About Verastar
Verastar is a Transportation, Automotive & Logistics company based in Winder (United States) founded in 2001, and was acquired by Insurance Auto Auctions in February 2008. Operations in the automotive industry are managed by Verastar. Its focus areas include Auto, Auto Retail & Aftersales, Dealership and Diversified. Its competitors include Copart, Cars.com and CarGurus; 1 of its 3 listed competitors has raised funding.
Company details
Verastar was established in 2001 and is headquartered in Winder, United States. Activities within the automotive sector are conducted by the company, encompassing various operational and service elements. Focus is directed toward industry management and related functionalities. The entitys domain, verastar.com, supports its digital operations. Geographic emphasis remains on the United States, where core automotive processes are maintained.
- Headquarters Winder, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website verastar.com
- Acquired by Insurance Auto Auctions (Feb 2008)
- Investors
- Acquired byInsurance Auto Auctions
(Feb 2008)
Investors in Verastar
Verastar has secured backing from 1 investor. Prominent investors backing the company include Insurance Auto Auctions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Used cars are auctioned via an app-based B2C marketplace. | 1982 | iaai.com | Westchester, United States |
Investor details for Verastar
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- Complete investor list
- Round participation
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Timeline of Verastar
2 dated milestones of Verastar across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Verastar is founded.
- Exit Acquired by Insurance Auto Auctions.
Competitors of Verastar
Verastar has 3 listed competitors in our database, 1 of them funded. They include Copart, Cars.com and CarGurus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| copart.com | 1982 | Dallas, United States | 10,200 | Used and salvaged vehicles are offered via an online marketplace. | ||
| cars.com | 1998 | Chicago, United States | 1,784 | Used cars are listed and analyzed on an online platform. | ||
| cargurus.com | 2006 | Cambridge, United States | $1.75M | 843 | Automotive vehicle listings are managed via an app-based platform. |
Detailed competitors of Verastar
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Verastar
Verastar was founded in 2001.
Verastar is headquartered in Winder, United States. It is registered at Winder, Georgia, United States.
Verastar was established in 2001 and is headquartered in Winder, United States. Activities within the automotive sector are conducted by the company, encompassing various operational and service elements. Focus is directed toward industry management and related functionalities. The entitys domain, verastar.com, supports its digital operations. Geographic emphasis remains on the United States, where core automotive processes are maintained.
Verastar has 1 investor. Key investors include Insurance Auto Auctions.
Yes. Verastar was acquired by Insurance Auto Auctions in February 2008.