CarGurus Revenue and Competitors

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Boston, MA USA

Location

$1.8M

Total Funding

Estimated Revenue & Valuation

  • CarGurus's estimated annual revenue is currently $763.6M per year.(i)
  • CarGurus's estimated revenue per employee is $768,189
  • CarGurus's total funding is $1.8M.
  • CarGurus's current valuation is $3.8B. (January 2022}

Employee Data

  • CarGurus has 994 Employees.(i)
  • CarGurus grew their employee count by 11% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$10890M582638%$1.6B$27.8B
#2
$30630M270005%N/A$18.4B
#3
$321.8M11383%N/AN/A
#4
$618.4M16612%N/A$1.1B
#5
$2660M108753%$1.3B$1.1B
#6
$249.8M521-4%$340.4M$357.8M

Meet CarGurusnow the #1 largest car shopping site in the US by unique monthly visitors. At CarGurus, were building the world's most trusted and transparent automotive marketplace where it's easy to find great deals from top-rated dealers and sellers. Founded in 2006 by Langley Steinert (co-founder of TripAdvisor), CarGurus uses proprietary technology, search algorithms and innovative data analytics to simplify the process of car shopping and selling. As we work to deliver the best products and services for our consumers and sellers, we are guided by these core values: We are pioneering. We are transparent. We are data-driven. We move quickly. We are collaborative. We have integrity. In addition to the United States, CarGurus operates online marketplaces in Canada, the United Kingdom, Germany and Italy. Our offices are located in Cambridge, MA; Detroit, MI; and Dublin, Ireland. Interested in becoming a Guru View current Jobs and learn about Life at CarGurus.

keywords:Automotive,E-Commerce,Search,Travel

$1.8M

Total Funding

994

Number of Employees

$763.6M

Revenue (est)

11%

Employee Growth %

$3.8B

Valuation

N/A

Accelerator

CarGurus News

2017-10-12 - CarGurus spikes 72% in auto marketplace IPO

Used-car marketplace CarGurus spiked more than 72 percent during its first day of trading. The Cambridge, Massachusetts-based company had raised more than $150 million after pricing its IPO at $16. By the end of trading Thursday, shares had gone up more than 72 percent, closing at $27.58. In a ...

2020-01-31 - Customer feedback is a development opportunity

Kyle Lomeli Contributor Share on Twitter Kyle Lomeli is the CTO and a founding engineer at CarGurus.com. Online commerce accounted for nearly $518 billion in revenue in the United States alone last year. The growing number of online marketplaces like Amazon and eBay will command 40% of the gl ...

2021-08-10 - CarGurus Partners with SpinCar to Bring Advanced Merchandising Capabilities to the Most Visited Auto Shopping Site in the U.S.

Car Gurus Partners with SpinCar “SpinCar’s advanced merchandising capabilities provide us with the opportunity to create additional value for our audience of car shoppers searching for the perfect vehicle and for dealers who rely on CarGurus to help them sell more cars,” said Andrew Grochal, Vic ...

09/03/2019 - Imagine Owning CarGurus (NASDAQ:CARG) And Wondering If The 33% Share Price Slide Is Justified

Unfortunately the CarGurus, Inc. (NASDAQ:CARG) share price slid 33% over twelve months. That's well bellow the market return of 2.2%.

09/08/2019 - CarGurus to Present at Citi 2019 Global Technology Conference

04, 2019 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, today announced that Jason ...

09/03/2019 - Insider Selling: CarGurus Inc (NASDAQ:CARG) CFO Sells 3,000 Shares of Stock

CarGurus Inc (NASDAQ:CARG) CFO Jason Trevisan sold 3,000 shares of the company's stock in a transaction that occurred on Thursday, ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$255.8M1015N/AN/A
#2
N/A10687%N/A
#3
$645.6M1085-3%$1.4B
#4
N/A10880%N/A
#5
$968.5M12050%N/A