About Herb Chambers
Herb Chambers is a company based in New London (United States) founded in 1985 was acquired by Asbury Automotive Group in February 2025.. Herb Chambers offers products and services including New Vehicle Sales, Used Vehicle Sales, Service Centers, and Parts Sales. Herb Chambers operates in a competitive market with competitors including Carvana, Porsche, Copart, Vroom and Cars.com, among others.
- Headquarter New London, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Asbury Automotive Group
(Feb 18, 2025)
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Products & Services of Herb Chambers
Herb Chambers offers a comprehensive portfolio of products and services, including New Vehicle Sales, Used Vehicle Sales, Service Centers, and Parts Sales. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sales of new cars from various brands to consumers
Sales of pre-owned vehicles through dealerships
Vehicle repair and parts services for customers
Provision of genuine parts for vehicle maintenance
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Funding Insights of Herb Chambers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Herb Chambers
Herb Chambers has secured backing from 1 investor. Prominent investors backing the company include Asbury Automotive Group. 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.
| Investor | Description | Founded Year | Domain | Location |
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Car dealer and collision centres
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Herb Chambers
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Herb Chambers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Herb Chambers Comparisons
Competitors of Herb Chambers
Herb Chambers 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, Porsche, Copart, Vroom and Cars.com, 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 |
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| domain | founded_year | HQ Location |
Pre-owned vehicles are sold online with financing and valuation services.
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| domain | founded_year | HQ Location |
Luxury sports cars are designed, manufactured, and distributed internationally.
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Used and salvaged vehicles are offered via an online marketplace.
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Used cars are purchased and resold online through Vroom's platform.
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| domain | founded_year | HQ Location |
Used cars are listed and analyzed on an online platform.
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| domain | founded_year | HQ Location |
Used vehicles are bought and sold through an AI platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Herb Chambers
Frequently Asked Questions about Herb Chambers
When was Herb Chambers founded?
Herb Chambers was founded in 1985.
Where is Herb Chambers located?
Herb Chambers is headquartered in New London, United States. It is registered at New London, Connecticut, United States.
What does Herb Chambers do?
Herb Chambers was established in 1985 in New London, United States, within the automotive retail sector. Vehicle sales, maintenance, and related services are provided through a network of dealerships. Operations focus on various automobile brands, with facilities distributed throughout the region to support local markets. The company maintains a domain at herbchambers.com for online presence and customer engagement.
Who are the top competitors of Herb Chambers?
What products or services does Herb Chambers offer?
Herb Chambers offers New Vehicle Sales, Used Vehicle Sales, Service Centers, and Parts Sales.
Who are Herb Chambers's investors?
Herb Chambers has 1 investor. Key investors include Asbury Automotive Group.