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Copart - About the company

Copart is a public company based in Dallas (United States), founded in 1982. It operates as an Online marketplace for used and salvaged vehicles. Copart has raised $1.1M in funding. The company has 7107 active competitors, including 84 funded and 434 that have exited. Its top competitors include companies like Carvana, Kavak and Cars24.

Company Details

Online marketplace for used and salvaged vehicles. It allows choose late model cars, classics, trucks, motorcycles, boats, jet skis, snowmobiles, and more.
Website
copart.com
Social
XFacebook
Email ID
*****@copart.com
Key Metrics
Founded Year
1982
Location
Dallas, United States
Stage
Public
Total Funding
Ranked
Annual Revenue
$1B+ as on Jul 31, 2025
Employee Count
5,494 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Copart's IPO details

Copart got listed on Mar 16, 1994.
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Copart's funding and investors

Copart has raised a total funding of $1.1M.

Copart's founders and board of directors

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Copart's employee count trend

Copart has 5,494 employees as of Sep 26. Here is Copart's employee count trend over the years:
Employee count trend for Copart
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Copart's Competitors and alternates

Top competitors of Copart include Carvana, Kavak and Cars24. Here is the list of Top 10 competitors of Copart, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Carvana
Carvana
2012, Phoenix (United States), Public
Online dealer of pre owned cars
$460M
84/100
2nd
Logo for Kavak
Kavak
2016, Lerma de Villada (Mexico), Series F
Online retailer of certified pre-owned vehicles with financing and services
$1.85B
77/100
3rd
Logo for Cars24
Cars24
2015, Gurugram (India), Series G
Retailer of used vehicles, new vehicle information, loans, and related services
$1.08B
76/100
4th
Logo for Droom
Droom
2014, Gurugram (India), Series G
Online retailer of used and new automobiles, plus related services
$344M
75/100
5th
Logo for TrueCar
TrueCar
2005, Santa Monica (United States), Acquired
Online new and used cars listing platform
$270M
75/100
6th
Logo for ACV Auctions
ACV Auctions
2014, Buffalo (United States), Acquired
Online marketplace providing auction services for used vehicles to licensed dealers
$350M
74/100
7th
Logo for Copart
Copart
1982, Dallas (United States), Public
Online marketplace for used and salvaged vehicles
$1.1M
-
72/100
8th
Logo for CarGurus
CarGurus
2006, Cambridge (United States), Public
Online retailer of used and new cars with financing options
$1.75M
71/100
9th
Logo for Cazoo
Cazoo
2018, London (United Kingdom), Series D
Online dealer of second-hand cars
$563M
71/100
10th
Logo for Motorway
Motorway
2017, London (United Kingdom), Series C
Online platform providing vehicle valuation and sales services to individuals
$276M
71/100
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Copart's Investments and acquisitions

Copart has made 1 investments in companies including Purple Wave. Copart has also acquired 8 companies including ACV Auctions and Hills Motors.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 12, 2026
Acquisition
2014
Buffalo (United States)
Oct 10, 2023
Investments
2000
Manhattan (United States)
Jul 12, 2022
Acquisition
1997
Skelmersdale (United Kingdom)
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See all acquisitions by Copart

Reports related to Copart

Here is the latest report on Copart's sector:

News related to Copart

lockFilter this list
Media has covered Copart for a total of 60 events in the last 1 year, 45 of them have been about company updates and 4 about people movement.
•
Copart Acquires ACV for $1.9 BillionAutomotive Fleet•Sep 11, 2026•Copart, ACV Auctions, ACV Auto, Monteverde
•
Copart Adds David Berger to Board of DirectorsAuto Remarketing•Aug 19, 2026•Copart
•
Copart Names New President, Promotes UK BossAuto Remarketing•Jul 10, 2026•Copart
•
Copart Announces CEO TransitionBusiness Wire•Jun 29, 2026•Copart
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FAQs about Copart

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