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Vroom Raises $50M, Easy To Buy Used Cars Online

Hoping to be the top seller of used cars online, Vroom Inc. has raised $50 million in a Series E round of equity funding, bringing its total capital raised to $218 million. CEO Paul Hennessy drew parallels between online travel agencies and Vroom. On the seller-side, users can upload photos of their vehicle along with a VIN number via smartphone app to attain a quote from Vroom, and soon get their cars picked up.

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