Carvana Raises $600 Million to Continue Growing, Innovating Safer Way to Buy a Car
Amount Raised
$600 Million
Round Type
Funding Round
Description
Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, is fully committed to ensuring consumers can easily purchase a vehicle in this unprecedented era, and do so safely. As consumers increasingly demand an online retail environment so they can get important resources like groceries or medication, they are reshaping what is becoming a new normal. Observing this new normal and how it’s shifting car buying entirely online, Carvana has raised $600 million from investors in support of continued innovation and growth of the safer way to buy a car.
Quick answer
Carvana raised $600 Million in a Funding Round round, dated April 2, 2020. Carvana is based in Tempe, Arizona, United States.
- How much did Carvana raise?
- Carvana raised $600 Million in a Funding Round round on April 2, 2020.
- What does Carvana do?
- Carvana is an industry pioneer for buying and selling used cars online, operating in over 300 U.S. markets.
- Where is Carvana based and how big is it?
- Carvana is based in Tempe, Arizona, United States. Fundz records about 24,000 employees.
- Who are the decision-makers at Carvana?
- Fundz holds 3 contacts at Carvana, including the Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Commerce and Shopping and E Commerce around the same time
Companies in the same sectors as Carvana that raised within 45 days of this round, from Fundz verified event records.
- Grove Collaborative raised $90M on May 15, 2020.
- RideNow Group, Inc. raised $5M (Funding Round) on May 7, 2020.
- Newegg Commerce raised $3.4M (Seed) on March 4, 2020.
- Newegg Commerce raised $2.5M (Seed) on February 27, 2020.
- Digital River raised $50M (Funding Round) on February 25, 2020.
- Newegg Commerce raised $2.2M (Seed) on February 21, 2020.
Who to call at Carvana, and when
A new round usually means Carvana is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Carvana raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Carvana, from your own LinkedIn network
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Fundz sees it the moment Carvana raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Carvana 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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