Online Used-Car Retailer Vroom Is Looking to Raise $70 Million, Report Says
TechCrunch reported Sunday that the New York-based company has already raised $30 million towards its goal
Vroom was founded in 2013. In July 2017, Vroom raised a $76 million Series F funding round, bringing its total capital raised to $295 million. Investors in the company include Baltimore-based asset management group T. Rowe Price Group, Cambridge, Massachusetts-based venture capital firm General Catalyst, and Israel-based venture fund PICO Venture Partners.