Roadster - About the company
Roadster is an acquired company based in San Francisco (United States), founded in 2013. It operates as a White-label e-commerce platform for automotive retailers. Roadster has raised $23.8M in funding from Costanoa and Aslanoba Capital, with last known valuation of $*****. The company has 124 active competitors, including 3 funded and 6 that have exited. Its top competitors include companies like DealerOn, InteractRV and SilverBullet.
Company Details
Roadster, initially started as an online concierge service for car buying & leasing has pivoted its business to offer a white label commerce platform for automotive retailers. Offers proprietary omnichannel commerce solutions, namely, Express Storefront: consumer-facing commerce/retailing solution, Express Trade: mobile-first trade valuation solution, and Express Marketplace: commerce/retail solution for dealer groups. Features include deal building tools, multiple payment modes, sales agent tools, VIN barcode scanning, vehicle recommendation tool, optional accessories store, etc.
- Website
- roadster.com
- Email ID
- *****@roadster.com, *****@roadster.com
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Acquired
Total Funding
$23.8M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 30, 2024
Ranked
1st among 124 active competitors
Employee Count
123 as on Dec 31, 2022
Exit Details
Acquired by CDK Global (Jun 02, 2021)
Legal entities associated with Roadster
Roadster is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ROADSTER ONLINE, INC. CIN: 463606668 , United States, Active | Dec 31, 1999 | - | 143 (As on Dec 31, 2021) | - |
Roadster's acquisition details
Roadster got acquired by CDK Global on Jun 02, 2021 at an acquisition amount of $*****.
Click here to take a look at Roadster's acquisition in detail
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Roadster's funding and investors
Roadster has raised a total funding of $23.8M over 6 rounds. Its first funding round was on Aug 28, 2014. Its latest funding round was a Series B round on Jun 27, 2018 for $*****. 1 investor participated in its latest round. Roadster has 17 institutional investors.
Here is the list of recent funding rounds of Roadster:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 27, 2018 | 2189505 | Series B | 7438837 | 7686010 | 2750651 | 8892713 |
Jul 31, 2017 | 9427586 | Series B | 4638792 | 7941824 | 5808177 | 1787407 |
2015 | 8351 | Seed | 5079 | 4871 | 2706 |
View details of Roadster's funding rounds and investors
Roadster's founders and board of directors
Founder? Claim ProfileRoadster's employee count trend
Roadster has 123 employees as of Dec 22. The total employee count is 14.0% more than what it was in Dec 21. Here is Roadster's employee count trend over the years:
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Roadster's Competitors and alternates
Top competitors of Roadster include DealerOn, InteractRV and SilverBullet. Here is the list of Top 10 competitors of Roadster, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Roadster 2013, San Francisco (United States), Acquired | White-label e-commerce platform for automotive retailers | $23.8M | 47/100 | |
2nd | DealerOn 2004, Derwood (United States), Late Stage | Digital website services for auto dealers | - | 43/100 | |
3rd | InteractRV 2002, Saginaw (United States), Unfunded | RV dealer website design and digital marketing solutions provider | - | - | 41/100 |
4th | SilverBullet 2018, Glasgow (United Kingdom), Acquired | Digital storefront solutions for auto industry | - | - | 40/100 |
5th | Dealer Inspire 2013, Chicago (United States), Acquired | Website builder for Automotive dealers | - | - | 38/100 |
6th | GForces 1999, Bearsted (United Kingdom), Unfunded | Provider of an e-commerce storefront solutions for auto dealers & manufacturers | - | - | 37/100 |
7th | Modal 2015, San Francisco (United States), Deadpooled | E-commerce solution for auto dealers | $41.3M | 37/100 | |
8th | DealerApp Vantage 2008, Piscataway (United States), Unfunded | Cloud-driven white-label mobile apps for auto dealers | - | - | 37/100 |
9th | Dealer eProcess 2006, Chicago (United States), Unfunded | Website solutions for auto dealers | - | - | 36/100 |
10th | WebBuy 2014, Billings (United States), Seed | SaaS-driven retail solution for car dealerships | $100K | - | 34/100 |
Looking for more details on Roadster's competitors? Click here to see the top ones
Roadster's Investments and acquisitions
Roadster has made no investments or acquisitions yet.
Reports related to Roadster
Here is the latest report on Roadster's sector:
News related to Roadster
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TrueCar and Roadster Partner to Provide TrueCar Users Option to Finalize their Car Deal OnlinePR Newswire•May 05, 2021•TrueCar, Roadster
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US ecommerce firm Roadster launches in UK at Automotive Management LiveAutomotive Management•Oct 21, 2019•Roadster
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Trailblazer Mercedes-Benz gears up to sell used and new cars onlineBusiness Standard•Oct 01, 2019•Mercedes-Benz, Roadster
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Roadster lands digital retail partnerships with Toyota, MercedesAuto Remarketing•May 15, 2019•Roadster, Toyota
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Myntra shutters two loss-making offline stores in Mumbai, BengaluruIndiatimes•Mar 14, 2019•Myntra, Roadster, Mango, mangoshop.com
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Top fashion brands stare at uncertain future onlineIndiatimes•Jan 02, 2019•Under Armour, Mango, Roadster
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Roadster Secures New Funding, Announces New Ties With Lithia, LexusAuto Dealer Magazine•Jun 27, 2018•Roadster, Lithia Motors, Lexus, Costanoa Venture
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Toyota mega dealer embraces online using startup’s software The Star Online•Aug 22, 2017•Longo Toyota, Roadster
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