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Acquired | Acquired



About Carstory

CarStory combines AI with a database of inventory and shopper insights to help dealers sell more cars and make more money.On December 15th, 2020, CarStory was acquired by Vroom at a valuation of $120M.

Carstory Headquarter Location

612 W 4th St

Austin, Texas, 78701,

United States

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Latest Carstory News

Vroom’s Acquisition of CarStory

Dec 21, 2020

Latham & Watkins LLP represented Vroom in the transaction. Vroom, an innovative ecommerce platform that offers a better way to buy and sell used vehicles, has entered into a definitive agreement to acquire CarStory, a leader in AI-powered analytics and digital services for automotive retail, through the acquisition of Vast Holdings, Inc. As part of Vroom, CarStory will continue to drive automotive retail innovation by aggregating, optimizing and distributing current market data from thousands of automotive sources and offering its digital retailing services to dealers, top automotive financial services companies and household names in automotive industry research and retailing. Latham & Watkins LLP represented Vroom in the transaction with a corporate deal team led by Bay Area partner Eric Schwartzman (Picture), with Bay Area associates Bret Stancil and Rachelle Polsky. Advice was also provided on capital markets matters by New York partners Marc Jaffe, Ian Schuman and Courtenay Myers Lima; on securities law matters by Washington, D.C. partner Joel Trotter; on benefits and compensation matters by New York partner Bradd Williamson, with New York associates Megan Alessi, Brian DeShannon and Alisa Hand; on data privacy matters by Washington, D.C. partner Jennifer Archie, with Washington, D.C. associate James Smith; on intellectual property and technology transactions matters by New York partner Jeffrey Tochner, with New York associates Pelin Serpin and David Suh; and on tax matters by New York partner Lisa Watts and Chicago partner Enrique Rene de Vera.

  • Where is Carstory's headquarters?

    Carstory's headquarters is located at 612 W 4th St, Austin.

  • What is Carstory's latest funding round?

    Carstory's latest funding round is Acquired.

  • Who are the investors of Carstory?

    Investors of Carstory include Vroom.

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