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 <