Tech Company Financing Transactions
Carvana Funding Round
Carvana, based in Phoenix, raised $160 million in funding from private investors.
Transaction Overview
Company Name
Announced On
8/11/2016
Transaction Type
Venture Equity
Amount
$160,000,000
Round
Series C
Investors
Proceeds Purpose
The company, which has raised a total of $460m, intends to use the funds to expand physical operations and Car Vending Machines to new markets across the country, hire new people, continue to invest in technology and to increase its inventory to more than 10,000 company-owned vehicles by the end of 2016.
Company Information
Company Status
Publicly-held
Industry
Transportation
Mailing Address
4020 East Indian School Rd.
Phoenix, AZ 85018
USA
Phoenix, AZ 85018
USA
Phone
Website
Email Address
Overview
At Carvana (NYSE: CVNA), we know that trust begins and ends with the car, which is why every vehicle we sell comes Carvana Certified. The process begins well before you land on our site with our rigorous inspection and reconditioning process, and it continues long after we leave your driveway with our 100 day/4,189 mile Worry Free Guarantee.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ernie Garcia
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Where The Data Comes From
Our team works diligently to document every notable VC transaction. All VC database entries reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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