When was Carvana founded?

Carvana was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is Carvana located?

Carvana is headquartered in Phoenix, United States. It is registered at Tempe, Arizona.

Which legal entities is Carvana associated with?

Carvana is associated with CAR SALE and 2 others.

How many employees does Carvana have?

As of Mar 31, 2026, the latest employee count at Carvana is 7854.

Is Carvana a funded company?

Carvana is a funded company, having raised a total of $460M across 6 funding rounds to date. The company's 1st funding round was a $***** Series D round, raised on Oct 20, 2015.

When was the latest funding round of Carvana?

Carvana's latest funding was a $***** Post IPO round on Feb 18, 2024, with participation from 1 investor.

What is the annual revenue of Carvana?

Annual revenue of Carvana is $13.7B as on Dec 31, 2024.

Where does Carvana rank among its competitors?

Carvana ranks 1st amongst 1861 active competitors, of which 24 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Droom, which secured $3M in Mar, 2025.

Who are the top competitors of Carvana?

Carvana's top competitors include TrueCar, Droom and Copart. Among them, Droom secured the most recent funding round in March, 2025.

Carvana - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Online dealer of pre owned cars. The platform offers personalized financing services for vehicles. Buyers can browse vehicles, answer a few questions, calculate loans and get an estimated value for the vehicle. The users can browse by models, brands, body styles, and locations.

Website: www.carvana.com/
Social
Email ID: *****@carvana.com, *****@carvana.com
Phone Number: +1 **********
Registered Address: Tempe, Arizona

Key Metrics

Founded Year

2012

Location

Phoenix, United States

Stage

Public

Total Funding

$460M in 6 rounds

Latest Funding Round

Post IPO, Feb 18, 2024, $*****

Investors

Alua Capital Management & 3 more

Ranked

1^st among 1861 active competitors

Annual Revenue

$13.7B as on Dec 31, 2024

Employee Count

7,854 as on Mar 31, 2026

Investment & Acquisitions

ADESA & 4 more

Similar Companies

Spinny & 211 more

Exit Details

Public

View Carvana's full profile

Carvana is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CAR SALE CIN: 50003588351 , Latvia, Active	Apr 16, 2002	$123K (As on Dec 31, 2024)	1 (As on Dec 31, 2022)	-
CARVANA CO. CIN: 1690820 , United States, Active		$13.7B (As on Dec 31, 2024)	13700 (As on Dec 31, 2023)	-
Carvana, Llc CIN: 454788036 , United States, Active	Dec 26, 999	-	17481 (As on Dec 31, 2024)	-

Carvana got listed on Apr 28, 2017.

Click here to take a look at Carvana's IPO in detail

Carvana has raised a total funding of $460M over 6 rounds. Its first funding round was on Oct 20, 2015. Its latest funding round was a Post IPO round on Feb 18, 2024 for $*****. 1 investor participated in its latest round. Carvana has 4 institutional investors.

Here is the list of recent funding rounds of Carvana:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 18, 2024	7659469	Post IPO	3681946	1121261	7969018	2864007
Nov 06, 2018	4494580	Post IPO	4000900	1790794	1903971	1416325
Apr 12, 2018	3904772	Post IPO	7064463	9257627	5051414	1449385

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View details of Carvana's funding rounds and investors

The founders of Carvana are Ben Huston and Ernie Garcia.

Here are the details of Carvana's key team members:

Ben Huston: Co-Founder of Carvana and founder of 1 other company.
Contact Info: 1 email address
Ernie Garcia: Founder & CEO of Carvana and founder of 1 other company.
Contact Info: 1 email address

View details of Carvana's Founder profiles and Board Members

Carvana's employee count trend

Carvana has 7,854 employees as of Mar 26. Here is Carvana's employee count trend over the years:

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Top competitors of Carvana include TrueCar, Droom and Copart. Here is the list of Top 10 competitors of Carvana, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Carvana 2012, Phoenix (United States), Public	Online dealer of pre owned cars	$460M	Alua Capital Management, Dundon Capital Partners ... & 2 others	84/100
2nd	TrueCar 2005, Santa Monica (United States), Acquired	Online new and used cars listing platform	$270M	Allen & Company, USAA & 22 others	76/100
3rd	Droom 2014, Gurugram (India), Series G	Online retailer of used and new automobiles, plus related services	$344M	Digital Garage, Toyota Tsusho & 67 others	75/100
4th	Copart 1982, Dallas (United States), Public	Online marketplace for used and salvaged vehicles	$1.1M	-	74/100
5th	CarGurus 2006, Cambridge (United States), Public	Online retailer of used and new cars with financing options	$1.75M	Vitruvian Partners, Ithaka Partners & 1 others	70/100
6th	CarLotz 2011, Charlotte (United States), Acquired	Online P2P consignment-based car trading platform	$37M	Capital Q Ventures, TRP & 1 others	68/100
7th	Cars.com 1998, Chicago (United States), Public	Online retailer of new and used cars, providing reviews	-	Starboard Value, Putnam & 1 others	68/100
8th	Vroom 2013, New York City (United States), Public	Online dealer of used cars	$708M	durablecapitalpartners.com, L Catterton & 21 others	67/100
9th	CarMax 1993, Richmond (United States), Public	Retailer of used cars	-	-	66/100
10th	Carsales 1998, Melbourne (Australia), Public	Online listing platform for used cars	-	AUI, AMCIL & 2 others	66/100

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Looking for more details on Carvana's competitors? Click here to see the top ones

Carvana has not made any investments yet. Carvana has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 28, 2022	Acquisition	ADESA	1991	Indianapolis (United States)
Apr 17, 2018	Acquisition	Car360	2015	Atlanta (United States)
Aug 08, 2017	Acquisition	Carlypso	2013	San Carlos (United States)