Copart
Copart, Inc. offers global online auctions for salvage vehicles, primarily serving insurers and used vehicle dealers.
Founded
1982Copart, Inc. offers global online auctions for salvage vehicles, primarily serving insurers and used vehicle dealers.
Founded in 1982 by Willis J. Johnson in Vallejo, California, Copart, Inc. is a public company that operates in the automotive industry. Its core mission is to provide vehicle suppliers, primarily insurance companies, with efficient services to process and sell salvage vehicles through online auctions. Copart's vision is to be the leading global marketplace for vehicle auctions. The company offers a variety of services, including the sale of salvaged vehicles to licensed dismantlers, rebuilders, and used vehicle dealers, serving a worldwide customer base.
Notable affiliated individuals include founder Willis J. Johnson. Copart is publicly traded on the Nasdaq under the ticker symbol CPRT and is a component of both the Nasdaq-100 and S&P 500 indices. Key achievements include its significant expansion into international markets and its pioneering role in online vehicle auctions. Copart's impact is profound, providing a critical service to insurers and automotive professionals globally, thereby enhancing the efficiency and reach of the salvage vehicle market.
Companies similar to Copart include Auto Auction Mall, Manheim, ACV Auctions and Interstate Auto Auction.
Copart was founded in 1982.
Copart's headquarters is located in Dallas, TX, US.
Copart's most recent funding round was for $108M (USD) in October 2023.
As of Oct 17, 2023, Copart has disclosed funding of $108M (USD). Undisclosed round amounts are excluded.
Copart has 10,200 employees as of Feb 6, 2024.
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