About RumbleOn
RumbleOn is a company based in Charlotte (United States) founded in 2016. The company has 1,960 employees as of December 31, 2024. RumbleOn has completed 6 acquisitions, including Autosport USA, Freedom Powersports and LLC Wholesale Supply. RumbleOn operates in a competitive market with competitors including CarLotz, Droom, Copart, Rollick and Edmunds.com, among others.
- Headquarter Charlotte, United States
- Employees 1960 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ridenow Group, Inc.
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Annual Revenue
$1.21 B (USD)-11.5as on Dec 31, 2024
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Net Profit
-$78.6 M (USD)63.53as on Dec 31, 2024
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EBITDA
$38.9 M (USD)208.73as on Dec 31, 2024
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Latest Funding Round
$1.25 M (USD), Post-IPO
Jan 14, 2020
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Investors
Ally
& 2 more
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Employee Count
1960
as on Dec 31, 2024
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Investments & Acquisitions
Autosport USA
& 5 more
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IPO & Listings of RumbleOn
RumbleOn is a publicly listed company on the NASDAQ with ticker symbol RDNW 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.
People of RumbleOn
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Funding Insights of RumbleOn
Investors in RumbleOn
RumbleOn has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ally, Hercules Capital and Geode Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture debt financing is provided to companies in multiple sectors.
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Diversified asset and investment management services are provided.
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Banking, auto finance, investment, and insurance services are provided.
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Investor details for RumbleOn
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Investments & Acquisitions by RumbleOn
RumbleOn has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Autosport USA, Freedom Powersports and LLC Wholesale Supply.
Investment portfolio details for RumbleOn
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of pre-owned car dealership services
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Locked | Locked | 2017 | Locked | |
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Used powersports vehicles are retailed by Freedom Powersports.
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Locked | Locked | 2012 | Locked | |
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Powersports software solutions are provided to automotive dealerships.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for RumbleOn
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Financial Statements - RumbleOn
Detailed financials for RumbleOn
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Rumbleon Comparisons
Peer comparison for RumbleOn
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Competitors of RumbleOn
RumbleOn 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, Droom, Copart, Rollick and Edmunds.com, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Used cars are traded via an online consignment platform.
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Used vehicles are bought and sold through an AI platform.
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Used and salvaged vehicles are offered via an online marketplace.
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Omnichannel marketing automation is provided to automotive OEMs and dealers.
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Multi-category used vehicles are listed and compared online for consumers.
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Detailed competitors of RumbleOn
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Latest news on Rumbleon
Complete news archive for RumbleOn
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Frequently Asked Questions about RumbleOn
RumbleOn was founded in 2016 and raised its 1st funding round 1 year after it was founded.
RumbleOn is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
As of Dec 31, 2024, the latest employee count at RumbleOn is 1,960.
Annual revenue of RumbleOn is $1.21B as on Dec 31, 2024.
Founded in 2016 and headquartered in Charlotte, United States, RumbleOn functions within the online automotive sector focused on motorcycles. Pre-owned vehicles are facilitated for purchase, sale, trade, and financing by consumers and dealerships through the platform. Direct acquisitions from consumers are handled via instant cash offers, supporting a streamlined secondary market for these assets.
Yes, RumbleOn is publicly traded on NASDAQ under the ticker symbol RDNW.
RumbleOn has made 6 acquisitions, including Autosport USA, Freedom Powersports, and LLC Wholesale Supply.
RumbleOn has 3 investors. Key investors include Ally, Hercules Capital, and Geode Capital.
The ticker symbol of RumbleOn is RDNW on NASDAQ.