Vroom Raises $54 Million Series B Round to Overhaul the Car Buying Experience



NEW YORK--(BUSINESS WIRE)--Vroom (www.vroom.com), the largest online pre-owned car retailer, today announced a $54 million Series B funding round, bringing its total equity funding to date to $73 million. The investors in the round are Catterton (investors in major consumer retail brands such as Restoration Hardware and P.F. Changs); General Catalyst Partners (investors in Snapchat, Warby Parker and Kayak); and funds and accounts managed by T. Rowe Price Associates, Inc. (investors in Redfin and Workday). Jeffery Boyd, Chairman and former C