socalTECH

FEBRUARY 15, 2019

Santa Monica-based TrueCar announced late Thursday that it has acquired a 20 percent stake in Accu-Trade , a provider of vehicle apparisal technology. TrueCar said that it will use Accu-Trade to power its TrueCar Trade platform, which will offer up user-friendly, real-time valuations for consumers trading their cars into dealers.

Truecar 133

Truecar Santa Monica Mobile Tool 133

socalTECH

APRIL 4, 2014

Santa Monica-based TrueCar has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. 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.

Truecar 159

Truecar Anthem Santa Monica Pricing 159

socalTECH

FEBRUARY 26, 2013

In a sign of how large of an effect Santa Monica-based TrueCar has had on the automotive industry, the company said Tuesday afternoon that its dealer partners have just surpassed 700,000 new and used vehicles sold using its sites. TrueCar's data from those purchasing programs fuel the data it uses on its consumer facing website.

Truecar 174

Truecar Sales Software Review Pricing 174

socalTECH

DECEMBER 13, 2010

Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, reports this morning that it has now sold more than 200,000 cars through its online car buying and pricing platform. TrueCar said the number comes less than a year from when it reached an initial, 100,000 car sales, which occurred earlier this year.

Truecar 174

Truecar Zag Santa Monica Pricing 174

socalTECH

APRIL 8, 2009

Santa Monica-based TrueCar , the automotive pricing spinout of Zag, said today that it is targeting dealers with a new web site, to help dealerships price vehicles based on market data. TrueCar said that the new service will help dealers to "optimize" their vehicle pricing. Tags: truecar automotive. READ MORE>>.

Truecar 113

Truecar Zag Santa Monica Pricing 113

socalTECH

AUGUST 18, 2009

Santa Monica-based TrueCar , the automotive pricing spinout of Zag Automotive, annoucned today that it has hired the Chief Evangelist from Edmunds. Tags: truecar executive edmunds automotive pricing. Toprak spent nine years at Edmunds, in addition to earlier experience at automotive franchises. READ MORE>>.

Edmunds 100

Edmunds Truecar Zag Santa Monica 100

Both Sides of the Table

JULY 1, 2010

The consumer product they’ve created is called TrueCar. Company plans to use the capital to build out sales and marketing and r&d. -a Makes money by partnering with brands and marketers to publish location-triggered content. Company reports 250,000 users in 49 countries with 1mm+ application downloads.

Zag 248

Zag Truecar Venture Capital CarsDirect 248