Carvana

First Complete Online Car Retailer.

Launch date

2012

Employees

5001-10000 people

Market cap

Enterprise valuation

€21.1b (Public information from Sep 2024)

Tempe Arizona (HQ)

http://carvana.com

https://twitter.com/carvana https://www.facebook.com/carvana.buycarsonline https://www.linkedin.com/company/carvana/https://apps.apple.com/app/id1273426583 https://play.google.com/store/apps/details?id=com.carvana.carvana

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	5.6b	12.8b	13.6b	10.8b	13.1b	15.1b	17.6b
% growth	42 %	129 %	6 %	(21 %)	21 %	15 %	17 %
EBITDA	(257m)	(5.0m)	(1.3b)	281m	1.2b	1.4b	1.7b
% EBITDA margin	(5 %)	-	(10 %)	3 %	9 %	9 %	10 %
Profit	(171m)	(135m)	(1.6b)	450m	146m	325m	581m
% profit margin	(3 %)	(1 %)	(12 %)	4 %	1 %	2 %	3 %
EV / revenue	3.3x	1.9x	0.6x	1.1x	1.8x	1.6x	1.3x
EV / EBITDA	-71.1x	-4893.2x	-6.2x	41.7x	20.4x	16.7x	13.0x

Date	Investors	Amount	Round
-	Dundon capital partners	N/A	-
Aug 2014	Y Combinator	$120k	Seed
Mar 2015	N/A	N/A	Seed
Aug 2016	N/A	$160m	Series C
Nov 2016	Ally Financial	$200m	Debt
Jan 2017	Ally Financial	$600m	Lending Capital
Apr 2017	N/A	$225m Valuation: $2.0b	IPO
Mar 2020*	N/A	$600m	Post IPO Equity
Sep 2023*	N/A	N/A	Post IPO Debt
Total Funding		€146m

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Carvana Aug 2017

exited

ACQUISITION by Carvana Apr 2018

ACQUISITION by Carvana Feb 2022