Carvana
online used car dealer based in Arizona
Carvana Co. is an American online car retailer based in Tempe, Arizona. Carvana was named to the 2021 Fortune 500 list, one of the youngest companies to be added to the list.
History
Carvana was founded by Ernest Garcia III, Ryan Keeton and Ben Huston in 2012. The company's initial funding round came from the used car retailer and finance company DriveTime. A year later Carvana opened its first iteration of a car vending machine. In 2015, a fully automated, commemorative coin-operated version of the signature car vending machine opened in Nashville, Tennessee. Carvana currently operates over 30 vehicle vending machines in the US.
In April 2017, the company went public and began trading on the New York Stock Exchange under the symbol CVNA. Also in the same year Carvana acquired rival automotive startup Calypso and in this same year Carvana's co-founders were included in Fortune’s 40 Under 40 list in 2017. The following year Carvana spent $22 million to acquire Mark Cuban-backed Car360 for its smartphone technology for taking vehicle photos with 3D computer vision, machine learning, and augmented reality. In 2022, Carvana acquired ADESA, the nation’s second-largest wholesale auto auction chain, for $2.2 billion to increase its real estate footprint.
This brief starts where responsible research should: with the source description of “Carvana” as online used car dealer based in Arizona. Everything that follows is an evidence route, not borrowed authority.
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The citation trail is more important than the brevity of the summary: it shows where individual claims can be examined in context. The source revision retrieved here is dated Sep 19, 2026. The linked authority identifier is Q16247191. None of the 1 selected statements returned an explicit reference. The first chronological checks are 2021, 2012, 2015 and 2017.
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This entry incorporates text from “Carvana” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.