Carlotz

OverviewSuggest Edit

CarLotz is a physical marketplace that allows used car buyers and sellers to transact with one another safely, efficiently, and anonymously. The CarLotz service enables customers to buy and sell used cars privately without the traditional hassle of arranging meetings, test drives, and negotiations with other buyers and sellers. CarLotz also offers financing, warranties, and other after-market services that aren't typically available in the private market. Our goal is to save people money and to make used car transactions enjoyable and convenient for both buyers and sellers. We aim to redefine the used car marketplace by providing customers with private market values, superior customer service, and transparency while creating an enriching, challenging, and fun career for our employees.
TypePrivate
Founded2011
HQMidlothian, US
Websitecarlotz.com
Employee Ratings4.6

Latest Updates

Employees (est.) (Sep 2019)95(+6%)
Job Openings30

Carlotz Office Locations

Carlotz has offices in Midlothian, Richmond, Chesapeake and Charlotte
Midlothian, US (HQ)
11944 Midlothian Turnpike
Charlotte, US
6501 E Independence Blvd
Chesapeake, US
1447 S Military Hwy
Richmond, US
8406 W Broad St
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Carlotz Financials and Metrics

Summary Metrics

Founding Date

2011

Carlotz total Funding

$37 m

Carlotz latest funding size

$30 m

Time since last funding

2 years ago

Carlotz investors

Carlotz's latest funding round in September 2017 was reported to be $30 m. In total, Carlotz has raised $37 m
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Carlotz Online and Social Media Presence

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Carlotz News and Updates

Auto Financial Group and CarLotz Team Up to Provide a Comprehensive Remarketing Solution

HOUSTON, April 9, 2019 /PRNewswire/ -- Auto Financial Group (AFG) and CarLotz announced today a new remarketing partnership. Through this relationship, AFG's clients will have access to a comprehensive remarketing solution that will not only help simplify their process but will place...

Carlotz Blogs

For the 2nd Time, CarLotz Appears on the Inc. 5000

For the 2nd Time, CarLotz Appears on the Inc. 5000, Ranking No. 435 With Three-Year Revenue Growth of 1,044 Percent Inc. Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies NEW YORK, August 14, 2019 – Inc. magazine today revealed that CarLotz is No. 435 on its annual Inc.…

CarLotz Co-Founders Named EY Entrepreneurs Of The Year 2019 Mid-Atlantic

  Michael Bor, Aaron Montgomery, and Will Boland recognized by global awards program for high growth and leading industry transformation.   CarLotz announced today that Michael Bor, Aaron Montgomery, and Will Boland, CarLotz co-founders, have received the EY Entrepreneur Of The Year® 2019 Mid-Atlant…

CarLotz Co-Founders Finalists for EY Entrepreneurs of the Year

  CarLotz, a used vehicle consignment business with locations in Virginia, North Carolina, Florida, Illinois, and Texas, serving the sale-by-owner and corporate fleet vehicle market, today announced that Michael Bor, Aaron Montgomery, and Will Boland, CarLotz co-founders, are finalists for the EY En…

CarLotz Launches in Texas With New San Antonio Location

CarLotz Continues the Rapid National Expansion of Its Used Vehicle Consignment Store With New San Antonio Location Serving the Greater Southwest United States CarLotz, a Richmond, Virginia-based consignment store for used vehicles, today announced its continued national expansion with its first Texa…

CarLotz Celebrates National Consignment Day as the Smart Way to Buy and Sell

CarLotz is proud to celebrate consignment as the smart and sustainable way to shop, earn money, and extend the lifecycle of a wide variety of items – including used automobiles! National Consignment Day is observed the first Monday of October every year, marking a period of time that CarLotz and oth…

Remarketing best practices for minimizing total cost of ownership

On the surface, managing the total cost of ownership for vehicle fleets seems like a fairly straightforward calculation: Buy the right vehicles at a discounted price with low depreciation rates, take good care of them, maybe recondition them a bit before sale and wholesale them off as quickly as pos…
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Carlotz Frequently Asked Questions

  • When was Carlotz founded?

    Carlotz was founded in 2011.

  • How many employees does Carlotz have?

    Carlotz has 95 employees.

  • Who are Carlotz competitors?

    Competitors of Carlotz include CarPrice, Shift and CarTrade.

  • Where is Carlotz headquarters?

    Carlotz headquarters is located at 11944 Midlothian Turnpike, Midlothian.

  • Where are Carlotz offices?

    Carlotz has offices in Midlothian, Richmond, Chesapeake and Charlotte.

  • How many offices does Carlotz have?

    Carlotz has 4 offices.