Vroom Obtains $95,000,000 Series C Financing Round

  • Feed Type
  • Date
    12/16/2015
  • Company Name
    Vroom
  • Mailing Address
    2615 W. Interstate 20 Grand Prairie, TX 75052 USA
  • Company Description
    Vroom empowers you to buy a quality pre-owned car online and get it delivered right to your doorsteps with a 7 day in-home test drive.
  • Website
    http://www.vroom.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $95,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The new funding will support the acquisition of Texas Direct auto while allowing Vroom to accelerate growth and expedite delivery, with the goal of shipping cars to customers all over the country within just 48 hours of purchase. The company is opening a new 500,000 square foot facility near Indianapolis in early 2016.
  • M&A Terms
  • Venture Investor
    Undisclosed