Latka logo

How CarX CEO Kushal Suhasaria grew CarX to $6.6M revenue and 1K customers in 2024.

Provider of a connected car platform designed to make driving safer, economical and fun. The company's connected car platform uses machine learning and big data technologies to provide advanced analytics, detailed driving profiling and coaching, fleet management and automated vehicle services, enabling vehicle owners to drive their vehicles safely, economically and in a fun way and fleet owners to improve their fleet efficiency.

Last updated

CarX Revenue

In 2024, CarX's revenue reached $6.6M. The company previously reported $4.3M in 2023. Since its launch in 2015, CarX has shown consistent revenue growth.

CarX Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M201520172019202120232024$0$1M$4M$7MSource: GetLatka.com
YearMilestone
2024CarX Hit $6.6m revenue in October 2024
2023CarX Hit $4.3m revenue in December 2023
2021CarX Hit $1.4m revenue in April 2021
2015Launched with $0 revenue

CarX Valuation, Funding Rounds

CarX is a bootstrapped Data Science and Machine Learning Platforms startup. Founded in 2015, CarX has grown to $6.6M in revenue without raising any venture capital or outside funding.

As a self-funded Data Science and Machine Learning Platforms SaaS company, CarX has built its business with no outside investment.

CarX Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120152015 cumulative: $0 • 2015 Founded: $02015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

CarX Employees & Team Size

CarX employs approximately 69 people as of 2026, up from 60 in 2023.

CarX has 69 total employees in different roles and functions and 1 sales reps that carry a quota. They have 1K customers that rely on the company's solutions.

CarX Team GrowthReported headcount over time01530456075201520172019202120232024006969Source: GetLatka.com
YearMilestone
2024Reached 69 employees (December 2024)
2024Reached 70 employees (October 2024)
2023Reached 60 employees (December 2023)
2022Reached 46 employees (December 2022)
2021Reached 24 employees (December 2021)
2021Reached 17 employees (April 2021)

Founder / CEO

Kushal Suhasaria

CEO at CarX

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how CarX acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about CarX

What is CarX's revenue?

CarX generates $6.6M in revenue.

Who founded CarX?

CarX was founded by Kushal Suhasaria.

Who is the CEO of CarX?

The CEO of CarX is Kushal Suhasaria.

How much funding does CarX have?

CarX raised $0.

How many employees does CarX have?

CarX has 69 employees.

Where is CarX headquarters?

CarX is headquartered in Bengaluru, Karnataka, India.

Compare CarX to the industry

CarX operates across multiple industries. Browse revenue, funding, and growth data for CarX in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

CarX Revenue 2024: $6.6M ARR (Bootstrapped)