Vroom

End-to-end e-commerce platform designed to offer a better way to buy and sell used vehicles

Company website

Ticker

VRM.NASDAQ

Market

Foundation year

2016

Open date

6/3/2020

Close date

6/8/2020

IPO date

6/8/2020

Placement price

$22

Open price

$47.6

Profitability

100.36%

About

Total Funding

$1.3B

Vroom is an innovative, end-to-end e-commerce platform designed to offer a better way to buy and 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.

It was founded in 2013 and is located in New York City.