Vroom

company

About

Vroom is an innovative, end-to-end ecommerce platform designed to offer a better way to buy and sell used vehicles.

Details

Last Funding Type
Series C
Last Funding Money Raised
$95M
Industries
Automotive,E-Commerce,Marketing,Sales
Founded date
Jan 1, 2013
Number Of Employee
501 - 1000
Operating Status
Active
Stock Symbol
nasdaq:VRM
Legal Name
Vroom, Inc.
Also Known As
Autoamerica,TexasDirectAuto

Vroom is an innovative, end-to-end e-commerce platform designed to offer a better way to buy and sell used vehicles. The company's scalable, data-driven technology brings all phases of the vehicle buying and selling process to consumers wherever they are and offers an extensive selection of vehicles, transparent pricing, competitive financing, and at home pick-up and delivery.

It was founded in 2013 and is located in New York City.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
11
$1.84B
Vroom has raised a total of $1.84B in funding over 2 rounds. Their latest funding was raised on Sep 10, 2020 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 10, 2020 Post-IPO Equity $588.60M 1 Detail
Jun 8, 2020 Post-IPO Equity 1 Detail
Jun 8, 2020 IPO $537.62M Detail
Dec 6, 2019 Series H $254M 5 Durable Capital Partners Detail
Dec 11, 2018 Series G $146M 6 AutoNation Detail

Employee Profiles

Number of Employee Profiles
13
Vroom has 13 current employee profiles, including Board member Robert Mylod Jr.
Board member
Board member
Executive
Board member
Executive

Acquisition

Vroom has acquired 3 organizations. Their most recent acquisition was Texas Direct Auto on Dec 16, 2015. They acquired Texas Direct Auto for 0.

Date Company Name
Industry Acquisition Type Price
Dec 16, 2015 Texas Direct Auto
Automotive acquisition Detail
Dec 16, 2020 CarStory
Artificial Intelligence acquisition $ 120M Detail
Financial Services acquisition $ 300M Detail