CarLotz Revenue and Competitors
Estimated Revenue & Valuation
- CarLotz's estimated annual revenue is currently $23.8M per year.
- CarLotz received $30.0M in venture funding in September 2017.
- CarLotz's estimated revenue per employee is $227,000
- CarLotz's total funding is $162M.
Employee Data
- CarLotz has 105 Employees.
- CarLotz grew their employee count by -12% last year.
CarLotz Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $30630M | 34020 | 5% | N/A | $18.4B |
#2 | $10890M | 6711 | -16% | $1.6B | $27.8B |
#3 | $5.8M | 50 | -4% | N/A | N/A |
#4 | $2660M | 902 | -1% | $1.3B | $1.1B |
What Is CarLotz?
CarLotz is a physical marketplace that allows used car buyers and sellers to transact with one another safely, efficiently, and anonymously. The CarLotz service enables customers to buy and sell used cars privately without the traditional hassle of arranging meetings, test drives, and negotiations with other buyers and sellers. CarLotz also offers financing, warranties, and other after-market services that aren't typically available in the private market. Our goal is to save people money and to make used car transactions enjoyable and convenient for both buyers and sellers. We aim to redefine the used car marketplace by providing customers with private market values, superior customer service, and transparency while creating an enriching, challenging, and fun career for our employees.
keywords:Automotive,Consumer Services,E-Commerce,Retail
$162M
Total Funding
105
Number of Employees
$23.8M
Revenue (est)
-12%
Employee Growth %
N/A
Valuation
N/A
Accelerator
CarLotz News
CarLotz (NASDAQ: LOTZ), a Richmond auto resale company that went public last year via a SPAC merger, has a new CEO effective this week and...
The top executive leadership changes at CarLotz continued on Thursday. Along with announcing that chief operating officer John Foley and...
CarLotz is a leading consignment-to-retail used vehicle marketplace that provides our corporate vehicle sourcing partners and retail sellers of...
RICHMOND, Va., Sept. 7, 2021 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today it will open its first hub in Alabama. The hub, located at 3016 Government Blvd in Mobile, is expected to open later this year. CarLotz is on ...
Some have been making waves for a few years now, like CarLotz at No. 435 and WealthForge at No. 1,156. Other standouts were Gather ...
Other Companies in Richmond
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $34.1M | 105 | 33% | N/A |
#2 | $17.1M | 105 | 0% | N/A |
#3 | $7.5M | 106 | -4% | N/A |
#4 | $15.9M | 106 | 28% | N/A |
#5 | $15.5M | 107 | -4% | N/A |
CarLotz Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2017-09-21 | $30.0M | Undisclosed | TRP Capital Partners | Article |