Carvana
Phoenix, Arizona, United States · Automotive, Commerce and Shopping, E Commerce
Carvana is an industry pioneer for buying and selling used cars online, operating in over 300 U.S. markets. The company offers a vertically integrated platform that provides customers with the convenience of home delivery or local pick up. Carvana's mission is to change the way people buy and sell cars, revolutionizing automotive retail and delivering a fun, fast, and fair customer experience.
Key facts
- Headquarters
- Phoenix, Arizona, United States
- Employees
- 24,000
- Industries
- Automotive, Commerce and Shopping, E Commerce
- Status
- Public (CVNA)
- Website
- carvana.com
- Company page
Recent activity at Carvana
- : SEC 8-K (1.01): On August 14, 2026, Carvana Co. entered into a Credit Agreement with Barclays Bank PLC and other lenders, establishing a $1.66 billion senior secured term loan B facility, maturing on August 14, 2033. The proceeds from this facility are allocated for redeeming $1 billion of outstanding 9.0% / 11.0% / 13.0% Senior Secured Notes due 2030, with the first redemption date set for August 15, 2026. The loan will accrue interest at a variable rate, with reimbursement allowed for prepayments under specified conditions. The strategic aim is to refinance existing debt and improve the company's financial positioning, which may enhance operational flexibility going forward.
- : SEC 8-K (5.02): Carvana Co. reported the outcomes of its 2026 Annual Meeting of Stockholders held on May 5, 2026. Shareholders approved the 2026 Omnibus Incentive Plan, further enhancing executive compensation opportunities. The Company also executed a five-for-one forward stock split of Class A and Class B common stock, effective May 7, 2026, at 9:30 a.m. ET, which will adjust the trading of the stock on the New York Stock Exchange to a split-adjusted basis on May 8, 2026. These changes are strategically aimed at increasing shareholder value and enhancing liquidity in the shares, while the proxy statement detailing these plans was filed on March 25, 2026.
- : Carvana acquires sixth Stellantis dealership
- : Carvana Enters Underwriting Agreement for Asset-Backed Notes
- : Carvana acquires San Diego Chrysler dealership
- : Carvana acquires Jerry Seiner dealership in Arizona
- : Carvana Launches New Campaign Featuring Kristen Bell and Dax Shepard to Showcase Easy Online Car Buying Experience
- : Carvana announces multi-year partnership with Rush Soccer as front-of-kit sponsor
- : Carvana Introduces Same Day Vehicle Delivery Service in Houston for Enhanced Convenience.
- : Carvana and Jimmie Johnson Donate Equipment and Funds to Arsenal Technical High School for Automotive Education
Carvana funding history
| Date | Round | Amount |
|---|---|---|
| Apr 2020 | Funding Round | $600.0M |
| Nov 2018 | Seed | $400K |
Leadership
- Ernie Garcia, Founder
- GREG SULLIVAN, Director
- DAN QUAYLE, Director
- IRA PLATT, Director
- MICHAEL MAROONE, Director
- ERNIE III, Executive Officer, Director
- Paul Keister, Chief Creative Officer
- Dan Gill, Chief Product Officer
- PAUL BREAUX, Executive Officer
- DANIEL GILL, Executive Officer
- RYAN KEETON, Executive Officer
- BENJAMIN HUSTON, Executive Officer
Verified email and direct lines for Carvana’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Carvana files 2 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Carvana in the news
- Carvana and Rush Soccer Extend Multi-Year Partnership, Launch Youth Soccer Scholarship Fund - Business Wire (Oct 13, 2026)
- Carvana to Report Third Quarter 2026 Results and Host Quarterly Conference Call on Oct. 28 - Yahoo Finance (Sep 30, 2026)
- Why car buyers are paying thousands more for new vehicles from Carvana - Automotive News (Aug 19, 2026)
- Carvana (CVNA) slips as investors weigh a recent rally against margin and used-car pricing concerns - Quiver Quantitative (Oct 01, 2026)
- Carvana’s new vehicle strategy turns dealership into ‘playground,’ test-drive center with sales all online - CNBC (Jun 17, 2026)
- Carvana Auto Loans Review - Bankrate (Sep 24, 2026)
- Carvana (CVNA): Company Profile, Stock Price, News, Rankings - Fortune (Jun 03, 2026)
- Carvana 5-for-1 Stock Split Explained: What Changes and What Doesn't - EBC Financial Group (May 06, 2026)
Companies similar to Carvana
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About Carvana: questions and answers
What does Carvana do?
Carvana is an industry pioneer for buying and selling used cars online, operating in over 300 U.S. markets. The company offers a vertically integrated platform that provides customers with the convenience of home delivery or local pick up. Carvana's mission is to change the way people buy and sell cars, revolutionizing automotive retail and delivering a fun, fast, and fair customer experience.
Where is Carvana headquartered?
Carvana is headquartered in Phoenix, Arizona, United States.
How many employees does Carvana have?
Carvana has about 24,000 employees.
Has Carvana raised funding?
Yes. Fundz has recorded 2 funding events for Carvana. The most recent, Funding Round of $600.0M, was in Apr 2020.
Who leads Carvana?
Ernie Garcia is a Founder at Carvana.
What is the latest news on Carvana?
On Aug 14, 2026, SEC 8-K (1.01): On August 14, 2026, Carvana Co. entered into a Credit Agreement with Barclays Bank PLC and other lenders, establishing a $1.66 billion senior secured term loan B facility, maturing on August 14, 2033. The proceeds from this facility are allocated for redeeming $1 billion of outstandi
Is Carvana a public company?
Yes. Carvana is publicly traded under the ticker CVNA.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy