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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 6522 active competitors, including 83 funded and 430 that have exited. Its top competitors include companies like Carvana, Kavak and TrueCar.

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
5,308 as on May 31, 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 5,308 employees as of May 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 TrueCar. 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
80/100
3rd
Logo for TrueCar
TrueCar
2005, Santa Monica (United States), Acquired
Online new and used cars listing platform
$270M
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 Cars.com
Cars.com
1998, Chicago (United States), Public
Online retailer of new and used cars, providing reviews
-
74/100
6th
Logo for CarGurus
CarGurus
2006, Cambridge (United States), Public
Online retailer of used and new cars with financing options
$1.75M
73/100
7th
Logo for ACV Auctions
ACV Auctions
2014, Buffalo (United States), Series E
Online marketplace providing auction services for used vehicles to licensed dealers
$350M
73/100
8th
Logo for Cazoo
Cazoo
2018, London (United Kingdom), Public
Online dealer of second-hand cars
$563M
73/100
9th
Logo for Copart
Copart
1982, Dallas (United States), Public
Online marketplace for used and salvaged vehicles
$1.1M
-
72/100
10th
Logo for Edmunds.com
Edmunds.com
1966, Santa Monica (United States), Acquired
Online listing platform for multi-category used vehicles & price comparison
$50M
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 7 companies including Hills Motors and Vincent Auto Solutions.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Oct 10, 2023
Investments
2000
Manhattan (United States)
Jul 12, 2022
Acquisition
1997
Skelmersdale (United Kingdom)
Mar 07, 2019
Acquisition
2004
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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

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Media has covered Copart for a total of 81 events in the last 1 year, 71 of them have been about company updates and 3 about partnerships.
Copart Names New President, Promotes UK BossAuto RemarketingJul 10, 2026Copart
Copart Announces CEO TransitionBusiness WireJun 29, 2026Copart
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