Vroom is an ecommerce and automotive finance company that was founded in August 2013 and went public in June 2020. Originally operating as an end-to-end used vehicle marketplace with online shopping, financing, and delivery, Vroom discontinued its ecommerce operations in January 2024 to preserve liquidity. The company emerged from Chapter 11 bankruptcy in January 2025 with a restructured business model centered on two core operations: United Auto Credit Corporation (UACC), a non-prime and near-prime automotive lender with approximately 76,000 contracts and $950 million in receivables, and CarStory, an AI-powered automotive data and pricing analytics platform. Vroom went public via IPO on the Nasdaq under ticker VRM in June 2020 at $22 per share, briefly reaching significant valuations before facing operational and financial challenges leading to its bankruptcy filing in November 2024.
Vroom is publicly traded
IPO'd on June 9, 2020
This company is no longer available on our private secondary market. Shares can be traded publicly under VRM.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2013
Employees
1000+
Total Funding
$1.02B
7 rounds
Total raised $1.02B across 7 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
IPO
Date
June 9, 2020
Amount
$467.5M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| June 9, 2020 | IPO | $467.5M | — | Public markets |
| December 6, 2019 | Series H | $254M | — | Durable Capital Partners |
| December 2018 | Series G | $146M | — | AutoNation |
Tom Shortt
Chief Executive Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Carvana
Online used car retailer with automated delivery kiosks and vending machines throughout the United States
CarGurus
Automotive research and shopping platform based in Cambridge, Massachusetts
Shift
Digital car-buying and selling platform based in San Francisco offering direct-to-consumer services
CarMax
Physical and online used vehicle retailer with extensive dealership network across the United States
Yes, Vroom is publicly traded under the ticker symbol VRM on the Nasdaq. The company went public in June 9, 2020.
Vroom trades under the ticker symbol VRM on the Nasdaq. It began trading in June 9, 2020.
Vroom (VRM on the Nasdaq) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker VRM to place an order.
Vroom went public in June 9, 2020 via ipo. Vroom completed its IPO on June 9, 2020 at $22 per share on Nasdaq (VRM), achieving an 118% first-day pop. The company filed for Chapter 11 bankruptcy protection on November 13, 2024, due to inability to secure additional capital after discontinuing its ecommerce operations. The company emerged from bankruptcy on January 14, 2025, converting approximately $290 million in convertible notes into equity. Trading resumed on February 20, 2025 under ticker VRM on Nasdaq Global Market.
Vroom raised $1.02B across 7 disclosed funding rounds prior to its public listing.
Vroom is headquartered in New York, NY, United States.
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