What does a private, car-focused e-commerce company worth $1.5 billion look like?
Donny Hall, the chief executive and co-founder of the used car certification service SureSale, knows used cars. The serial entrepreneur built and sold a previous business, CarSure, which was an insura
There have been a lot of bumps in the road for startups building used-car marketplaces, but now one of the longer-standing of them has closed a major round of funding — a clear sign of the milea
The future of car ownership: Cars-as-a-service It’s Mobility Day at TechCrunch, and we’re hosting our Sessions event today in beautiful San Jose. That’s why we have a couple of related pieces on
Editor’s Note: New feedback buttons You might have noticed at the top and bottom of this newsletter that we have added new feedback buttons. These are a quick way to express your happiness (or unhap
Buying a car is painful. Dealerships are the worst, and the options are endless. The rise of the Internet produced powerful tools for shoppers, but in the end, most buyers still have to trudge down to
Online used car startup Shift Technologies has tacked on another $40 million in equity funding, hired a new COO with Amazon and Enjoy roots and scaled up its engineering staff — all in the past seve
Vroom, an online platform for buying and selling cars, has raised $440 million to date.
We’ve seen a large wave of used-car sales startups launch across developed markets like the U.S. and Europe, disrupting a marketplace that has largely been untouched for years. Now a startup foc
Carvana is already an innovative way to shop for a car, and it could get better thanks to Car360. The two companies share an interest in improving the car-buying experience through enhanced imagery.
InstaCarro, a Brazilian-based marketplace for buying and selling used cars, has raised a whopping $22 million in its first institutional round of venture financing. One of the largest early-stage inve
Blue Apron and Snap had disappointing debuts this year, but others have fared much better. Of the tech companies that have gone public this year, most are trading above their IPO price. But there have
Elon Musk shows off a video about his tunnel boring company, The Boring Company, a self-driving Apple test vehicle is spotted in the wild and Cloudera and Carvana each price their IPO at $15; one does
Carvana, the site for buying and selling cars, had a rough first day in the public markets. After pricing its IPO at $15 per share, it ended the day down 26 percent, at $11.10. Bankers typically recom
Another day another IPO(s). Due to the recent success of public offerings from companies like Yext, Okta and Snap it seems the time is now for startups to go public. And tomorrow we have two IPOs
The used car industry is an interesting business. The market is huge – 45 million used cars are bought each year in the U.S. But the biggest player, CarMax, only controls about 2% of the market
Used car sales are heating up online, with huge amounts of cash pouring into an industry that has yet to be disrupted by technology. A company called Carvana is in the process of raising a huge round