Vroom Raises $54M In Funding

July 21, 2015 | The used car marketplace Vroom announced that it raised $54 million from investors. One of the named investors includes former Denver Bronco’s quarterback John Elway. Vroom plans to use the funds to expand its platform that buys, fixes and resells used cars on the Internet. The latest investment in Vroom brings total funding in the company to $108 million since it was founded in 2013. Vroom’s service is currently only available in the US. The company is headed by CEO Allon Bloch.