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$589m

Post IPO Equity
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2018201920202021202220232024
Revenues0000000000000000000000000000
% growth-39 %14 %135 %(39 %)(54 %)(99 %)
EBITDA0000000000000000000000000000
% EBITDA margin(8 %)(10 %)(12 %)(11 %)(18 %)(30 %)(279 %)
Profit0000000000000000000000000000
% profit margin(10 %)(12 %)(15 %)(12 %)(23 %)(41 %)(1422 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

More about Vroom
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Vroom.com is an online platform that revolutionizes the traditional car buying and selling process. It operates in the automotive retail market, serving clients who are looking to buy, sell, or trade in cars. The company's business model is centered around eliminating the middleman, thus making the car buying process more efficient and cost-effective for the customer.

Vroom.com offers a wide range of low-mileage cars and trucks for purchase. Customers can shop and buy their desired vehicle entirely online and have it delivered right to their doorstep. This eliminates the need for haggling and the pressure often associated with traditional car dealerships.

For those looking to sell their car, Vroom.com provides an instant appraisal within two minutes, offering competitive prices with no obligation. If the seller decides to proceed, the company offers free pickup of the vehicle.

Vroom.com also ensures the quality of the vehicles it sells. Each car undergoes an extensive inspection and reconditioning process to meet the company's specific mechanical, electrical, and cosmetic standards. Additionally, every car comes with a free vehicle history report and a limited warranty for added peace of mind.

The company also offers financing options through strategic relationships with partners like Chase, Santander, and Ally. This allows customers to secure the best financing rates for their purchase.

Lastly, Vroom.com offers a unique '7 Days to Decide' policy. This allows customers to spend a week (or 250 miles, whichever comes first) getting to know their vehicle. If they are not satisfied, the company will take it back.

Keywords: Online car dealership, Vehicle trade-in, Home delivery, Instant appraisal, No haggling, Vehicle inspection, Free vehicle history report, Competitive financing, 7-day return policy, Limited warranty.

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Investments by Vroom

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Texas Direct Auto
ACQUISITION by Vroom Dec 2015
United Auto Credit Corporation
ACQUISITION by Vroom Oct 2021
Carstory
ACQUISITION by Vroom Dec 2020