December 29, 2014 7:36 AM ET

Internet Software and Services

Company Overview of CarGurus LLC

Company Overview

CarGurus LLC is an online automotive community that allows consumers to share information, such as user reviews, photos, and questions/answers about new and used cars. It offers online car shopping service to consolidate and analyze prices on local car listings in real-time to find deals. The company serves the automotive industry. CarGurus LLC was founded in 2006 and is based in Cambridge, Massachusetts.

138 Mount Auburn Street

Cambridge, MA 02138

United States

Founded in 2006

Phone:

617-354-0068

Key Executives for CarGurus LLC

Founder and Chief Executive Officer
President of International & Dealer Operations
Vice President of Business Development
Vice President of Engineering
Compensation as of Fiscal Year 2014.

CarGurus LLC Key Developments

CarGurus Appoints Sam Zales as President of International, Dealer Operations

CarGurus announced that Sam Zales has joined the company as President of International and Dealer Operations. Zales will oversee the company's international expansion and worldwide dealer sales, reporting to CarGurus' CEO, Langley Steinert. Prior to joining CarGurus, Zales was Chief Executive Officer of ClickSquared.

CarGurus Releases New Ranking Algorithm That Automatically Detects and Blocks Suspicious Online Car Listings from User Search Results

CarGurus released a new ranking algorithm that automatically detects and blocks suspicious online car listings from user search results. This latest upgrade to the free car-shopping service enables CarGurus to deliver even more relevant and reliable search results as shoppers look for the best local deals from the best dealers. CarGurus' new algorithm incorporates mathematical models that track typical selling patterns, then identify online listings that have generated a disproportionately high number of customer leads without selling, indicating the listing is being used to "bait" a customer into a dealership. While the majority of dealerships eschew such practices, the minority that advertise bogus listings have the potential to affect a high number of shoppers. New and used car inventory on CarGurus is aggregated from dealerships around the country via electronic feeds from dealers' inventory hosts. While the company offers advertising opportunities to dealerships, CarGurus' organic search rankings are unbiased, driven solely by a mathematical algorithm.

Boston.com Partners with Cargurus.com to Power New and Used Car Searches on Boston.com

Boston Globe Media Partners announced that CarGurus.com will power all new and used car searches on Boston.com beginning January 1, 2014. Under this partnership, Boston.com users will be able to search CarGurus.com's extensive inventory directly from the Boston.com auto section. Boston.com's local sales team will also be able to bring leads from CarGurus.com to local auto dealers. Boston.com and BostonGlobe.com will work with CarGurus.com to deliver future products and services to local dealers, helping them to maximize their exposure and reach the large possible target audience in innovative ways.

Similar Private Companies By Industry

Company Name Region
Fathom Unlimited, Inc. United States
Pacific Decision Sciences Corporation United States
Marks Systems, Inc. United States
PhoneCasting LLC United States
Wipit, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CarGurus LLC, please visit www.cargurus.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.