About CarGurus
CarGurus is a publicly listed company based in Cambridge (United States) founded in 2006. Automotive vehicle listings are managed via an app-based platform. CarGurus has raised $1.75 million across 1 funding round. The company has 1,280 employees. CarGurus has completed 3 acquisitions, including Autolist, CarOffer and PistonHeads. Its website cargurus.com draws about 50 million monthly visits. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include Carvana, Vroom and Copart; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Cambridge, United States
- Employees 1,280
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles
- Website cargurus.com
- Social LinkedIn X Facebook
- Legal Name Cargurus, Inc.
- Annual Revenue$906.98 M (USD)13.65as on Dec 31, 2025
- Net Profit$155.9 M (USD)643.39as on Dec 31, 2025
- EBITDA$294.95 M (USD)41.7as on Dec 31, 2025
- Total Equity Funding$1.75M (USD)
in 1 rounds
- Latest Funding Round$1.75M (USD), Series A
Aug 2017
- Employee Count1,280
- Investments & AcquisitionsAutolist
& 2 more
Apps and channels of CarGurus
CarGurus publishes 2 mobile apps with over 5M+ downloads.
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.
- Total Funding $1.75M
- Total Rounds 1
- Last Round Series A — $1.75M
- First Round $1.75M
(Aug 2017)
All 1 funding rounds of CarGurus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | $1.75M | Series A | – | – | – |
People of CarGurus
473 people are tracked at CarGurus (108 in leadership, 6 in board & advisors, 359 in team); the tracked headcount is 1,280.
| Name | Role | Group |
|---|---|---|
Kelly Haydu | Vp, Information Security, Technology & Enterprise Applications | Leadership |
Wendy Harris | SVP, Sales & UK Managing Director | Leadership |
Sam Zales | Chief Operating Officer | Leadership |
Don Mason | Vice President, Global Advertising Sales & Operations | Leadership |
Raghbir Banwait | VP, Dealer Products | Leadership |
Joseph Chiu | VP, Engineering | Leadership |
Jason Trevisan | Chief Executive Officer | Leadership |
Joe Burke | Senior Acceleration Partner, Inside Sales | Leadership |
Dom Lombardi | Director Information Security | Leadership |
Matt Quinn | Chief Technology Officer | Leadership |
Dafna Sarnoff | Chief Marketing Officer | Leadership |
Jennifer Hanson | Chief People Officer | Leadership |
Amanda Symonds | Managing Director Cargurus UK & Pistonheads | Leadership |
Abhijeet V. | Manager, Call Center Partner | Leadership |
Carol Chen | VP, Sales Operations | Leadership |
Matthew McGarry | Vice President Of Sales & Service | Leadership |
Parag Shah | VP Of Data | Leadership |
Kaitlyn Martins | Senior Internal Communications Partner | Leadership |
Tea H. | Senior Director, Learning, Communications, Community | Leadership |
Sumita Palanisamy | Director Of Engineering | Leadership |
453 more people are available in the full profile.
Complete people profiles for CarGurus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
- IPO date12 Oct 2017
- Listed onNASDAQ: CARG
- Listed entityCarGurus, Inc.
- Exchange sectorTechnology services
- ISINUS1417881091
- Share price$29.32 (+3.28% on the day) · 2026-10-13
- Market capitalisation$2.61B
- Price to earnings15.9
- EPS (diluted, trailing year)$1.84
- Volume (last session)1,687,670
Financials of CarGurus
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $907.0M | $155.9M | $294.9M |
| 2024 | $798.0M | $21.0M | $208.2M |
| 2023 | $914.2M | $31.1M | $92.9M |
| 2022 | $1.66B | $193.8M | $164.9M |
| 2021 | $951.4M | -$154,000 | $200.3M |
Detailed financial statements for CarGurus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by CarGurus
CarGurus has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Autolist, CarOffer and PistonHeads.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online B2B marketplace for used cars | caroffer.com | Plano, United States | 2019 | Dec 2020 | $275M | |
Automobile listings are aggregated and searched from multiple sources. | autolist.com | San Francisco, United States | 2011 | Jan 2020 | •••• | |
Automotive news, classifieds, and forums are hosted online. | pistonheads.com | Teddington, United Kingdom | 1998 | Dec 2018 | •••• |
Complete acquisition details for CarGurus
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of CarGurus
6 dated milestones of CarGurus across 14 years, from founding to its latest funding, stage changes and deals.
- Founded CarGurus is founded.
- Funding First funding round of $1.8M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires PistonHeads.
- Acquisition Acquires Autolist.
- Acquisition Acquires CarOffer.
Competitors of CarGurus
CarGurus has 3 listed competitors in our database, 2 of them funded. They include Carvana, Vroom and Copart.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carvana.com | 2012 | Phoenix, United States | $460M | 37,296 | Pre-owned vehicles are sold online with financing and valuation services. | |
| vroom.com | 2013 | New York, United States | $707.61M | 1,613 | Used cars are purchased and resold online through Vroom's platform. | |
| copart.com | 1982 | Dallas, United States | 10,200 | Used and salvaged vehicles are offered via an online marketplace. |
Detailed competitors of CarGurus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of CarGurus
The website of CarGurus (cargurus.com) receives about 50M visits a month and ranks #777 among all websites worldwide, #10 in Vehicles.
- Monthly visits50M
▲ 8.5% vs previous month
- Unique visitors13.3M
per month
- Global rank#777
among all websites
- Category rank#10
Vehicles · Vehicles
- Bounce rate39%
- Pages per visit5.5
- Average visit5 min 16 sec
- DevicesDesktop 27% · Mobile 73%
Websites whose visitors overlap most with CarGurus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cars.com | 100% | 29.6M | #1,446 | View details | |
| carmax.com | 95% | 18.5M | #2,395 | View details | |
| edmunds.com | 92% | 17.9M | #2,701 | View details | |
| carfax.com | 90% | 54.2M | #763 | View details | |
| autotrader.com | 86% | 29.5M | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for CarGurus
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about 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. The company's 1st funding round was a Series A of $1.75M, raised on Aug 2017.
CarGurus has 1,280 employees.
Annual revenue of CarGurus is $906.98M as on Dec 31, 2025.
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.
Yes. CarGurus publishes CarGurus: Used & New Cars and 1 more app, with over 5 million downloads.
The website of CarGurus receives about 50 million visits a month and ranks #777 among all websites worldwide.