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.
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.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
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 |
$4BReported by TechCrunch |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.
Sources: Kavak, Bloomberg Línea (Bloomberg News), TechCrunch. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 7 Apr 2021 · Closed
Series D: $485M at $4B led by D1 Capital Partners, Founders Fund, Ribbit, BOND.
- 21 Sep 2021 · Closed
Series E: $700M at $8.7B led by General Catalyst.
- Mar 2025 · Closed
Equity round (Mar 2025): $127M at $2.2B led by SoftBank Group, General Atlantic (co-leads).
- 17 Feb 2026 · Closed
Series F: $300M led by Andreessen Horowitz (a16z Growth, US$200M).
Cite this dataset
Free to quote with a link back. Copy this citation:
Kavak Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/kavak/
Download the data
The same 4 rows as the table: numeric US$ 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)
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
- Kavak: Kavak announces USD$300 Million Series F led by Andreessen Horowitz…, 17 Feb 2026
- Bloomberg Línea: Valoración de Kavak baja en US$6.500 millones en última ronda de financiamiento, 15 Apr 2025
- TechCrunch: Here are Latin America’s biggest startups based on valuation, 5 May 2025
- TechCrunch: Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B, 21 Sep 2021
- TechCrunch: Mexican unicorn Kavak raises a $485M Series D at a $4B valuation, 7 Apr 2021