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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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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.
Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Used Cars, New Cars
Technology
Analytics
Tags
eCommerce
Model Types
Retail
Revenue Type(s)
Transactional
Customer Type(s)
Consumers
Geographic Exposure
United States
When was Vroom founded?
Vroom was founded in 2013.
Where is Vroom’s headquarters located?
Vroom’s headquarters is located in Bordeaux, 33, FR.
When was Vroom’s last funding round?
Vroom’s most recent funding round was for $588.6M (USD) in September 2020.
How many employees does Vroom have?
Vroom has 1323 employees as of Feb 6, 2024.
How much has Vroom raised to-date?
As of July 05, 2023, Vroom has raised a total of $1.3B (USD) since Sep 10, 2020.
Add Comparison
Total Raised to Date
$1.3B
USD
Last Update Sep 10, 2020
Last Deal Details
$588.6M
USD
Sep 10, 2020
Post Ipo Equity
Total Employees Over Time
1323
As of Feb 2024
Vroom Address
Bordeaux,
Gironde
France
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts