When was CarGurus founded?

CarGurus was founded in 2006 and raised its 1st funding round 11 years after it was founded.

Where is CarGurus located?

CarGurus is headquartered in Cambridge, United States. It is registered at Desoto, Missouri.

How many employees does CarGurus have?

As of Mar 31, 2026, the latest employee count at CarGurus is 1381.

Is CarGurus a funded company?

CarGurus is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Aug 16, 2017.

When was the latest funding round of CarGurus?

CarGurus' latest funding was a $***** Series A round on Aug 16, 2017, with participation from 0 investor. Its primary sector is Auto E-Commerce & Content. In United States, the Auto E-Commerce & Content sector has seen $323M in funding in 2026 to date.

What is the annual revenue of CarGurus?

Annual revenue of CarGurus is between $500M and $1B as on Dec 31, 2025

Where does CarGurus rank among its competitors?

CarGurus ranks 5th amongst 763 active competitors, of which 30 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Droom, which secured $3M in Mar, 2025.

Who are the top competitors of CarGurus?

CarGurus' top competitors include Carvana, TrueCar and Droom. Among them, Droom secured the most recent funding round in March, 2025.

CarGurus - 2026 Company Profile, Funding, Competitors & Financials

CarGurus is a public company based in Cambridge (United States), founded in 2006. It operates as an Online retailer of used and new cars with financing options. CarGurus has raised $1.75M in funding. The company has 763 active competitors, including 30 funded and 68 that have exited. Its top competitors include companies like Carvana, TrueCar and Droom.

Company Details

Online retailer of used and new cars with financing options. The platform provides tools for comparing vehicles, estimating loan payments, and finding dealerships. It offers vehicle reviews, buying guides, and resources for selling cars. The site also provides vehicle history reports and deal ratings.

Website: www.cargurus.com/
Social
Registered Address: Desoto, Missouri

Key Metrics

Founded Year

2006

Location

Cambridge, United States

Stage

Public

Total Funding

$1.75M in 1 round

Latest Funding Round

Series A, Aug 16, 2017, $*****

Investors

Vitruvian Partners & 2 more

Ranked

5^th among 763 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2025

Employee Count

1,381 as on Mar 31, 2026

Investment & Acquisitions

CarOffer & 3 more

Similar Companies

CarWale & 995 more

Exit Details

Public

View CarGurus' full profile

CarGurus is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AUTO PLAZA GROUP, LLC CIN: 814466892 , United States, Active	Dec 26, 999	-	112 (As on Dec 31, 2024)	-
CARGURUS, INC. CIN: 1494259 , United States, Active	Jun 25, 2015	$500M - $1B (As on Dec 31, 2025)	349 (As on Dec 31, 2023)	-
CARGURUS LLC CIN: 43843478 , United States, Active	Dec 31, 1999	-	1053 (As on Dec 31, 2024)	-

CarGurus got listed on Oct 12, 2017.

Click here to take a look at CarGurus's IPO in detail

CarGurus has raised a total funding of $1.75M over 1 round. CarGurus has 3 institutional investors.

Here is the list of recent funding rounds of CarGurus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 16, 2017	7592907	Series A	9608033	9783291	4649903	9763190

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CarGurus' employee count trend

CarGurus has 1,381 employees as of Mar 26. Here is CarGurus's employee count trend over the years:

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Top competitors of CarGurus include Carvana, TrueCar and Droom. Here is the list of Top 10 competitors of CarGurus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Carvana 2012, Phoenix (United States), Public	Online dealer of pre owned cars	$460M	Alua Capital Management, Vanguard & 2 others	84/100
2nd	TrueCar 2005, Santa Monica (United States), Acquired	Online new and used cars listing platform	$270M	Allen & Company, USAA & 22 others	76/100
3rd	Droom 2014, Gurugram (India), Series G	Online retailer of used and new automobiles, plus related services	$344M	Digital Garage, Toyota Tsusho & 67 others	75/100
4th	Cars.com 1998, Chicago (United States), Public	Online retailer of new and used cars, providing reviews	-	Starboard Value, Putnam & 1 others	74/100
5th	CarGurus 2006, Cambridge (United States), Public	Online retailer of used and new cars with financing options	$1.75M	Vitruvian Partners, Ithaka Partners & 1 others	73/100
6th	Cazoo 2018, London (United Kingdom), Public	Online dealer of second-hand cars	$563M	General Catalyst, Stride & 37 others	73/100
7th	Copart 1982, Dallas (United States), Public	Online marketplace for used and salvaged vehicles	$1.1M	-	72/100
8th	Edmunds.com 1966, Santa Monica (United States), Acquired	Online listing platform for multi-category used vehicles & price comparison	$50M	CarMax, Dover Madison Capital Management	71/100
9th	Carwow 2010, London (United Kingdom), Series E	Online marketplace to buy new cars	$178M	Accel, Vitruvian Partners & 34 others	70/100
10th	Carsales 1998, Melbourne (Australia), Public	Online listing platform for used cars	-	AUI, AMCIL & 2 others	67/100

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CarGurus has not made any investments yet. CarGurus has made 4 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 10, 2020	Acquisition	CarOffer	2019	Plano (United States)
Jan 16, 2020	Acquisition	Autolist	2011	San Francisco (United States)
Dec 04, 2018	Acquisition	PistonHeads	1998	Teddington (United Kingdom)