Fundz

Vroom, Inc. Secures $20 Million in New Funding

PUBLIC · VRMSep 30, 2026

Amount Raised

$20 Million

Round Type

Funding Round

Fort WorthInformation TechnologyCommerce and ShoppingTransportation

Investors

SPE Holdings 2026-1

Description

On September 30, 2026, Vroom Automotive, LLC, a subsidiary of Vroom, Inc., issued new preferred units for aggregate gross proceeds of $20 million. This funding was facilitated through a Preferred Unit Purchase Agreement with SPE Holdings 2026-1. The issued units include 16,000 Series A1 preferred units and 4,000 Series B1 preferred units. The investment will support the company's growth and operational efforts.

Company Information

Company

Vroom

Location

480 Pierce St., Ste. 240

Fort Worth, Texas, United States

About

Vroom is an innovative, end-to-end ecommerce platform designed to offer a better way to buy and a better way to sell used vehicles. The company's scalable, data-driven technology brings all phases of the vehicle buying and selling process to consumers wherever they are and offers an extensive selection of vehicles, transparent pricing, competitive financing, and at-home pick-up and delivery. Vroom has offices in New York, Houston and Detroit and also operates the Texas Direct Auto brand.

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