TrueCar

RetailSeries ASanta Monica, UStruecar.com

Latest round

Series A

Last raised

Dec 2013

Total raised

$43M

Investors

6

About TrueCar

TrueCar, Inc.Founded in 2005, TrueCar, Inc. operates an online platform that revolutionizes the car buying process.50 mn across several investments, with the most recent being a Private Placement in April 2017.TrueCar primarily offers an online platform designed to streamline the car buying process for consumers looking to purchase new and used vehicles. TrueCar's services cater to individual car buyers, including active duty military members, veterans, and general consumers across the United States. By leveraging data analytics, the platform connects users with certified dealers, facilitating a seamless transaction process from vehicle selection to delivery or pickup.TrueCar generates revenue primarily through partnerships with automotive dealerships and manufacturers. The company's business model is structured around a fee-for-service basis, where dealers pay for leads generated through the TrueCar platform.15 mn.com. The company’s strategy includes launching new features that improve user experience and expanding its services into new geographic markets, aiming for broader reach by late 2023.

Who invested in TrueCar

6 investors across 2 rounds

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Funding rounds

  1. Series A

    Dec 12, 2013

    Amount

    $30M

    Investors

    Locked

  2. Series B

    Sep 4, 2007

    Amount

    $13M

    Investors

    Locked

Questions about TrueCar

Who invested in TrueCar?

TrueCar has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has TrueCar raised?

TrueCar has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did TrueCar last raise money?

TrueCar's most recent round on record is a Series A, in Dec 2013.

What does TrueCar do?

TrueCar is a retail company.

Where is TrueCar headquartered?

TrueCar is headquartered in Santa Monica, US.

Which VCs invest in companies like TrueCar?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at TrueCar's stage. Their profiles are linked below.

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