Carvana (NYSE: CVNA), a Phoenix, AZ-based e-commerce platform for buying and selling used cars, raised $600m in funding.
The company intends to use the funds to expand operations.
Founded in 2012 by Ernie Garcia, CEO, Carvana offers consumers an online car buying and financing platform. It enables consumers to shop more than 25,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of the company’s patented, automated car vending machines.
FinSMEs
08/04/2020