Vroom Brings In $76 Million

Used car marketplace Vroom completed $76 million in Series F financing. Four investors contributed to the round: T. Rowe Price, L Catterton Partners, General Catalyst Partners, and PICO Venture Partners.

Vroom is an online platform that enables individuals to buy, sell, and trade in refurbished used cars. Its smartphone application allows users to filter their searches by body type, year, price, mileage and make, and to get purchased cars delivered to their doorsteps. The company also helps customers find the right financing options with the best rates from among their partner banks. Users can browse to find suitable cars and get cars delivered to their homes for seven-day test drives before purchasing the vehicles.