About Carvana
Carvana is a publicly listed company based in Phoenix (United States) founded in 2012. Pre-owned vehicles are sold online with financing and valuation services. Carvana has raised $460 million across 6 funding rounds from investors including Ally and Vanguard. The company has 17,400 employees. Carvana has completed 3 acquisitions, including ADESA, Car360 and Carlypso. Its website carvana.com draws about 28 million monthly visits. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include CarGurus, CarLotz and Vroom; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Phoenix, United States
- Employees 17,400
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles
- Email••••••••
- Phone•••• ••••
- Website carvana.com
- Social LinkedIn X
- Legal Name Carvana Co.
Apps and channels of Carvana
Carvana publishes 1 mobile app with over 1M+ downloads.
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.
- Total Funding $460M
- Total Rounds 6
- First Round $300M
(Oct 2015)
- Investors Count 2
All 6 funding rounds of Carvana with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Carvana
Carvana has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ally and Vanguard.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified investment management services are offered to investors worldwide. | 1975 | vanguard.com | Valley Forge, United States | |
Banking, auto finance, investment, and insurance services are provided. | 1919 | ally.com | Detroit, United States |
Investor details for Carvana
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People of Carvana
305 people are tracked at Carvana (67 in leadership, 5 in board & advisors, 233 in team); the tracked headcount is 17,400.
| Name | Role | Group |
|---|---|---|
Daniel Gill | Chief Product Officer | Leadership |
Ryan Keeton | Chief Brand Officer | Leadership |
Ernie Garcia | President, Chief Executive Officer and Chairman | Leadership |
Benjamin Huston | Chief Operating Officer | Leadership |
Paul Breaux | Vice President, General Counsel and Secretary | Leadership |
Amanda Pompe | Regional Director | Leadership |
Tom Taira | President, Special Projects | Leadership |
Damon Cleckler | Senior Director Product | Leadership |
Mark Jenkins | Chief Financial Officer | Leadership |
Robert Carlson | Associate General Manager | Leadership |
Randy Adams Jr. | General Manager - Reconditioning | Leadership |
David Gallagher | Associate Director Of Accounting | Leadership |
Jacqueline Hearns | Senior Director, Market Operations | Leadership |
Jonathon N. | Associate Director, Fulfillment Planning | Leadership |
Marc Tsukahira | Director, Product Design | Leadership |
Ozan Makinaci | Director, Special Projects | Leadership |
Linda Lambson | Tax Director | Leadership |
Casey Garber | Head Of Government Affairs, Midwest Region | Leadership |
Meg Kehan | Senior Director, Capital Markets & Investor Relations | Leadership |
Alan Kibler | Associate Director, Strategy & Analytics, Finance | Leadership |
285 more people are available in the full profile.
Complete people profiles for Carvana
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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.
- IPO date11 Feb 2021
- Listed onLSE: 0A79
- Listed entityCarvana Co.
- Exchange sectorRetail trade
- ISINUS1468691027
- Share price$60.39 (+1.48% on the day) · 2026-10-13
- Market capitalisation$66.46B
- Price to earnings28.0
- EPS (diluted, trailing year)$2.16
- Volume (last session)9,319,509
Financials of Carvana
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $20.32B | $1.41B | $2.16B |
| 2024 | $13.67B | $210.0M | $1.31B |
| 2023 | $10.77B | $450.0M | $287.0M |
| 2022 | $13.60B | -$1.59B | -$1.23B |
| 2021 | $12.81B | -$135.0M | $1.0M |
Detailed financial statements for Carvana
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Vehicle auctions and remarketing services are provided for automotive clients. | adesa.com | Indianapolis, United States | 1991 | Feb 2022 | $2.2B | |
Augmented reality vehicle imagery solutions for automotive dealerships. | car360.com | Atlanta, United States | 2015 | Apr 2018 | $22M | |
Used cars are sold online via a fee-based dealership model. | carlypso.com | San Carlos, United States | 2013 | Aug 2017 | •••• |
Complete acquisition details for Carvana
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Timeline of Carvana
7 dated milestones of Carvana across 12 years, from founding to its latest funding, stage changes and deals.
Competitors of Carvana
Carvana has 3 listed competitors in our database, 3 of them funded. They include CarGurus, CarLotz and Vroom.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cargurus.com | 2006 | Cambridge, United States | $1.75M | 843 | Automotive vehicle listings are managed via an app-based platform. | |
| carlotz.com | 2011 | Charlotte, United States | $37.03M | 403 | Used cars are traded via an online consignment platform. | |
| vroom.com | 2013 | New York, United States | $707.61M | 1,613 | Used cars are purchased and resold online through Vroom's platform. |
Detailed competitors of Carvana
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Web traffic of Carvana
The website of Carvana (carvana.com) receives about 28M visits a month and ranks #1,393 among all websites worldwide, #15 in Vehicles.
- Monthly visits28M
▲ 5.8% vs previous month
- Unique visitors11.7M
per month
- Global rank#1,393
among all websites
- Category rank#15
Vehicles · Vehicles
- Bounce rate38%
- Pages per visit6.1
- Average visit5 min 25 sec
- DevicesDesktop 25% · Mobile 75%
Websites whose visitors overlap most with Carvana. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| carmax.com | 100% | 18.5M | #2,395 | View details | |
| cars.com | 97% | 29.6M | #1,446 | View details | |
| cargurus.com | 96% | 50M | #777 | View details | |
| truecar.com | 95% | 7.7M | #6,893 | View details | |
| carfax.com | 94% | 54.2M | #763 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Carvana
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Related news about Carvana
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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. The company's 1st funding round was a Series A of $300M, raised on Oct 2015.
Carvana has 17,400 employees.
Annual revenue of Carvana is $20.32B as on Dec 31, 2025.
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.
Yes, Carvana is publicly traded on NYSE under the ticker symbol CVNA.
Yes. Carvana publishes Carvana: Buy/Sell Used Cars, with over 1 million downloads.
The website of Carvana receives about 28 million visits a month and ranks #1,393 among all websites worldwide.