About Texas Direct Auto
Texas Direct Auto is a company based in Texas City (United States) founded in 2002 was acquired by Vroom in December 2015.. Texas Direct Auto operates in a competitive market with competitors including ACV Auctions, Copart, Droom, CarLotz and Openlane, among others.
- Headquarter Texas City, 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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- Legal Name Texas Direct Auto
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Funding Insights of Texas Direct Auto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Texas Direct Auto
Texas Direct Auto has secured backing from 1 investor. Prominent investors backing the company include Vroom. 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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Used cars are purchased and resold online through Vroom's platform.
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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 Texas Direct Auto
| 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 - Texas Direct Auto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Texas Direct Auto Comparisons
Competitors of Texas Direct Auto
Texas Direct Auto 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 ACV Auctions, Copart, Droom, CarLotz and Openlane, 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 |
B2B online auctions for car dealers' inventory are facilitated.
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| domain | founded_year | HQ Location |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Used vehicles are bought and sold through an AI platform.
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| domain | founded_year | HQ Location |
Used cars are traded via an online consignment platform.
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| domain | founded_year | HQ Location |
Wholesale used vehicles are auctioned online for dealers.
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| domain | founded_year | HQ Location |
Online platform for automotive dealers to acquire used cars
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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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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Texas Direct Auto
When was Texas Direct Auto founded?
Texas Direct Auto was founded in 2002.
Where is Texas Direct Auto located?
Texas Direct Auto is headquartered in Texas City, United States. It is registered at Texas City, Texas, United States.
What does Texas Direct Auto do?
Texas Direct Auto was founded in 2002 in Texas City, United States, as an online dealer in the automotive sector. Vehicles are inspected and purchased, with inventory maintained and refurbished before being offered for sale through online portals, including eBay Motors. The company was acquired by Vroom on December 16, 2015, expanding its operations in used car retail.
Who are the top competitors of Texas Direct Auto?
Texas Direct Auto's top competitors include CarLotz, ACV Auctions and Droom.
Who are Texas Direct Auto's investors?
Texas Direct Auto has 1 investor. Key investors include Vroom.
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