The Cranbury based startup CARiD has raised $35 million in funding. It is an e-commerce platform that specializes in auto parts and accessories.
Fifth Star, Inc., which owns consumer and consumer-related technology companies , purchased the bulk of CARiD and acquired a majority stake.
The company plans to use the funds for:
- Improvements in Technology
- Excellency in Customer Service
- Competitive Costs
- Growth of Available Products
Having been established in 2008, CARiD offers extensive and intuitive platforms for car accessories and parts. The company serves every type of automotive customer, from daily drivers to auto enthusiasts and expert mechanics, by providing a wide range of items in multiple categories.
The professional guidance and tailored support offered by CARiD’s customer service.