Vroom drives away with US $146M

Vroom drives away with US $146M

New York-based Vroom, operator of an online auto retail platform, has raised $146 million in a Series G round led by publicly traded AutoNation. The round brings the five-year-old company’s total raised to date to $440 million.

The company declined to disclose the valuation, but says it was an up round. Vroom was valued at $440 million in 2016 with a $50 million financing, according to PitchBook.

Founded out of New York in 2013, Vroom serves as a platform for buying, selling, and trading in second-hand vehicles. The company also offers financing services.

Vroom drives away with US $146M <



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