Overview

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Acquisitions
2 Acquisitions
IPO / Stock
Went Public on May 23, 2014 / NASDAQ:TRUE
Headquarters:
Santa Monica, California
Description:
We make car buying simple, fair and fun.
Founders:
, , , ,
Categories:
Public Transportation, Mobile Apps, Automotive
Website:
http://truecar.com/
Social:

Company Details

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Founded:
2005
Contact:
+1 888-878-3227
Employees:
501 - 1k | 20 in Crunchbase

Buying a car can be stressful. That's why we decided to reinvent it. We believe that car buying should be transparent and anxiety-free. So we partnered with like-minded dealers to provide excellent service and upfront pricing.

How do we do this? It's simple. We show you what others paid for the car you are considering. That gives you confidence that TrueCar Certified Dealer prices are honest and fair. Then our dealers offer guaranteed savings to TrueCar customers for new vehicles in-stock and on the lot.

Funding Rounds (6) - $283.17M

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DateAmount / RoundValuationLead InvestorInvestors
Dec, 2013$30M / Private Equity2
Sep, 2011$200M / Private Equity11
Jan, 2009$37.4M / Series E6
Sep, 2008$13.5M / Series A4
Dec, 2005undisclosed amount / Series A1
Feb, 2005$2.27M / Series A1

Acquisitions (2)

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DateAcquiredAmount
Aug 22, 2011$83M (terms undisclosed)
May 3, 2011Unknown

Current Team (20)

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Competitors (8)

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  • Buying and Selling a Car. More Than Improved. Elevated.
  • Priceline for car leasing. Anonymous and haggle-free.
  • We're on a mission to help you find the perfect car at the perfect price – without all the drama. Follow us for the latest new car news.
  • Carvana is a better way to buy a car. Skip the dealership and buy online. Avg. savings over $1,500 vs KBB. Free delivery. 7-day test own.
  • Edmunds.com operates as an online consumer car review website that offers research, shopping, and buying tools for new and used cars.
  • Automotive Ecommerce | Buy or sell a car 100% online
  • Vroom is an online direct car retailer that makes car-buying and -selling fast and easy.
  • Vroomo is a marketplace to buy and sell used cars online.

Offices/Locations (5)

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  • Austin Office

    13412 Galleria Circle

    Building H

    Austin, Texas 78738

    United States

  • SF Office

    98 Battery St

    Suite 500

    San Francisco, California 94111

    United States

  • HQ

    225 Santa Monica Blvd.

    12th Floor

    Santa Monica, California 90401

    United States

  • Santa Monica - Broadway

    120 Broadway

    Second Floor

    Santa Monica, California 90401

    United States

  • ALG

    3760 State Street

    Suite 200

    Santa Barbara, California 93105

    United States

Past Event Appearances (2)

Images (3)

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