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CarGurus
AddedFeb 19, 2024
UpdatedJun 18, 2026
CarGurus

CarGurus

Public

CarGurus: A Massachusetts-based platform for comparing and shopping new and used cars.

HQ
Cambridge, MA, US
Founded
2006
Overview
Compare
Fundraising
Employees
Website

CarGurus, founded in 2006 in Cambridge, Massachusetts, aims to simplify the car shopping process by providing a comprehensive platform for comparing local listings of new and used cars. The company's mission is to build trust and transparency in the automotive marketplace. CarGurus offers a user-friendly interface that allows consumers to search for vehicles by make and model, compare prices, and contact sellers directly. Their market focus includes both individual buyers and car dealerships, making it easier for users to find the best deals and for sellers to reach a broader audience.

Notable figures associated with CarGurus include its founder Langley Steinert, who also co-founded TripAdvisor. The company has attracted significant investment from firms like T. Rowe Price and Wellington Management. Key achievements include becoming one of the most visited automotive shopping websites in the United States and expanding its services internationally. CarGurus has had a substantial impact on the automotive industry by increasing price transparency and helping consumers make more informed purchasing decisions.

CarGurus - Quick Facts

When was CarGurus founded?

CarGurus was founded in 2006.

Where is CarGurus' headquarters located?

CarGurus' headquarters is located in Cambridge, MA, US.

How much has CarGurus raised to-date?

As of Aug 11, 2022, CarGurus has raised a total of $1.8M (USD).

How many employees does CarGurus have?

CarGurus has 1,403 employees as of Feb 6, 2024.

CarGurus - Classification

Ownership
  • Public
Technology
  • Analytics
  • Data
Geographic Exposure
  • United States
Revenue
  • Advertising
  • Transactional
Main Product
  • Automotive
  • Car Shopping
Tags
  • eCommerce
  • Marketplace
Unique IDs
  • ein: 043843478
  • secCik: 0001494259
  • ticker: CARG
NAICS
  • 518000Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
  • 518200Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
  • 510000Information
  • 518210Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7374Computer Processing and Data Preparation and Processing Services
Show 7 more industry codes
NAICS
  • 440000Retail Trade
  • 441000Motor Vehicle and Parts Dealers
  • 441100Automobile Dealers
SIC
  • 5500Automotive Dealers And Gasoline Service Stations
  • 5510Motor Vehicle Dealers (new And Used)
  • 5900Miscellaneous Retail
  • 6000Depository Institutions