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Carvana

company

About

Carvana is an e-commerce platform for buying and selling used cars.

  • 1001 - 5000

Highlights

Total Funding Amount
$4.07B
Funding Rounds
3
Investors
2

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$3.27B
Industries
Automotive,Autonomous Vehicles,E-Commerce
Founded date
Jan 1, 2013
Number Of Employee
1001 - 5000
Operating Status
Active

Founded in 2012 and based in Phoenix, Carvana’s mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online car buying and financing platform. Carvana.com enables consumers to quickly and easily shop more than 15,000 vehicles, finance, trade in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana’s patented, automated Car Vending Machines.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$4.07B
Carvana has raised a total of $4.07B in funding over 2 rounds. Their latest funding was raised on Feb 24, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 24, 2022 Post-IPO Debt $3.27B 1 — — Detail
Jan 4, 2017 Debt Financing $600M 1 Ally Financial — Detail
Nov 9, 2016 Debt Financing $200M 1 Ally Financial — Detail

Investors

Number of Lead Investors
Number of Investors
2
2
Carvana is funded by 2 investors. Ally Financial and Citi are the most recent investors.
Investor Name Lead Investor Funding Round
Ally Financial Yes Debt Financing
Citi — Post-IPO Debt
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