TrueCar

TRUE · NASDAQ

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About TRUE

TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. The company is headquartered in Santa Monica, California and currently employs 348 full-time employees. The company went IPO on 2014-05-16. The firm is developing a car-buying experience accessible to consumers on its TrueCar-branded Website and mobile applications as well as co-branded websites operated in partnership with over 250 brands and organizations such as Sam’s Club, AAA, and Navy Federal Credit Union. The company simplifies the car-buying process for consumers by providing a personalized digital shopping experience that helps shoppers discover and compare vehicles with proprietary content and data-driven rankings; become informed on a vehicle’s fair market price; appraise the value of a vehicle they want to trade or sell; explore competitive financing solutions, and others. Its nationwide network of Certified Dealers extends across all 50 states and the District of Columbia and consists of both new car franchise dealers and independent dealers exclusively selling used vehicles.

Employees
348
Headquarters
Santa Monica, California
Listed
May 16, 2014
Sector
Communication Services
Industry
Interactive Media & Services

Leadership

TrueCar executives
NameTitleSince
Scott Painter—2005
Jeffrey Swart——

Revenue by product and region

Fiscal year ended Dec 31, 2024: $175.60M total revenue

By product

  • Dealer revenue$157.93M89.9%
  • OEM incentives revenue$16.90M9.6%
  • Other revenue$772.00K0.4%

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