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Carmax Inc reported raising $98.2 Million in an initial SEC Form D filing, from an offering of $98.2 Million

PUBLIC · KMXJun 08, 2021

Amount Raised

$98.2 Million

$98.2 Million sold, per SEC Form D (first sale Jun 8, 2021)

Round Type

Venture

RichmondOtherE CommerceRetailAutomotive

Quick answer

CarMax raised $98.2 Million in a funding round, dated June 8, 2021. CarMax is based in Richmond, Virginia, United States.

How much did CarMax raise?
CarMax raised $98.2 Million in a funding round on June 8, 2021.
What does CarMax do?
CarMax is the nation’s largest retailer of used cars, providing customers with a no-haggle experience and a wide selection of vehicles.
Where is CarMax based and how big is it?
CarMax is based in Richmond, Virginia, United States. Fundz records about 31,000 employees.
Who are the decision-makers at CarMax?
Fundz holds 1 contact at CarMax, including the Executive Vice President - Chief Information and Technology Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Retail around the same time

Companies in the same sectors as CarMax that raised within 45 days of this round, from Fundz verified event records.

  • SKIMS raised $330M on July 20, 2021.
  • Flipkart raised $3.6B (Funding Round) on July 12, 2021.
  • Flipkart raised $3.6B (Funding Round) on July 12, 2021.
  • JOOR raised $47M on June 25, 2021.
  • Scurri raised $8.6M (Funding Round) on June 15, 2021.
  • Uber Technologies raised $1.1M (Seed) on June 11, 2021.

Who to call at CarMax, and when

A new round usually means CarMax is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day CarMax raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at CarMax, from your own LinkedIn network

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Company Information

Company

CarMax

Location

12800 TUCKAHOE CREEK PARKWAY

Richmond, Virginia, United States

About

CarMax is the nation’s largest retailer of used cars, providing customers with a no-haggle experience and a wide selection of vehicles. The company emphasizes a culture of trust and innovation, leading to repeated recognition as one of the best workplaces. With a focus on customer service, CarMax also supports its employees' growth and development. The company continues to expand its job offerings in various fields, including technology and automotive services.

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Fundz sees it the moment CarMax raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsShamim M., Executive Vice President - Chief Inform…See plans and pricing
Predictive Intelligence
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ML-powered predictions for CarMax's next move

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CarMax raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.