Founded in August 2013 and headquartered in Houston, Texas, Vroom, Inc. is a publicly traded e-commerce platform (Nasdaq: VRM) specializing in the retail of new and used cars. The company's core mission is to revolutionize the car buying and selling experience by leveraging technology to offer a seamless online marketplace. Vroom provides a range of related services, including maintenance, repairs, financing, insurance, and vehicle rentals, catering primarily to customers across the United States.
Notable figures associated with Vroom include CEO Thomas Shortt. The company has achieved significant milestones, including generating $2.6 billion in revenue in 2021. Vroom is also the parent company of United Auto Credit Corporation (UACC) and CarStory, enhancing its market presence and service offerings. With its innovative approach to auto retailing, Vroom has made a substantial impact on the automotive e-commerce industry, simplifying the car buying and selling process for consumers nationwide.
