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Company:
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TRUECAR, INC. (TRUE)
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Form Type:
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SC 13G
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Filing Date:
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11/14/2022
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CIK:
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0001327318
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Address:
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1401 OCEAN AVE, SUITE 300
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City, State, Zip:
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SANTA MONICA, California 90401
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Telephone:
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800-200-2000
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$3.15
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Change:
-0.08 (-2.48%)
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Trade Time:
Feb 02
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Market Cap:
$277.56M
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Description of Business
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TrueCar is a leading automotive digital marketplace that enables car buyers to
connect to our network of Certified Dealers. We are building the industry's most
personalized and efficient car buying experience as we seek to bring more of the
purchasing process online.
We have established a diverse software ecosystem on a common technology
infrastructure, powered by proprietary data and analytics. Our company-branded
platform is available on our TrueCar website and mobile applications. In
addition, we customize and operate our platform on a co-branded basis for our
many affinity group marketing partners, including financial institutions like
PenFed and American Express; membership-based organizations like Consumer
Reports, AARP, Sam's Club and AAA; and employee buying programs for large
enterprises such as IBM and Walmart. We enable users to obtain market-based
pricing data on new and used cars, and to connect with our network of TrueCar
Certified Dealers.
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