CARGURUS INC (CARG)

Company Profile

Cargurus, Inc. is an online automotive platform, which engages in buying and selling vehicles that is building upon its listings marketplace with digital retail solutions and the CarOffer digital wholesale platform. The company is headquartered in Cambridge, Massachusetts and currently employs 1,343 full-time employees. The company went IPO on 2017-10-12. The CarGurus platform enables consumers to buy and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, instantly acquire, effectively market, and quickly sell vehicles, all with a nationwide reach. The firm operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides marketplace services for customers within the United States. The Digital Wholesale segment provides Dealer-to-Dealer and Instant Max Cash Offer (IMCO) services and products which are sold on the CarOffer platform. The firm operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. The company also operates the Autolist and PistonHeads online marketplaces in the United States and the United Kingdom.

Company Info

CARGURUS INC

55 Cambridge Parkway, 6Th Floor

Cambridge MASSACHUSETTS 02141

P: 16173540068

CEO: Jason Trevisan

Employees: 1343

Website: https://www.cargurus.com/