Carketa
Carketa is a Utah-based SaaS platform founded in 2019 that provides end-to-end inventory management — appraisal, sourcing, reconditioning, pricing, and transport — for independent and franchise automotive dealers, plus a data API suite for lenders and technology partners.
- Company typePrivate
- Founded2019
- HeadquartersLehi, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Carketa does
Carketa is a Utah-based SaaS company, founded in 2019, that provides an end-to-end inventory management platform for automotive dealers — primarily independent used-car dealers and franchise dealer groups in the United States. The platform unifies six functional modules — Appraisals (anchored by the proprietary Carketa Score), Buying Inventory (auction search and ROI calculator), Analyzing Competition (competitor pricing and turn analytics), Reconditioning (workflow and task tracking), Pricing Inventory (dynamic, market-driven repricing), and Transport (vehicle shipping logistics) — with mobile apps on iOS/Android and a Chrome extension. Underlying the product suite is a cloud-hosted platform integrated with 40+ Dealer Management Systems (DMS) that syncs inventory data as frequently as every 15 minutes, plus an Enterprise API Suite (VIN Decode, Market Data, Vehicle Valuation) for technology partners and lenders via a separate VelociFI brand.
The company monetizes through recurring SaaS subscriptions (monthly billing in advance, with annual options, priced against inventory size or feature tier and structured around auto-renewing Order agreements) and a transaction-fee Vehicle Transport stream (pay-per-shipment, zero monthly fee, powered by its Acertus integration). Go-to-market is a hybrid direct sales motion: enterprise field sales with dedicated account managers for larger dealer groups, inside sales for SMB prospects funneled via free dealer tools and SEO-optimized educational content, and direct enterprise engagement for API/lender customers. Customer evidence includes 1,000+ active dealerships (e.g., Peace County Toyota, North Texas Truck Stop, Action Auto Utah) and integrations with Manheim, J.D. Power, Kelley Blue Book, and ProGuard.
Carketa firmographics
Firmographics- Name
- Carketa
- Legal name
- Carketa Inc.
- Website
- https://carketa.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Carketa is a Utah-based SaaS platform founded in 2019 that provides end-to-end inventory management — appraisal, sourcing, reconditioning, pricing, and transport — for independent and franchise automotive dealers, plus a data API suite for lenders and technology partners.
- Ownership category
- akta.pro rank
Carketa industry classification
Industry- Product category
- Automotive dealer SaaS / Inventory management software
- NAICS
- Motor Vehicle and Parts Dealers (441), Automobile Dealers (4411)
- SIC
- Retail-Auto Dealers & Gasoline Stations (5500)
- akta.pro primary industry
- Dealer-to-Dealer (B2B) Vehicle Remarketing Networks (TLABAKAB)
- akta.pro secondary industry
- Vehicle Inspection, Grading & Condition Reporting Services (TLABAKAE)
Keywords
Where Carketa is headquartered
LocationHeadquarters
- HQ city
- Lehi
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Carketa business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription: Recurring subscription fees for platform access, charged based on inventory quantities and/or price tiers as defined in Order agreements. Subscriptions auto-renew unless 30-day notice is provided. Billed monthly in advance with annual options available.
- Vehicle Transport (Pay-per-shipment): Pay-per-vehicle shipment model with zero monthly fees. Dealers pay only for actual shipments needed through the platform's integration with Acertus.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Transparent, straightforward pricing for independent dealers |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Carketa product offering
Product offeringCore offering
Carketa is a cloud-based SaaS platform that gives automotive dealers end-to-end tools to appraise, source, recondition, price, and transport inventory. It aggregates live market data from 60,000+ dealer rooftops and integrates with 40+ DMS providers to deliver real-time valuation, competitor analytics, and workflow automation. An enterprise API suite (VIN Decode, Market Data, Vehicle Valuation) extends the data layer to lenders and technology platforms.
Product overview
Carketa is a unified SaaS platform for independent and franchise automotive dealers offering end-to-end inventory management from acquisition through sale. The platform comprises core modules: Appraisals (with proprietary Carketa Score), Buying Inventory (with auction finder and ROI calculator), Analyzing Competition (dealer analytics), Reconditioning (workflow management), Pricing Inventory (dynamic pricing), and Transport (vehicle logistics). A mobile app and Chrome extension extend functionality to mobile and browser environments. The Carketa API Suite serves enterprise clients with VIN Decode, Market Data, and Vehicle Valuation APIs. The platform integrates data from 60,000+ dealer rooftops and book value providers (Manheim, J.D. Power, Kelley Blue Book) to power real-time market intelligence.
Differentiator
Problem solved
Functional benefit
Brands
- Carketa: Primary brand for end-to-end dealer platform
- Carketa Score
- Carketa Transport
- Carketa Recon
- VelociFI
- Carketa API Suite
Products and services
- Carketa Platform (end-to-end dealer suite) Unified SaaS suite for car dealers to find high-profit vehicles and turn inventory faster, combining appraisal, sourcing, competition analysis, reconditioning, pricing, and transport with live market data from 60,000+ rooftops.
- Carketa Appraisals Vehicle appraisal tool that uses the proprietary Carketa Score, VIN scanning, customizable metrics and book values, and over 60 million data points to deliver confident real-time valuations.
- Buying Inventory Sourcing tool that identifies high-profit vehicles based on dealer history and market trends, with auction finder, ROI calculator (including recon and transport costs), and integrated book values.
- Analyzing Competition Analytics product that delivers real-time insights into competitor pricing trends, inventory positions, and market strategies, with benchmarking of dealership performance against local and regional competitors.
- Carketa Reconditioning Recon workflow management tool with customizable workflows, real-time vehicle status dashboards, task assignment and timelines, mobile team updates, and audit trail reporting to turn inventory faster.
- Pricing Inventory Dynamic pricing tool with real-time percent-to-market data, competitive positioning, DMS integration for unified data, and live market reports to optimize profit per vehicle.
- Carketa Transport Vehicle transportation logistics product with pay-per-shipment pricing, integrated with inventory and buying processes through a partnership with Acertus, including real-time shipment tracking.
- Carketa API Suite Enterprise API suite for technology companies, lenders, and platform developers, comprising VIN Decode API, Market Data API, and Vehicle Valuation API for embedding automotive market and valuation data into third-party platforms.
- Carketa Mobile App Mobile application available on iOS App Store and Google Play providing on-the-go vehicle appraisals, recon task management, and team collaboration with real-time updates.
- Carketa Chrome Extension Chrome Web Store browser extension providing vehicle information overlay functionality directly in the browser for quick lookups.
Quantifiable outcome
- Dealers consistently reduce recon timelines by 40% or more
- +5 more outcomes
Companies that use Carketa
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Carketa technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability5 records
Feature7 records
Carketa partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AcertuscoreStrategic partnership for vehicle transportation services. Acertus provides professional transport services integrated directly into Carketa's platform, allowing dealers to book, track, and manage shipments in real-time. The partnership creates a seamless shipping experience with reliable, secure vehicle transport.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Carketa competitors and assessment
Company assessmentDirect peers
- vAuto: vAuto (owned by Cox Automotive) is Carketa's most direct competitor in dealer inventory management and pricing. Carketa explicitly calls out vAuto Provision as the comparison point, particularly around bundled add-ons; both serve franchised and independent dealers with appraisal, pricing, and inventory tools.
- DealerSocket: DealerSocket (Solera/S&P Global) is a DMS and dealer CRM with inventory management features that overlap with Carketa's platform. It serves a similar base of franchised and independent dealers and competes for the same workflow integration mindshare.
- VinSolutions: VinSolutions (Cox Automotive) is a leading dealer CRM and inventory platform serving franchised auto dealers. Its Connect CRM, inventory modules, and dealer websites compete head-to-head with Carketa's appraisal, pricing, and recon capabilities for the same dealership wallet.
- DealerCenter: DealerCenter is a DMS and dealer management platform focused on independent used-car dealers, overlapping directly with Carketa's primary segment. Both target small-to-mid independent dealers seeking affordable, easy-to-implement software, and compete on inventory tracking, appraisals, and dealer websites.
- Accu-Trade: Accu-Trade is a vehicle appraisal and trade-in tool used by franchised and independent dealers to capture appraisal data from real customers and generate market-based valuations. It directly competes with Carketa's appraisal tool and Carketa Score functionality.
- elead1one: elead1one (Reynolds and Reynolds) is a dealer CRM with inventory, desking, and pricing features used by franchised dealers. It competes with Carketa's full-stack workflow modules and bundles tightly with Reynolds' DMS, similar to how vAuto bundles with Cox's stack.
Broad incumbents
- ACV Auctions: ACV Auctions operates a leading online wholesale auction platform with proprietary vehicle condition data feeds powering dealer acquisition decisions. It overlaps with Carketa's auction finder and vehicle valuation tools, but operates at a broader wholesale marketplace scale.
- CarGurus: CarGurus operates a leading consumer automotive marketplace and offers dealer-facing pricing intelligence and lead products. Its market data products compete adjacent to Carketa's Market Data API and pricing analytics, though CarGurus is much broader in scope.
- Autotrader: Autotrader (Cox Automotive) is a major consumer vehicle marketplace with dealer advertising and pricing tools. While it does not directly compete in inventory management, it provides dealers with consumer-facing demand signals that overlap with Carketa's competition analysis and pricing features.
- PureCars: PureCars is a digital marketing and inventory platform for auto dealers offering dynamic pricing, merchandising, and market intelligence tools. It competes with Carketa's pricing and competition analysis modules, primarily in the franchised dealer segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Carketa social profiles
Digital presenceCarketa financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carketa leadership team
Management profileNumber of profiles
Profiles2 records
Carketa funding detail
Funding detailFunding overview
Funding rounds4 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carketa M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Carketa
What does Carketa do?
Carketa is a cloud-based SaaS platform that gives automotive dealers end-to-end tools to appraise, source, recondition, price, and transport inventory. It aggregates live market data from 60,000+ dealer rooftops and integrates with 40+ DMS providers to deliver real-time valuation, competitor analytics, and workflow automation. An enterprise API suite (VIN Decode, Market Data, Vehicle Valuation) extends the data layer to lenders and technology platforms.
Is Carketa a public or private company?
Carketa is a private company. It is classified as venture growth investor backed and is currently operating.
When was Carketa founded?
Carketa was founded in 2019. It employs 101 to 250 people.
Where is Carketa based?
Carketa is headquartered in Lehi, United States, in the North America region.
How does Carketa make money?
Two revenue lines are on record. SaaS Subscription is the primary driver. The others are vehicle Transport (Pay-per-shipment).
Who are Carketa's main competitors?
Direct peers on record are vAuto, DealerSocket, VinSolutions, DealerCenter, Accu-Trade and elead1one. Broad incumbents are ACV Auctions, CarGurus, Autotrader and PureCars.
Does Carketa have an API?
Yes. Carketa offers an Enterprise API Suite for technology companies, lenders, and platform developers. Includes three APIs: (1) VIN Decode API - returns 8 verified data points per vehicle (Year, Make, Model, Trim, Body, Fuel, Transmission, Drive), enriched every 24 hours, with sub-100ms response time, plus recent mileage/odometer flag; (2) Market Data API - streams live inventory counts, sold volumes, pricing trends, and velocity metrics from 60,000+ dealer rooftops, with national and local (DMA-level) granularity; (3) Vehicle Valuation API - provides proprietary Estimated Wholesale Value derived from wholesale lane transactions, 200+ live local comps, and real-time supply/demand signals. APIs are enterprise-focused, not self-service. Developer documentation is at carketa.com/automotive-data-api.
What industry is Carketa in?
Carketa's product category is Automotive dealer SaaS / Inventory management software. Its primary akta.pro industry code is TLABAKAB, Dealer-to-Dealer (B2B) Vehicle Remarketing Networks, with a secondary code of TLABAKAE, Vehicle Inspection, Grading & Condition Reporting Services. Its NAICS code is 441 and its SIC code is 5500.