Vroom

New York, United States Founded: 2013 • Age: 13 yrs
Used cars are purchased and resold online through Vrooms platform.
Annual revenue - Latest available
Total funding $707.6M 14 rounds
Employees 710 Tracked headcount
Investors 15 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Vroom

Vroom is a company based in New York (United States) founded in 2013 by Marshall Chesrown. Vroom has raised $707.61 million across 14 funding rounds from investors including Ally, T. Rowe Price and AutoNation. The company has 710 employees as of December 31, 2024. Vroom has completed 4 acquisitions, including CarStory, Texas Direct Auto and United Auto Credit. Vroom operates in a competitive market with competitors including Carvana, CarGurus, CarLotz, Droom and Copart, among others.

  • Headquarter New York, United States
  • Employees 710 as on 31 Dec, 2024
  • Founders Marshall Chesrown
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Vroom, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$165.12 M (USD)
    54.71
    as on Dec 31, 2024
  • EBITDA
    -$98.06 M (USD)
    -17.29
    as on Dec 31, 2024
  • Total Equity Funding
    $707.61 M (USD)

    in 14 rounds

  • Latest Funding Round
    $5 M (USD), Debt – Conventional

    Nov 25, 2025

  • Investors
    Ally

    & 14 more

  • Employee Count
    710

    as on Dec 31, 2024

  • Investments & Acquisitions
    CarStory

    & 3 more

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IPO & Listings of Vroom

Vroom is a publicly listed company on the NASDAQ with ticker symbol VRM 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.

Exchange: NASDAQ · Ticker: VRM · Sector: Retail trade · USA

Funding Insights of Vroom

Vroom has successfully raised a total of $707.61M across 14 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5 million completed in November 2025. 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.

Investors in Vroom

Vroom has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Ally, T. Rowe Price and AutoNation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
L Catterton is recognized as a leading consumer-focused private equity group.
Locked Locked Locked
Investment and transformation services for entrepreneurs in technology and finance sectors.
Locked Locked Locked
Tech focused growth stage VC firm investing in the US
Locked Locked Locked
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Investor details for Vroom

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Vroom

Vroom has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CarStory, Texas Direct Auto and United Auto Credit.

Investments
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Investment portfolio details for Vroom

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Acquisitions
Company Name Description Domain Location Founded Year Amount
AI-based decision-making tools for purchasing car and real estate properties
Locked Locked 2005 Locked
Used cars are inspected, refurbished, and sold online.
Locked Locked 2002 Locked
Non-prime auto financing solutions are provided to credit-impaired individuals.
Locked Locked 1996 Locked
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Complete acquisition details for Vroom

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Financial Statements - Vroom

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Detailed financials for Vroom

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Vroom Comparisons

Vroom Primary company
Description
Used cars are purchased and resold online through Vroom's pl...
Location
New York, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
-$165.12 M (USD)
EBITDA
-$98.06 M (USD)
Employees
710
As of 2024
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Peer comparison for Vroom

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Competitors of Vroom

Vroom 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, CarGurus, CarLotz, Droom and Copart, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Pre-owned vehicles are sold online with financing and valuation services.
Locked Locked Locked
Automotive vehicle listings are managed via an app-based platform.
Locked Locked Locked
Used cars are traded via an online consignment platform.
Locked Locked Locked
Used vehicles are bought and sold through an AI platform.
Locked Locked Locked
Used and salvaged vehicles are offered via an online marketplace.
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Detailed competitors of Vroom

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
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Latest news on Vroom

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Complete news archive for Vroom

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Frequently Asked Questions about Vroom

Vroom was founded in 2013.

Vroom is headquartered in New York, United States. It is registered at New York, New York, United States.

Thomas Shortt is the current CEO of Vroom.

Vroom is a funded company, having raised a total of $707.61M across 14 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Vroom is 710.

Vroom was founded in 2013 in New York, United States, as an online dealer in the used car sector. Vehicles are acquired by the company and then resold to buyers via its digital platform. Specifications, features, photos, and prices of cars are displayed for potential purchasers, who can place orders directly online. Additional services such as purchase warranties and returns are offered to support transactions.

Vroom's top competitors include Carvana, CarLotz and CarGurus.

Yes, Vroom is publicly traded on NASDAQ under the ticker symbol VRM.

Vroom has made 4 acquisitions, including CarStory, Texas Direct Auto, and United Auto Credit.

Vroom has 15 investors. Key investors include Ally, T. Rowe Price, AutoNation, Allen & Company, and L Catterton.

The ticker symbol of Vroom is VRM on NASDAQ.

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