VROOM INC (VRM)

Company Profile

Vroom, Inc. engages in providing an ecommerce platform for the buying and selling of used vehicles. The company is headquartered in Houston, Texas and currently employs 1,323 full-time employees. The company went IPO on 2020-06-09. The firm's data-driven technology brings all phases of the car buying and selling process to consumers and offers a selection of used vehicles, and at-home pick-up and delivery. The company offers integrated, real-time, individualized financing solutions. Its segments include Ecommerce, Wholesale and Retail Financing. The Ecommerce segment represents retail sales of used vehicles through the Company’s ecommerce platform, fees earned on vehicle financing originated by its subsidiary, United Auto Credit Corporation (UACC’s), or its third-party financing sources and sales of value-added products associated with those vehicles sales. The Wholesale segment represents sales of used vehicles through wholesale channels. The Retail Financing segment represents UACC’s operations with its network of third-party dealership customers, including the purchases and servicing of vehicle installment contracts.

Company Info

VROOM INC

3600 W Sam Houston Pkwy S, Floor 4, 11th Floor

Houston TEXAS 10018

P: 16469794746

CEO: Paul J. Hennessy

Employees: 1323

Website: https://www.vroom.com