Insights

Market leadership CarLotz positions itself as the nation’s largest consignment-to-retail used car marketplace, signaling scale and reach that can be leveraged to upsell inventory management, data analytics services, and cross-market promotions to large dealer networks or ancillary service providers.

Merger integration Recent merger activity with Shift Technologies and related workforce reductions indicate opportunities for cost-optimization and technology integration services, including ERP/CRM consolidation, data migration, and shared logistics solutions for merged operations.

Tech stack leverage With a modern tech stack (Databricks, AWS, Ruby on Rails, Selenium) there is potential to offer cloud optimization, data engineering, automated testing, and scalable e-commerce enhancements to improve performance, reliability, and onboarding for new sellers.

Financial health signals Revenue in the reported range and significant funding suggest room for growth-focused partnerships in marketing automation, inventory valuation tooling, and performance analytics to drive sell-through and gross margin improvements.

Sustainability & customer experience As a consignment-to-retail marketplace emphasizing value for buyers and sellers, there are sales opportunities in customer experience analytics, loyalty programs, and personalized pricing/financing solutions that can differentiate CarLotz in a competitive used-car market.

CarLotz Tech Stack

CarLotz uses 8 technology products and services including Databricks, Amazon Web Services, Cloudflare CDN, and more. Explore CarLotz's tech stack below.

  • Databricks
    Big Data Processing
  • Amazon Web Services
    Cloud Hosting
  • Cloudflare CDN
    Content Delivery Network
  • Selenium
    Frameworks And Libraries
  • JavaScript
    Programming Languages
  • Microsoft Planner
    Project Management
  • Ruby on Rails
    Web Frameworks
  • AddToAny
    Widgets

Media & News

CarLotz's Email Address Formats

CarLotz uses at least 1 format(s):
CarLotz Email FormatsExamplePercentage
FLast@carlotz.comJDoe@carlotz.com
94%
First.Last@carlotz.comJohn.Doe@carlotz.com
3%
First@carlotz.comJohn@carlotz.com
2%
Last.First@carlotz.comDoe.John@carlotz.com
1%

Frequently Asked Questions

Where is CarLotz's headquarters located?

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CarLotz's main headquarters is located at 8406 West Broad Street Richmond, Virginia 23294 United States. The company has employees across 3 continents, including North AmericaEuropeSouth America.

What is CarLotz's phone number?

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You can contact CarLotz's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is CarLotz's stock symbol?

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CarLotz is a publicly traded company; the company's stock symbol is LOTZ.

What is CarLotz's official website and social media links?

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CarLotz's official website is carlotz.com and has social profiles on LinkedInCrunchbase.

How much revenue does CarLotz generate?

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As of June 2026, CarLotz's annual revenue is estimated to be $259M.

What is CarLotz's NAICS code?

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CarLotz's NAICS code is 3361 - Motor Vehicle Manufacturing.

How many employees does CarLotz have currently?

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As of June 2026, CarLotz has approximately 57 employees across 3 continents, including North AmericaEuropeSouth America. Key team members include Chief Financial Officer: S. K.Founder / Chief Executive Officer: M. B.Annual Fund Director: K. B.. Explore CarLotz's employee directory with LeadIQ.

What industry does CarLotz belong to?

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CarLotz operates in the Motor Vehicle Manufacturing industry.

What technology does CarLotz use?

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CarLotz's tech stack includes DatabricksAmazon Web ServicesCloudflare CDNSeleniumJavaScriptMicrosoft PlannerRuby on RailsAddToAny.

What is CarLotz's email format?

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CarLotz's email format typically follows the pattern of FLast@carlotz.com. Find more CarLotz email formats with LeadIQ.

How much funding has CarLotz raised to date?

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As of June 2026, CarLotz has raised $125M in funding. The last funding round occurred on Jan 22, 2021 for $125M.

When was CarLotz founded?

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CarLotz was founded in 2011.
CarLotz logo

CarLotz

Motor Vehicle ManufacturingVirginia, United States51-200 Employees

CarLotz runs a consignment-to-retail marketplace for used cars, connecting owners who consign their vehicles with buyers through its platform. The business model aims to help sellers maximize value while offering buyers access to a broader selection and potentially better prices.

Based in Richmond, Virginia, the company operates in the motor vehicle sector and serves individual customers looking to buy or sell used cars. It positions itself as the nation's largest consignment-to-retail used car marketplace. In late 2022, CarLotz announced a merger with Shift Technologies.

Section iconCompany Overview

Headquarters
8406 West Broad Street Richmond, Virginia 23294 United States
Phone number
Stock Symbol
LOTZ
NAICS Code
3361 - Motor Vehicle Manufacturing
Founded
2011
Employees
51-200

Section iconFunding & Financials

  • $125M

    CarLotz has raised a total of $125M of funding over 5 rounds. Their latest funding round was raised on Jan 22, 2021 in the amount of $125M.

  • $250M$500M

    CarLotz's revenue is estimated to be in the range of $250M$500M

Section iconFunding & Financials

  • $125M

    CarLotz has raised a total of $125M of funding over 5 rounds. Their latest funding round was raised on Jan 22, 2021 in the amount of $125M.

  • $250M$500M

    CarLotz's revenue is estimated to be in the range of $250M$500M

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