Category Archives: autonation

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

Vroom has raised $146 million in Series G funding, an expansion to a $30 million investment we reported in early September. U.S. automotive retailer AutoNation led the round for the startup, with participation from existing investors T. Rowe Price, L Catterton, General Catalyst and Fraser McCombs Capital. 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. Led by chief executive officer Paul Hennessy, the former CEO of […]

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