CARiD, a leading e-commerce platform specializing in car parts and accessories, is thrilled to announce the successful closure of a $35 million funding round. CARiD is a technology-driven, digital commerce company focused on creating custom infrastructure and unique user experiences within niche vehicle markets. The $35 million in funding will be strategically invested in several key areas, including the expansion of product offerings, technological advancements (including AI and machine learning tools for personalized recommendations), customer service excellence, and competitive pricing by leveraging strategic data science and streamlined supply chain management.
CARiD.com Secures $35 Million in Funding, Marking a Major Milestone for the Business