
Kavak Stock
| Valuation | $2.2B1 |
| Valuation Date | Apr 15, 2025 |
| Implied Valuation | $1.43B |
| Last Price | $130.00 |
| 52-Week High | $200.00 |
| 52-Week Low | $130.00 |
| YTD Return | -15.50% |
| 1-Year Return | -35.00% |
| 3-Year Return | n/a |
| Total Funding | $1.85B2 |
| Latest Round Amount | $300M3 |
| Latest Round | Series F |
| Funding Rounds | 10 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Kavak
Kavak is a Mexican online platform for buying and selling used cars in Latin America and the Middle East. The company buys vehicles directly from owners, reconditions them at its own centers and resells them online and through physical hubs with a certification, warranty and return period. It makes money on the spread between what it pays for a car and what it sells it for, plus financing, insurance and servicing sold alongside each vehicle. Its lending arm Kuna Capital finances a large share of purchases on the platform and has originated more than $1 billion in customer loans.
Invest in Kavak
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News
Kavak inaugurates on-site vehicle services center in partnership with the Government of the State of Mexico
Kavak opened an on-site vehicle procedures services center at its Lerma facility in partnership with the Ministry of Finance of the State of Mexico. The center integrates key vehicle paperwork directl...
From Copilots to Agents: Rebuilding the Company Around AI
Kavak founder and CEO Carlos García Ottati discussed how the company replaced copilot tools with AI agents that now handle 90 to 95% of customer interactions. He described going flat for a year during...
Kavak Raises US$300 Million as Profitability Turns
Kavak secured $300 million led by Andreessen Horowitz after posting its first month of consolidated global profitability in December 2025 and growing transactions roughly 40% in 2025.
Andreessen Horowitz Backs Mexico Unicorn Kavak in $300 Million Equity Round
Bloomberg reported a16z invested $200M of Kavak's $300M equity round, with WCM Investment Management co-leading alongside Foxhaven and other investors.
Kavak announces USD$300 Million Series F led by Andreessen Horowitz to Expand Access, Trust, and Financing Across Latin America
Kavak raised a $300 million Series F led by Andreessen Horowitz, which invested $200 million from its a16z Growth fund, with WCM Investment Management co-leading. The company reported nearly 120,000 t...
Investing in Kavak
Andreessen Horowitz explained its $200 million investment in Kavak, its largest in a single Latin American company and the first from its Growth fund in the region. The firm highlighted Kavak's profit...
Closing 2025 strong. Starting 2026 even stronger.
In a letter to employees, CEO Carlos García Ottati said December 2025 was the first month in Kavak's history with consolidated global profitability, led by Mexico with milestones in Chile and the GCC....
Kavak and Creditaria join forces to open access to credit for millions of Mexicans excluded by traditional banks
Kavak and Creditaria, Mexico's largest financial intermediary, announced a strategic alliance to make access to vehicle credit more inclusive and transparent for customers underserved by traditional b...
Kavak launches Kavak Crédito to power the future of car ownership in emerging markets
Kavak launched Kavak Crédito, a financing product designed to expand access to car ownership in emerging markets by underwriting customers with the company's proprietary transaction data.
Mexico Car Dealer Kavak's Valuation Slashed by $6.5 Billion As Market Sours
Kavak raised $127 million in an equity round that closed in March 2025 at a $2.2 billion valuation, down from $8.7 billion in 2021. The round, co-led by SoftBank and General Atlantic, helped the compa...
After Peru and Colombia exit, used-car startup Kavak refocuses on Mexico, exec says
Following its announcement that it would close operations in Peru and Colombia in January 2024, Kavak said it was re-concentrating efforts on its home market of Mexico.
SoftBank-backed Kavak lays off staff, makes 'significant' cuts -internal email
Mexican online used-car dealership Kavak has made significant spending cuts and laid off staff as it prepares for a challenging 2023, according to an internal email sent Friday and seen by Reuters.
SoftBank-backed tech unicorn Kavak expands in Middle East
Mexican online used-car dealership Kavak has expanded to the United Arab Emirates (UAE), Oman and Saudi Arabia, boosting its presence in emerging-market countries, the firm's chief executive, Carlos G...
How This Mexico-Based Used-Car Seller Became The Most Valuable Startup In Latin America
Forbes profiled Kavak founder and CEO Carlos García Ottati as the company expanded to Chile, Colombia, Peru and Turkey. The piece traced how Kavak built trust in Latin America's fragmented used-car ma...
Used Car Startup Kavak Valued at $8.7 Billion in Funding Round
Kavak closed a $700 million Series E led by General Catalyst with participation from Tiger Global, Spruce House, D1 Capital, Ribbit Capital and SoftBank, valuing the company at $8.7 billion.
Mexican unicorn Kavak raises a $485M Series D at a $4B valuation
Kavak announced a $485 million Series D led by D1 Capital Partners, Founders Fund, Ribbit Capital and BOND at a $4 billion valuation, funding its expansion into Brazil.
SoftBank-backed used-car startup Kavak becomes first Mexican unicorn
SoftBank-backed used-car platform Kavak has become Mexico's first tech "unicorn" after reaching a $1.15 billion valuation in its latest funding round last month, Chief Executive Carlos Garcia told Reu...
SoftBank's Claure announces investment in Mexican startup Kavak
Japan's SoftBank will invest in Mexican used car platform Kavak, the group's chief operating officer Marcelo Claure said on Monday, adding to SoftBank's growing portfolio in Latin America.
