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CarGurus

company

About

CarGurus is an online automotive destination that assists users in contacting sellers and comparing local listings for new and used cars.

Highlights

Stock Symbol
nasdaq:CARG
Total Funding Amount
$151.75M
Funding Rounds
3
Acquisition
3
Employee Profiles
19

Details

Last Funding Type
Post-IPO Secondary
Industries
Automotive,Classifieds,Price Comparison,Shopping
Founded date
Jan 1, 2006
Number Of Employee
251 - 500
Operating Status
Active
Stock Symbol
nasdaq:CARG
Legal Name
CarGurus, Inc.,

A comparison shopping site for automobiles that uses proprietary pricing algorithms to analyze millions of new and used car listings to help consumers find the best deals and avoid bad deals in their local area. Users share information, including reviews of dealers, mechanics, and cars and advice on other car topics.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$151.75M
CarGurus has raised a total of $151.75M in funding over 2 rounds. Their latest funding was raised on Aug 11, 2022 from a Post-IPO Secondary round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 11, 2022 Post-IPO Secondary — — — — Detail
Oct 11, 2017 IPO $150M — — — Detail
Aug 16, 2017 Series A $1.75M — — — Detail

Employee Profiles

Number of Employee Profiles
19
CarGurus has 19 current employee profiles, including Employee Mike Lisavich
Mike Lisavich
Employee
Dave Galvin
Employee
Nader Khalil
Employee
Jeffrey McCarthy
Employee
Lori Hickok
Board member
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Acquisition

CarGurus has acquired 3 organizations. Their most recent acquisition was PistonHeads on Dec 4, 2018. They acquired PistonHeads for 0.

Date Company Name
Industry Acquisition Type Price
Dec 4, 2018 PistonHeads
Automotive acquisition — Detail
Jan 16, 2020 Autolist
Automotive acquisition — Detail
Dec 10, 2020 CarOffer
Automotive acquisition $ 275M Detail
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