CarGurus runs an online marketplace that connects buyers and sellers of new and used cars, mainly in the United States with presence in Canada, the United Kingdom, and Germany. It helps buyers, private sellers, and dealerships search listings, compare prices, and read dealer reviews, with a data-driven ranking that weighs price, dealer reputation, and vehicle history. Revenue comes from dealership subscriptions, advertising, and value-added services like financing options and vehicle history reports. The platform aims to make car buying and selling easier and more transparent by providing clear data and a simple, accessible interface.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Boston, Massachusetts
Founded
2006
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