TrueCar Files For IPO
socalTECH
APRIL 4, 2014
TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners. The IPO is being underwritten by Goldman, Sachs & Co. TrueCar reported a loss of $22.6M on revenues of $133.958M for the year ended December 13, 2013.
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