Caribou Stock
| Valuation | $1.1B1 |
| Valuation Date | May 19, 2022 |
| Implied Valuation | n/a |
| Last Price | $16.95 |
| 52-Week High | $16.95 |
| 52-Week Low | $16.22 |
| YTD Return | +4.50% |
| 1-Year Return | +4.44% |
| 3-Year Return | +3.35% |
| Total Funding | $194.71M2 |
| Latest Round Amount | $115M1 |
| Latest Round | Series C |
| Funding Rounds | 5 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Caribou
Caribou is an online marketplace for refinancing car loans. Drivers enter details about themselves and their vehicle, and Caribou runs a soft credit check that returns pre-qualified offers from its network of credit unions, community banks and other finance partners without affecting the borrower's credit score. Caribou is a licensed loan broker rather than a lender, so the loan itself is made by the partner institution while Caribou handles the payoff of the old loan, the title transfer and the DMV paperwork. It also sells optional vehicle protection products alongside a refinance, including extended service contracts, key replacement, total loss protection and cosmetic care coverage. Caribou makes money from the lending partners whose refinance loans it originates and from those optional protection products. Borrowers pay no application or upfront fee to Caribou. The company launched in 2016 as MotoRefi, a venture built inside fintech investor QED Investors through its Belay formation-stage platform, and took the Caribou name in November 2021.
Invest in Caribou
Caribou is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.
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News
Caribou survey finds 75% of car owners cannot recall total loan interest
Caribou's 2026 Blind Spots of Car Ownership Survey found that 75% of car owners cannot recall how much total interest they pay on their auto loan, while 67% faced a surprise car expense in the past ye...
Caribou Q2 2026 Auto Refinance Trends Report
Caribou published its Q2 2026 auto refinance trends report showing customers who refinanced to lower payments saved an average of $162 per month and cut APR by 4.13 percentage points.
As High Gas Prices Put Car Costs in Focus, Drivers Found Savings Beyond the Pump in Q2
Caribou's Q2 2026 Auto Refinance Trends Report says customers who refinanced to lower their payment saved an average of $162 a month and cut their APR by 4.13 percentage points, the largest rate drop ...
More drivers are staying in their current cars. Why they should revisit their original loan.
Caribou examines data showing owners are holding on to vehicles longer as new-car prices stay high. The company argues those drivers are the most likely to be carrying an outdated interest rate.
A Confidence Gap Leads More Women To Overpay On Their Car Loan
Caribou research finds women are less likely than men to shop or renegotiate their auto financing and more likely to end up overpaying. The report covers differences in dealership financing experience...
From Student Loans to Retirement Gaps, Why High Car Payments Are the Extra Burden No Generation Can Afford
Caribou breaks down how car payments weigh on household budgets across age groups, from borrowers still repaying student loans to those near retirement. The report sets the burden against other recurr...
Budgets Are Tight, Yet Most Car Owners Are Overpaying On Their Loan
A Caribou survey reports that most car owners have never checked whether they could refinance, even as they describe their budgets as strained. Respondents said lower monthly payments would go toward ...
Monthly Car Payments Hit Record Highs in Q1, But Caribou Data Shows Drivers Are Finding a Way Out
Caribou's Q1 2026 refinance data lands as average new-vehicle monthly payments reach record levels. The company reports the savings its refinancing customers achieved over the quarter.
NBC Nightly News: Rising Car Repossessions Could Signal Warning Sign for the Economy
Caribou featured in an NBC Nightly News segment on rising vehicle repossessions and what they indicate about household finances. The segment covers borrowers struggling with high monthly car payments.
Millions of Americans May Not Get a Tax Refund, But Can Still Unlock Monthly Savings From An Overlooked Expense
Caribou argues that auto loan refinancing is an overlooked source of recurring savings for households that do not receive a tax refund. The piece draws on the company's refinance data.
Former Amazon and PepsiCo Leader Chris Winkler Joins Caribou as SVP, Revenue & Operations
Caribou hired Chris Winkler, previously at Amazon and PepsiCo, as senior vice president of revenue and operations. The appointment continues a series of senior hires under CEO Simon Goodall.
Caribou Launches Today's Auto Refinance Rates, First-Ever Daily Rates Resource
Caribou launched a public daily resource showing average auto refinance APR ranges across credit tiers and loan terms based on active lender offers.
Caribou Launches "Today's Auto Refinance Rates," First-Ever Daily Rates Resource Bringing Unmatched Transparency to What Lenders Are Actually Offering Borrowers
Caribou launched a daily-updated public resource showing the auto refinance rates lenders are actually offering borrowers. The company positions it as a transparency tool for a market where rates are ...
Caribou Reports Surge in 84-Month Auto Refinances as Drivers Seek Lower Monthly Payments
Caribou reported a sharp increase in borrowers choosing 84-month refinance terms to cut their monthly payment. The company notes the trade-off of paying more total interest over a longer term.
Kikoff and Caribou Partner to Expand Credit and Auto Refinancing Opportunities for Consumers
Caribou partnered with credit-building platform Kikoff to create a two-way referral pathway linking credit-building customers with auto refinance savings.
Caribou Launches Comprehensive Auto Refinance Trends Report Hub With Monthly Data Updates
Caribou debuted a monthly auto refinance trends hub with interactive data on savings by vehicle type, region, and borrower demographics.
Caribou Launches Comprehensive Auto Refinance Trends Report Hub with Monthly Data Updates
Caribou launched a hub publishing auto refinance trend data with monthly updates, drawn from loans funded through its platform. The reports cover average savings, APR reductions and loan balances.
Former Meta Payments Leader and Grubhub Exec Akshat Thanawala Joins Caribou as Chief Product Officer
Caribou named Akshat Thanawala, previously a payments leader at Meta and an executive at Grubhub, as chief product officer. He takes responsibility for Caribou's refinancing product.
Government Support May Be Fading, But Refi Deals for EVs Are Heating Up
Caribou reports that refinancing terms for electric vehicles improved even as federal EV incentives wound down. The analysis compares EV and internal-combustion refinance rates on its platform.
'One Big Beautiful Bill' Promises a $10K Auto Loan Tax Break - But 97% of Owners Will See Zero Savings
Caribou analyzed the auto loan interest deduction in the One Big Beautiful Bill and concluded that 97% of current car owners would see no benefit. The company points to the bill's restriction to new U...
Caribou Reveals What Gen Z, Millennials, Gen X, And Boomers Really Pay For Their Cars
Caribou published a generational breakdown of car payments, loan balances and interest rates among its refinancing customers. The report estimates the savings available to each age group.
Caribou Financial Expands Operations in Arizona with 10,000 SF Office Lease in Chandler
Caribou signed a lease for nearly 10,000 square feet in Chandler, Arizona, adding a third location alongside its Denver headquarters and remote workforce. The company said the office would help it hir...
Ex-Groupon Executive Simon Goodall Takes Over as Caribou CEO
Caribou Financial named Simon Goodall, most recently Groupon's chief commercial officer, as chief executive effective immediately. He replaced Kevin Bennett, who had announced in August that he would ...
Auto fintech Caribou raises $115 million in Series C funding, valuing company at $1.1 billion
Caribou closed an oversubscribed $115 million Series C led by Goldman Sachs Asset Management, valuing the company at $1.1 billion. The round brought total funding to more than $190 million since the c...