round

Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.

Sources: Kavak, Bloomberg Línea (Bloomberg News), TechCrunch. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 7 Apr 2021 · Closed

    Series D: $485M at $4B led by D1 Capital Partners, Founders Fund, Ribbit, BOND.

  2. 21 Sep 2021 · Closed

    Series E: $700M at $8.7B led by General Catalyst.

  3. Mar 2025 · Closed

    Equity round (Mar 2025): $127M at $2.2B led by SoftBank Group, General Atlantic (co-leads).

  4. 17 Feb 2026 · Closed

    Series F: $300M led by Andreessen Horowitz (a16z Growth, US$200M).

Still private: Kavak has not filed for an IPO and is not owned by a listed company. SoftBank and Andreessen Horowitz are minority investors.

Cite this dataset

Free to quote with a link back. Copy this citation:

Kavak Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/kavak/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
kavak-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/kavak-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Seed to Series C (2016–2020; not verified from an authority source in this pass); debt and credit facilities (e.g. the 2025 Goldman Sachs/HSBC lines); the Series F valuation, which Kavak did not disclose.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (batch 4, not yet published).

Sources

  1. Kavak: Kavak announces USD$300 Million Series F led by Andreessen Horowitz…, 17 Feb 2026
  2. Bloomberg Línea: Valoración de Kavak baja en US$6.500 millones en última ronda de financiamiento, 15 Apr 2025
  3. TechCrunch: Here are Latin America’s biggest startups based on valuation, 5 May 2025
  4. TechCrunch: Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B, 21 Sep 2021
  5. TechCrunch: Mexican unicorn Kavak raises a $485M Series D at a $4B valuation, 7 Apr 2021