Edmunds
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Growth Equity VC | ||
* | $50.0m | Private Placement VC | |
$404m Valuation: $404m | Acquisition | ||
Total Funding | €45.5m |
Recent News about Edmunds
EditEdmunds.com operates as an online automotive marketplace, providing comprehensive tools and resources for car buyers and sellers. The platform offers detailed car reviews, price comparisons, and buying guides for both new and used vehicles. Edmunds serves a wide range of clients, including individual car buyers, dealerships, and automotive manufacturers. The company operates in the automotive market, leveraging its extensive database and expert reviews to assist users in making informed purchasing decisions. Edmunds generates revenue through advertising, lead generation for dealerships, and premium subscription services. The business model focuses on providing value-added services that enhance the car buying and selling experience, such as instant used car value appraisals and electric vehicle buying guides. Edmunds is an affiliate of CarMax, Inc., but operates as a separate entity in terms of handling personal information and data.
Keywords: automotive marketplace, car reviews, price comparisons, buying guides, new vehicles, used vehicles, dealerships, lead generation, electric vehicles, value appraisals.