Vroom - About the company
Vroom is a public company based in New York City (United States), founded in 2013 by Marshall Chesrown. It operates as an Online dealer of used cars. Vroom has raised $708M in funding from investors like AutoNation, Altimeter Capital and L Catterton. The company has 2353 active competitors, including 24 funded and 61 that have exited. Its top competitors include companies like Olx, Carvana and Droom.
Sectors and market segments that Vroom operate in
Vroom serves in the Auto Tech, Auto market segments.The primary business model of Vroom are:Company Details
Online dealer of used cars. Their platform buys vehicles itself, then resells them to car buyers. Buyers can find the cars on the platform, view their specifications, features, photos & prices, as well, make an order via the platform. Their service includes purchase warranty, returns & more.
- Website
- www.vroom.com/
- Registered Address
- New York,New York
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Public
Total Funding
$708M in 13 rounds
Latest Funding Round
Investors
Ranked
10th among 2353 active competitors
Annual Revenue
$500M - $1B as on Dec 31, 2023
Employee Count
572 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Vroom
Vroom is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VROOM, INC. CIN: 1580864 , United States, Active | Jan 30, 2012 | $500M - $1B (As on Dec 31, 2023) | - | - |
VROOM VR LTD CIN: 12012253 , United Kingdom, Active | May 21, 2019 | £0 - £1M (As on May 31, 2022) | 1 (As on May 31, 2022) | |
VROOM INC. CIN: 901112566 , United States, Active | Dec 31, 1999 | - | 68 (As on Dec 31, 2024) | - |
Vroom's IPO details
Vroom got listed on Dec 02, 2024.
Click here to take a look at Vroom's IPO in detail
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Vroom's funding and investors
Vroom has raised a total funding of $708M over 13 rounds. Its first funding round was on Jun 25, 2013. Its latest funding round was a Conventional Debt round on Mar 31, 2020 for $450M. 1 investor participated in its latest round. Vroom has 19 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Vroom:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 31, 2020 | $450M | Conventional Debt | - | - | - | |
Dec 06, 2019 | $254M | Series H | - | - | - | |
Dec 11, 2018 | $146M | Series G | $440M | - |
View details of Vroom's funding rounds and investors
Vroom's founders and board of directors
Founder? Claim ProfileThe founders of Vroom is Marshall Chesrown. Thomas Shortt is the CEO of Vroom.
Here are the details of Vroom's key team members:
- Marshall Chesrown: Co-Founder of Vroom.
- Thomas Shortt: CEO of Vroom.
View details of Vroom's Founder profiles and Board Members
Vroom's employee count trend
Vroom has 572 employees as of Aug 26. Here is Vroom's employee count trend over the years:
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Vroom's Competitors and alternates
Top competitors of Vroom include Olx, Carvana and Droom. Here is the list of Top 10 competitors of Vroom, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Olx 2006, Hoofddorp (Netherlands), Acquired | International online classifieds | $28.5M | 84/100 | |
2nd | Carvana 2012, Phoenix (United States), Public | Online dealer of pre owned cars | $460M | 84/100 | |
3rd | Online retailer of used and new automobiles, plus related services | $344M | 75/100 | ||
4th | TrueCar 2005, Santa Monica (United States), Acquired | Online new and used cars listing platform | $270M | 75/100 | |
5th | CarGurus 2006, Cambridge (United States), Public | Online retailer of used and new cars with financing options | $1.75M | 73/100 | |
6th | Copart 1982, Dallas (United States), Public | Online marketplace for used and salvaged vehicles | $1.1M | - | 72/100 |
7th | Cars.com 1998, Chicago (United States), Public | Online retailer of new and used cars, providing reviews | - | 70/100 | |
8th | Edmunds.com 1966, Santa Monica (United States), Acquired | Online listing platform for multi-category used vehicles & price comparison | $50M | 67/100 | |
9th | Online listing platform for used cars | - | 67/100 | ||
10th | Vroom 2013, New York City (United States), Public | Online dealer of used cars | $708M | 66/100 |
Looking for more details on Vroom's competitors? Click here to see the top ones
Vroom's Investments and acquisitions
Vroom has not made any investments yet. Vroom has made 4 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 12, 2021 | Acquisition | 1996 | Fort Worth (United States) | |
Dec 15, 2020 | Acquisition | 2005 | Austin (United States) | |
Dec 15, 2020 | Acquisition | Austin (United States) |
See all acquisitions by Vroom
Reports related to Vroom
Here is the latest report on Vroom's sector:
News related to Vroom
Media has covered Vroom for a total of 4 events in the last 1 year.
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Vroom has filed a notice of an exempt offering of securities to raise $10,500,000.00 in New Funding.intelligence360•Dec 08, 2025•Vroom
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Goat Industries Announces Non-Binding Letter of Intent to Acquire Gambling PlatformThe Newswire•Aug 25, 2025•GOAT Industries, Vroom
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Vroom Announces Second Quarter 2025 Results,operational initiatives,improved portfolio performanceGlobeNewswire•Aug 08, 2025•Vroom
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Secret Sales acquires Vroom & Dreesmann (V&D) and To Be DressedFashion Network•Jul 09, 2025•Secret Sales, Vroom
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Secret Sales acquires Vroom & Dreesmann (V&D) and To Be DressedFashion Network•Jul 09, 2025•Secret Sales, Vroom
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Vroom Digital wins two awards at European Search Awards for EPIC collaborationBusinessplus•Jun 09, 2025•Vroom
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