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TrueCar

company

About

TrueCar is an information and technology platform that enables its users to communicate with TrueCar certified dealers.

  • 501 - 1000

Highlights

Total Funding Amount
$200M
Funding Rounds
1
Investors
2
Investments
2

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$200M
Industries
Automotive,Mobile Apps,Public Transportation
Founded date
Jan 1, 2005
Number Of Employee
501 - 1000
Operating Status
Active

TrueCar is an information and technology platform that enables its users to communicate with TrueCar certified dealers.

TrueCar is the authority on new-car pricing. It aggregates multiple data sources to show car buyers and dealers how much people actually paid for a particular car in their geographic area. True Car helps dealers gain real-time, unbiased information about marketplace pricing, helping them know how to price their cars to sell more and gain market share from other dealers.

It was by automotive and technology pioneers Scott Painter and Tom Taira.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$200M
TrueCar has raised a total of $200M in funding over 2 rounds. Their latest funding was raised on Sep 7, 2011 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 7, 2011 Series Unknown $200M 2 — — Detail

Investments

Number of Investments
Number of Lead Investments
2
0
TrueCar has made 2 investments. Their most recent investment was on Oct 26, 2022, when SiMa.ai raised $37M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 26, 2022 SiMa.ai
Series B $37M Artificial Intelligence —
May 25, 2022 SiMa.ai
Series B $30M Artificial Intelligence —

Investors

Number of Lead Investors
Number of Investors
—
2
TrueCar is funded by 2 investors. Redpoint and Allen & Company are the most recent investors.
Investor Name Lead Investor Funding Round
Redpoint — Series Unknown
Allen & Company — Series Unknown
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