Edmunds.com

Santa Monica, United States Founded: 1966 • Age: 60 yrs Acquired By CarMax
Multi-category used vehicles are listed and compared online for consumers.
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About Edmunds.com

Edmunds.com is a company based in Santa Monica (United States) founded in 1966 by Ludwig Arons was acquired by CarMax in April 2021.. Edmunds.com has raised $50 million across 1 funding round from investors including CarMax. Edmunds.com operates in a competitive market with competitors including CarLotz, Copart, Droom, Rollick and America's Car Mart, among others.

  • Headquarter Santa Monica, United States
  • Founders Ludwig Arons
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $50 M (USD)

    in 1 rounds

  • Latest Funding Round
    $50 M (USD), Private Equity Round

    Jan 29, 2020

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    CarMax

    (Apr 01, 2021)

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People of Edmunds.com
Headcount 500-1000
Employee Profiles 265
Employee Profiles
People
Will Kaufman
Video Content Manager
People
Bonnie Han
Software Engineer
People
Eugene Park
Chief Product Officer
People
Brian An
Sales Strategy Analyst

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Funding Insights of Edmunds.com

Edmunds.com has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $50 million completed in January 2020. 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
  • Total Rounds 1
  • Last Round Private Equity Round — $50.0M
  • First Round

    (29 Jan 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Private Equity Round - Edmunds.com Valuation CarMax
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Edmunds.com

Edmunds.com has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CarMax. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Retailer of used cars
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Edmunds.com

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Edmunds.com

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Edmunds.Com Comparisons

Employees
+
Add Comparison
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Competitors of Edmunds.com

Edmunds.com 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 CarLotz, Copart, Droom, Rollick and America's Car Mart, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Used cars are traded via an online consignment platform.
domain founded_year HQ Location
Used and salvaged vehicles are offered via an online marketplace.
domain founded_year HQ Location
Used vehicles are bought and sold through an AI platform.
domain founded_year HQ Location
Omnichannel marketing automation is provided to automotive OEMs and dealers.
domain founded_year HQ Location
Retail chain of pre-owned car dealerhsips
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Edmunds.Com

Frequently Asked Questions about Edmunds.com

When was Edmunds.com founded?

Edmunds.com was founded in 1966 and raised its 1st funding round 54 years after it was founded.

Where is Edmunds.com located?

Edmunds.com is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.

Is Edmunds.com a funded company?

Edmunds.com is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $50M, raised on Jan 29, 2020.

What does Edmunds.com do?

Founded in 1966 and based in Santa Monica, United States, Edmunds.com operates in the automotive sector as an online platform for vehicle reviews and listings. Dealer inventories are displayed, alongside reviews, shopping tips, photos, videos, and feature stories. New and used cars, SUVs, sedans, luxury vehicles, hybrids, and electric options are discovered and compared by users through the platform, which connects to dealer networks.

Who are the top competitors of Edmunds.com?

Edmunds.com's top competitors include CarLotz, Droom and Copart.

Who are Edmunds.com's investors?

Edmunds.com has 1 investor. Key investors include CarMax.

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