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CarsDirect is an American online automotive research portal and car buying service based in El Segundo, California, that allows consumers to research, price, purchase, insure and finance a vehicle online.
WalletPop's Lan Nguyen chats with Scott Painter, founder of CarsDirect.com, Zag.com and TrueCar.com. Painter, who fell in love with cars at 14, has founded 30 companies, half in the automotive ...
Scott Painter (born September 30, 1968) is an American investor and entrepreneur in the technology and automotive industries.. In 2016, he co-founded Fair, Inc., a Los Angeles–based automotive financial technology company, with Georg Bauer [1]
That same year, the company was the title sponsor of the 2000 CarsDirect.com 400, an event in the NASCAR Winston Cup Series, to bring attention to online car buying. In 2002, Time Magazine voted the site one of the 50 best in the world. [37] The company changed its name to Internet Brands in 2005. [38]
CarsDirect received the largest round of venture funding in history at $270 million in 1999; CarsDirect pioneered online car buying; CarsDirect is a major website with millions of visitors per month; CarsDirect was the original name of Internet Brands
In December 2015, Scott Painter stepped down as CEO of TrueCar and was replaced by Chip Perry, the former CEO of AutoTrader.com. [26] [27] Under Perry, TrueCar's network of dealerships grew more than 24 percent quarterly over the prior year, as reported in July 2017.
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Carsquare USA was founded by Khurrum Shakir after leaving AOL in 2010 and closed in 2017. [6] The company launched in 2012 as iGrabberAutos. [7] It was one of the exhibitors at the 2013 Everywhereelse.co Startup Conference. [8]