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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.
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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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
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CarX serves 1K customers.
CarX employs approximately 69 people as of 2026, up from 60 in 2023, including 1 sales reps that carry a quota. It serves 1K customers that rely on its solutions.
CarX generates an estimated $6.6M in annual revenue.
CarX was founded by Kushal Suhasaria.
The CEO of CarX is Kushal Suhasaria.
CarX is bootstrapped and has not raised outside funding.
CarX has 69 employees.
CarX is headquartered in Bengaluru, Karnataka, India.
CarX operates across multiple industries. Browse revenue, funding, and growth data for CarX in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$6.6M(Est.)
Customers
1K
Funding
$0
Avg ACV
$6.6K
Team
69
Founded
2015
| Year | Milestone | Source |
|---|---|---|
| 2024 | CarX Hit $6.6m revenue in October 2024 | Estimated |
| 2023 | CarX Hit $4.3m revenue in December 2023 | Estimated |
| 2021 | CarX Hit $1.4m revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 69 employees (December 2024) | |
| 2024 | Reached 70 employees (October 2024) | |
| 2023 | Reached 60 employees (December 2023) | |
| 2022 | Reached 46 employees (December 2022) | |
| 2021 | Reached 24 employees (December 2021) | |
| 2021 | Reached 17 employees (April 2021) |
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