Fundz

Real-time funding, M&A, exec moves & hiring — the signals that move deals

More real-time opportunities that match your ICP — every funding, M&A, and exec move the moment it breaks, with the verified contacts to reach out first.

The funding market, moving in real timeBook a DemoStart with Pro — $79/mo
Loading live signals…

Funding, M&A, exec moves & hiring — every signal Fundz sees, the moment it happens. See who’s in your market, who to reach, and why now.

CarMax Secures $500 Million Term Loan Facility

PUBLIC · KMXJun 17, 2026about 1 month ago

Amount Raised

$500 Million

Round Type

Debt Financing

RichmondOtherE CommerceRetailAutomotive

Investors

Mufg Bank, Ltd.

Description

On June 15, 2026, CarMax, Inc. entered into a term loan credit agreement, borrowing a total of $500 million. The facility is set to mature on June 15, 2029. The funds will be utilized to support the company's ongoing operational needs.

Company Information

Company

CARMAX INC

Location

12800 TUCKAHOE CREEK PARKWAY

Richmond, Virginia, United States

Related People

Suggested for you
1 contact

Choose your plan to reveal verified contacts

Predictive Intelligence
Strategic

ML-powered predictions for CARMAX INC's next move

Learn about Strategic plan

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

Watching CARMAX INC? See every signal — funding, hires, M&A, contracts, sentiment.

Book a demoChoose your plan