Vroom, Inc.VRM
What Vroom, Inc. does.
Vroom, Inc. is a holding company that conducts its operations through its subsidiaries. Unless the context otherwise requires, references herein to “Vroom”, the "Company”, “we”, “us” or “our” refer to Vroom and its consolidated subsidiaries.
The Company was incorporated in Delaware on January 31, 2012, under the name BCM Partners III, Corp. On June 25, 2013, the Company changed its name to Auto America, Inc., and on July 9, 2015, the Company changed its name to Vroom, Inc. The Company previously operated an end-to-end ecommerce platform to buy and sell used vehicles through its subsidiary Vroom Automotive, LLC.
Vroom, Inc. completed its initial public offering (“IPO”) in June 2020. In January 2021, the Company completed its acquisition of Vast Holdings, Inc. (d/b/a CarStory) (“CarStory”), an artificial intelligence ("AI") powered analytics and digital services platform for automotive retail. On February 1, 2022, the Company completed its acquisition of Unitas Holdings Corp. (now known as Vroom Finance Corporation), including its wholly owned subsidiaries United PanAm Financial Corp. (now known as Vroom Automotive Financial Corporation) and United Auto Credit Corporation (“UACC”). UACC is a leading automotive finance company that offers vehicle financing to consumers through motor vehicle dealers under the UACC brand.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.4B | $3.2B | $1.9B | $893.2M | $168.8M | $157.5M |
| Net income | -$202.8M | -$370.9M | -$450.5M | -$364.6M | -$165.1M | -$53.0M |
| Free cash flow | -$366.6M | -$597.1M | -$133.3M | -$536.3M | -$100.5M | $68.1M |
More on VRM.
- Vroom, Inc. summary
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- Vroom, Inc. key metrics
- Vroom, Inc. health scores and style box
- Vroom, Inc. earnings
- Vroom, Inc. dividends
- Vroom, Inc. valuation
- Vroom, Inc. ownership and insiders
- Vroom, Inc. peers
Figures from Vroom, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.