Carvana

Popping the hood on Vroom’s IPO filing

What does a private, car-focused e-commerce company worth $1.5 billion look like?

Los Angeles-based SureSale is developing an independent certification service for used cars

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

Used-car marketplace Vroom nabs $254M to take its growth up a gear

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

Cars-as-a-service, Alibaba and ridehailing, mental health, and the future of financial services

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

Do VC associates matter, women’s fertility, online auto marketplaces, and Salesforce + Tableau

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

The future of car ownership: Building an online dealership

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 adds another $40M, snags COO in road to IPO

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 nabs $146M from AutoNation, VCs for its used car site

Vroom, an online platform for buying and selling cars, has raised $440 million to date.

Frontier Car Group raises another $58M for its used-car marketplace for emerging economies

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 acquires Car360 for $22M to improve its car-buying platform

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 raises $22 million to tackle Brazil’s $50 billion used-car market

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

Most of 2017’s tech IPOs are performing well

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

Crunch Report | Elon Musk’s Tunnel Vision Gets Rendered

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

Auto site Carvana tumbles 26% in stock market debut

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

Cloudera and Carvana, tech’s next two IPOs, both price at $15 per share

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

Carvana raises a $160M Series C to expand its online dealership and car vending machines nationwide

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

Online Auto Sales Startup Carvana Is Raising $300 Million To Expand Nationwide

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