Carvana

Phoenix, United States Founded: 2012 • Age: 14 yrs
Pre-owned vehicles are sold online with financing and valuation services.
Annual revenue $13.7B Latest available
Total funding $460.0M 6 rounds
Employees 17400 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Carvana

Carvana is a company based in Phoenix (United States) founded in 2012. Carvana has raised $460 million across 6 funding rounds from investors including Ally and Vanguard. The company has 17,400 employees as of December 31, 2024. Carvana has completed 3 acquisitions, including ADESA, Car360 and Carlypso. Carvana operates in a competitive market with competitors including CarGurus, CarLotz, Vroom, Copart and Cars.com, among others.

  • Headquarter Phoenix, United States
  • Employees 17400 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Carvana Co.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.67 B (USD)
    26.94
    as on Dec 31, 2024
  • Net Profit
    $210 M (USD)
    -53.33
    as on Dec 31, 2024
  • EBITDA
    $1.31 B (USD)
    355.4
    as on Dec 31, 2024
  • Total Equity Funding
    $460 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
    Ally

    & 1 more

  • Employee Count
    17400

    as on Dec 31, 2024

  • Investments & Acquisitions
    ADESA

    & 2 more

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IPO & Listings of Carvana

Carvana is a publicly listed company on the NYSE with ticker symbol CVNA in USA, operating in the Retail trade 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.

Exchange: NYSE · Ticker: CVNA · Sector: Retail trade · USA

People of Carvana

Headcount 10000+
Employee Profiles 301
Board Members and Advisors 5
Employee Profiles
People
James Miller
Market Operations - Team Lead
People
Daniel Gill
Chief Product Officer
People
Ryan Keeton
Chief Brand Officer
People
Ernie Garcia
President, Chief Executive Officer and Chairman

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Board Members and Advisors
people
Ira Platt
Director
people
Michael Maroone
Director
people
Neha Parikh
Director
people
Greg Sullivan
Director

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Funding Insights of Carvana

Carvana has successfully raised a total of $460M across 6 strategic funding rounds. 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.

Investors in Carvana

Carvana has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ally and Vanguard.

All
Institutional
Investor Description Founded Year Domain Location
Diversified investment management services are offered to investors worldwide.
Locked Locked Locked
Banking, auto finance, investment, and insurance services are provided.
Locked Locked Locked
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Investor details for Carvana

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Carvana

Carvana has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ADESA, Car360 and Carlypso.

Investments
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Investment portfolio details for Carvana

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Augmented reality vehicle imagery solutions for automotive dealerships.
Locked Locked 2015 Locked
Used cars are sold online via a fee-based dealership model.
Locked Locked 2013 Locked
Vehicle auctions and remarketing services are provided for automotive clients.
Locked Locked 1991 Locked
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Complete acquisition details for Carvana

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  • Transaction dates
  • Acquired stakes
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  • Domains and locations

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Financial Statements - Carvana

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Detailed financials for Carvana

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Carvana Comparisons

Carvana Primary company
Description
Pre-owned vehicles are sold online with financing and valuat...
Location
Phoenix, United States
Founded Year
2012
Annual Revenue
$13.67 B (USD)
Net Profit
$210 M (USD)
EBITDA
$1.31 B (USD)
Employees
17,400
As of 2024
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Peer comparison for Carvana

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Competitors of Carvana

Carvana 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 CarGurus, CarLotz, Vroom, Copart and Cars.com, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Automotive vehicle listings are managed via an app-based platform.
Locked Locked Locked
Used cars are traded via an online consignment platform.
Locked Locked Locked
Used cars are purchased and resold online through Vroom's platform.
Locked Locked Locked
Used and salvaged vehicles are offered via an online marketplace.
Locked Locked Locked
Used cars are listed and analyzed on an online platform.
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Detailed competitors of Carvana

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Carvana

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Complete news archive for Carvana

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Carvana

Carvana was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Carvana is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.

Carvana is a funded company, having raised a total of $460M across 6 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Carvana is 17,400.

Annual revenue of Carvana is $13.67B as on Dec 31, 2024.

Founded in 2012 and headquartered in Phoenix, United States, Carvana operates in the automotive retail sector as an online platform for pre-owned cars. Vehicles are browsed by users according to models, brands, body styles, and locations. Personalized financing is provided, along with tools for loan calculations and estimated vehicle values. The service facilitates direct purchases without physical dealership visits.

Carvana's top competitors include CarLotz, Vroom and CarGurus.

Yes, Carvana is publicly traded on NYSE under the ticker symbol CVNA.

Carvana has made 3 acquisitions, including ADESA, Car360, and Carlypso.

Carvana has 2 investors. Key investors include Ally, and Vanguard.

The ticker symbol of Carvana is CVNA on NYSE.

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