About CarGurus
CarGurus is a company based in Cambridge (United States) founded in 2006. CarGurus has raised $1.75 million across 1 funding round. The company has 1,280 employees as of December 31, 2024. CarGurus has completed 3 acquisitions, including Autolist, CarOffer and PistonHeads. CarGurus operates in a competitive market with competitors including Carvana, Cazoo, Vroom, Copart and Droom, among others.
- Headquarter Cambridge, United States
- Employees 1280 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Cargurus, Inc.
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Annual Revenue
$894.38 M (USD)-2.17as on Dec 31, 2024
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Net Profit
$20.97 M (USD)-32.57as on Dec 31, 2024
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EBITDA
$188.78 M (USD)103.17as on Dec 31, 2024
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Total Equity Funding
$1.75 M (USD)
in 1 rounds
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Latest Funding Round
$1.75 M (USD), Series A
Aug 16, 2017
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Investors
Not available
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Employee Count
1280
as on Dec 31, 2024
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Investments & Acquisitions
Autolist
& 2 more
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IPO & Listings of CarGurus
CarGurus is a publicly listed company on the NASDAQ with ticker symbol CARG in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of CarGurus
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Software Development Team
115 people
Sales and Marketing
89 people
Product Management Team
62 people
Leadership Team
44 people
Senior Team
28 people
Human Resources and Administration
21 people
Data Analysis and Operations Team
18 people
Creative and Marketing Team
15 people
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Funding Insights of CarGurus
CarGurus has successfully raised a total of $1.75M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.75 million completed in August 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by CarGurus
CarGurus has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Autolist, CarOffer and PistonHeads.
Investment portfolio details for CarGurus
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online B2B marketplace for used cars
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Locked | Locked | 2019 | Locked | |
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Automobile listings are aggregated and searched from multiple sources.
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Locked | Locked | 2011 | Locked | |
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Automotive news, classifieds, and forums are hosted online.
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Locked | Locked | 1998 | Locked |
Complete acquisition details for CarGurus
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - CarGurus
Detailed financials for CarGurus
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Cargurus Comparisons
Peer comparison for CarGurus
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Competitors of CarGurus
CarGurus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carvana, Cazoo, Vroom, Copart and Droom, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Pre-owned vehicles are sold online with financing and valuation services.
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| Locked | Locked | Locked |
Online dealer of second-hand cars
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| Locked | Locked | Locked |
Used cars are purchased and resold online through Vroom's platform.
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| Locked | Locked | Locked |
Used and salvaged vehicles are offered via an online marketplace.
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| Locked | Locked | Locked |
Used vehicles are bought and sold through an AI platform.
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Detailed competitors of CarGurus
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Cargurus
Complete news archive for CarGurus
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Frequently Asked Questions about CarGurus
CarGurus was founded in 2006 and raised its 1st funding round 11 years after it was founded.
CarGurus is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
CarGurus is a funded company, having raised a total of $1.75M across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at CarGurus is 1,280.
Annual revenue of CarGurus is $894.38M as on Dec 31, 2024.
Founded in 2006 in Cambridge, United States, CarGurus operates in the automotive sector as an online marketplace. New and used car listings are analyzed using pricing algorithms to assist consumers in identifying local deals. Reviews of dealers, mechanics, and vehicles are shared by users, along with advice on automotive topics. Private sellers are enabled to list cars for sale. The platform is accessible through iOS and Android applications.
Yes, CarGurus is publicly traded on NASDAQ under the ticker symbol CARG.
CarGurus has made 3 acquisitions, including Autolist, CarOffer, and PistonHeads.
The ticker symbol of CarGurus is CARG on NASDAQ.