PYMNTS
DECEMBER 6, 2019
Durable Capital Partners led the round, and T. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products.
PYMNTS
AUGUST 5, 2020
The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. Rocket Companies, the parent of mortgage lending giant Quicken Loans , reduced its terms to go public, Bloomberg reported. Last month, Gilbert sought an IPO for $3.3 which is owned by Gilbert.
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CB Insights
FEBRUARY 1, 2019
Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.
PYMNTS
JUNE 8, 2020
In December of last year, Vroom notched $254 million in a Series H funding round led by Durable Capital Partners. Vroom had previously said it would use the funding to grow its workforce, operations, marketing and technology in addition to products. L Catterton, T. Rowe Price Associates and others participated.
PYMNTS
JULY 24, 2018
In a press release , the Detroit car maker said the new unit will also be charged with accelerating the autonomous vehicle (AV) business so that Ford can capitalize on market opportunities. Ford said that by closely aligning the self-driving platform and the mobility solutions teams, it will enable faster development of businesses.
PYMNTS
JANUARY 16, 2020
The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. More Funding.
CB Insights
OCTOBER 9, 2018
Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Cashier-less technology is one of the latest trends to dominate conversation. The technologies supporting a cashier-less environment.
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