Vroom

Automotive

Active
USA Founded 2013
Total raised
Stage
Founded
2013
Headcount
649
HQ
USA
Sector

About

Vroomallows customers to buy, sell, and finance used cars online. Vroom providesno-haggle pricing, an end-to-end online purchase experience, and free nationwide delivery.Vroom offers a seven-day money-back guarantee and 90-day bumper-to-bumper warranty. Vroom's Israeli research and developmentdeveloped aproprietary intelligent big data system that enables customers to get cash offers on their cars, sight unseen, in minutes. In September 2017, the Israeli center was closed.

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When did Vroom become a public company and on which exchange?
Vroom went public on NASDAQ in June 2020, trading under the ticker VRM.
What was the status of Vroom's Israeli R&D center?
Vroom's Israeli research and development center, which developed a proprietary intelligent big data system, was closed in September 2017.
Which investor was revealed as an early backer of Vroom in July 2020?
In July 2020, Founders Group, an entity linked to NSO co-founders, was revealed as an early investor in Vroom.
What was Vroom's IPO aim in June 2020?
In June 2020, Vroom aimed to raise $318 million in its Nasdaq IPO.
How much funding did Vroom raise in December 2019?
In December 2019, Vroom raised $254 million.
Who led Vroom's $146 million investment round in December 2018?
AutoNation led Vroom's $146 million investment round in December 2018.
What significant operational development occurred in September 2018, following layoffs?
In September 2018, Vroom was raising $70 million, six months after a round of layoffs.
When did Vroom raise its Series F round and for how much?
Vroom raised a $76 million Series F round in July 2017.
What was a key acquisition for Vroom in December 2015?
In December 2015, Vroom acquired Texas Direct Auto.

Tags

retailersecommercemarketplacebig-data-analyticsautomotive