CarGurus
IPOSmarter research, better listings
Public · Cambridge · Founded 2006 · $1.8M raised
- Headquarters
- Cambridge
- Founded
- 2006
- Business Model
- Marketplace
- Website
- cargurus.com
- Total Funding
- $1.8M
- Last Round
- $1.8M Venture RoundAug 2017
- Type
- Public
About
CarGurus is an online automotive marketplace founded in 2006 in Cambridge, Massachusetts by Langley Steinert, co-founder of TripAdvisor. The platform uses a proprietary deal-rating algorithm — rating only about 30% of listings as good or great deals — to help car shoppers compare used and new vehicle prices, view accident history and price-drop data, and pre-qualify for financing before visiting a dealership. CarGurus also offers 'Finance in Advance,' letting buyers see personalized real financing rates before contacting a dealer.
Summary
CarGurus is an enterprise software company based in Cambridge, founded in 2006. It has raised $1.8M in total, most recently a $1.8M Venture Round round in Aug 2017.
Tech & App Stack
10 technologies & apps tracked
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Funding History
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