CarGurus is an online automotive research and shopping website that assists users in comparing local listings for used and new cars and contacting sellers.

CarGurus is building the world’s most trusted and transparent automotive marketplace where it’s easy to find great deals from top-rated dealers and sellers.

CarGurus was founded in 2006 by Langley Steinert, a co-founder of TripAdvisor. The company is headquartered in Cambridge, MA. In addition to the United States, CarGurus operates online marketplaces in Canada, the United Kingdom, Germany and Italy. Their offices are located in Cambridge, MA; Detroit, MI; and Dublin, Ireland.

CarGurus uses proprietary technology, search algorithms and innovative data analytics to simplify the process of car shopping and selling. Users can search for specific cars in their local area and compare listings by price, features, and dealership reputation. The company also offers a discussion platform for car enthusiasts and automotive experts, who submit questions, offer insight, gather and share information, and provide reviews.

CarGurus ranked on the Inc. 500 Fastest Growing Private Companies in 2011, 2012, and 2013, and the Inc. 5000 in 2014, 2015, and 2016. The company was also named to Forbes' Most Promising Companies list in 2015. The company is based in Cambridge, MA. 


CarGurus went public in Oct 11, 2017 where they raised $150M at a $1.7B IPO valuation. The company has acquired PistonHeads in Dec 4, 2018.



  • Year founded: 2006
  • Funding Info: $1.8M in 1 funding round (Last funding type: Series A) The company went public on Oct 11, 2017 & raised $150M at a valuation of $1.7B
  • Yearly Revenue: $400M-$500M (2018)
  • Employee Size: 501-1000
  • Business Valuation: IPO valuation $1.7B as of Oct 11, 2017
  • City/Town: Cambridge
  • State: Massachusetts
  • Country: United States
Related businesses