TrueCar Overview

  • Founded
  • 2005

Founded
  • Status
  • Public

  • Employees
  • 428

Employees
  • Stock Symbol
  • TRUE

Stock Symbol
  • Investments
  • 11

  • Share Price
  • $2.62

  • (As of Friday Closing)

TrueCar General Information

Description

TrueCar Inc is a data-driven online platform operating on common technology infrastructure, powered by proprietary data and analytics. It also customizes and operates its platform for affinity group marketing partners, including financial institutions like PenFed and American Express; membership-based organizations like Consumer Reports, AARP, Sam's Club, and AAA; and employee buying programs for large enterprises such as IBM and Walmart. The company enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar Certified Dealers.

Contact Information

Website
www.truecar.com
Formerly Known As
Zag.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Automotive
Other Industries
Information Services (B2C)
Stock Exchange
NAS
Primary Office
  • 120 Broadway
  • Suite 200
  • Santa Monica, CA 90401
  • United States
+1 (800) 000-0000

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TrueCar Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.62 $2.61 $2.50 - $4.74 $237M 90.4M 560K -$0.44

TrueCar Financials Summary

In Thousands,
USD
TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 167,763 108,338 296,433 378,592
Revenue 210,126 231,698 278,678 335,046
EBITDA (22,309) (17,641) 5,648 (35,495)
Net Income (42,325) (38,329) 76,544 (54,890)
Total Assets 363,356 387,670 458,061 421,687
Total Debt 30,170 31,553 36,745 43,002
Public Fundamental Data provided by Morningstar, Inc. disclaimer

TrueCar Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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TrueCar Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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TrueCar Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
TrueCar Inc is a data-driven online platform operating on common technology infrastructure, powered by proprietary data
Automotive
Santa Monica, CA
428 As of 2021
00000
000000 - 000 00000

0000.0

aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Ex
0000000000
Chicago, IL
0000 As of 0000
00000
000000 - 000 00000

000000

ute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Exc
0000000000
Tempe, AZ
00000 As of 0000
00.000
00000000 00.000
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TrueCar Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cars.com Corporation Chicago, IL 0000 00000 000000 - 000 00000
0000000 Formerly VC-backed Tempe, AZ 00000 00.000 00000000 00.000
00000000 Formerly VC-backed Cambridge, MA 0000 00000 000000000 00000
0000000 Formerly PE-Backed Santa Monica, CA 000 000000&0
00000000 Angel-Backed Woburn, MA 0 00000
You’re viewing 5 of 9 competitors. Get the full list »

TrueCar Patents

TrueCar Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20200027141-A1 System and method for analysis and presentation of used vehicle pricing data Pending 17-Jul-2018 00000000000
US-20200013075-A1 System and method for correlating and enhancing data obtained from distributed sources in a network of distributed computer systems Pending 09-Jul-2018 00000000000
US-10878435-B2 Method and system for presenting information for a geographically eligible set of automobile dealerships ranked based on likelihood scores Active 04-Aug-2017 00000000000 00
US-20190043071-A1 Method and system for selection, filtering or presentation of available sales outlets in a distributed networked computing environment using spatial and geography based metrics Granted 04-Aug-2017 00000000000 00
US-20210110418-A1 Method and system for presenting information for a geographically eligible set of automobile dealerships ranked based on likelihood scores Pending 04-Aug-2017 G06Q30/0206
To view TrueCar’s complete patent history, request access »

TrueCar Executive Team (45)

Name Title Board Seat Contact Info
Michael Darrow Chief Executive Officer & Board Member
Jantoon Reigersman Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Samuel Salzinger Senior Manager, Lending Solutions
Jill Angel Chief People Officer
Jim Nguyen Co-Founder & Executive Vice President
You’re viewing 5 of 45 executive team members. Get the full list »

TrueCar Board Members (17)

Name Representing Role Since
Barbara Carbone TrueCar Board Member 000 0000
Christopher Claus Self Chairman & Board Member 000 0000
Erin Lantz Self Board Member 000 0000
Faye Iosotaluno TrueCar Board Member 000 0000
Ion Yadigaroglu Ph.D Self Board Member 000 0000
You’re viewing 5 of 17 board members. Get the full list »

TrueCar Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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TrueCar Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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TrueCar Investments & Acquisitions (11)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 00000 06-Jun-2022 0000000000 Business/Productivity Software 0000000 0
000000000 (00 28-Jun-2019 0000000000 Business/Productivity Software 00000 000
0000-00000 14-Feb-2019 000000000 000.00 Business/Productivity Software 0000 0000
0000000000000 07-Dec-2018 0000000000 000.00 Media and Information Services (B2B) 0000 0000
True.com 27-Jan-2014 Merger/Acquisition 00000 Social/Platform Software
You’re viewing 5 of 11 investments and acquisitions. Get the full list »

TrueCar Subsidiaries (2)

Company Name Industry Location Founded
Digital Motors Business/Productivity Software Irvine, CA 2018
0000000000000 Media and Information Services (B2B) Boston, MA 0000
To view TrueCar’s complete subsidiaries history, request access »

TrueCar Exits (4)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000-00000 14-Feb-2019 000000000 000.00 Completed
  • 0000000
000 04-Oct-2011 000000000000000000 Completed
  • 0000000
00000000 08-Nov-2005 000000000000000000 Completed
  • 0000000
Autovista Group Corporate Completed
To view TrueCar’s complete exits history, request access »