TrueCar Inc
Location: 225 Santa Monica Blvd, Floor 12, Santa Monica, California, United States, 90401, United States
Founded in: 2006
Stage: Profitable
Number of employees: 50+
Funding history:
- Date: 10/2011, Series C: $200 M
- Date: 07/2010, Series B: $35 M
- Date: 08/2008, Series A: $2.8 M
Short URL: vator.co/truecar-inc
Followers (2)

TrueCar Inc

Startup/business
California, United States United States
http://www.truecar.com

TrueCar, Inc. is an online automotive information and communications platform focused on creating a better car buying experience for dealers and consumers. TrueCar’s market-based information provides consumers and dealers with an accurate and comprehensive understanding of what others actually paid recently for similar vehicles.

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Company description

TrueCar, Inc. is an online automotive information and communications platform focused on creating a better car buying experience for dealers and consumers.  Consumers want a hassle-free car buying experience and dealers want high-quality sales velocity.  TrueCar helps achieve these goals by providing unbiased market information on new car transactions and by supplying an online communications platform through which dealers and consumers can communicate with each other.  TrueCar’s market-based information provides both consumers and dealers with an accurate and comprehensive understanding of what others actually paid recently for similar vehicles, both locally and nationally.  TrueCar’s communications platform then allows informed, ready-to-buy consumers to communicate directly with participating dealers.  Some of the nation’s largest and most well respected membership and service organizations rely on websites powered by TrueCar to help educate their members and customers who are in the automotive market.  TrueCar is headquartered in Santa Monica, CA, and has offices in San Francisco, CA, and Austin, TX.  After experiencing dramatic growth since 2006, TrueCar is developing a suite of products and services centered on radical clarity through the comprehensive analysis of market data and information.  TrueCar’s participating dealer partners have sold over 500,000 new vehicles to TrueCar users nationwide.

 


Team
  • Scott Painter
    Scott Painter | Team member
    Scott Painter has started nearly 40 companies – the majority in the automotive industry and has raised over one billion dollars from investors for his numerous entrepreneurial ventures.
Investors
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GRP Partners - Unconfirmed
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Silicon Valley Bank - Unconfirmed
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Keating Capital - Unconfirmed
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GSV Capital - Unconfirmed
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Passport Capital - Unconfirmed
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McCombs Enterprises - Unconfirmed
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Allen & Company - Unconfirmed
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House - Unconfirmed
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USAA - Unconfirmed
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DealerTrack - Unconfirmed
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GRP Partners - Unconfirmed
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USAA - Unconfirmed