# Copart

**Source:** https://www.startuphub.ai/startups/copart
**Profile type:** Startup

> Global online vehicle auction and remarketing services provider.

## About

Copart is a multinational provider of online vehicle auction and remarketing services, connecting sellers (insurance companies, rental car agencies, fleet operators, etc.) with buyers (dismantlers, rebuilders, dealers, consumers). The company utilizes its proprietary VB3 virtual auction technology to facilitate the sale of used, wholesale, and salvage vehicles worldwide.

## Key facts

- **Slug:** copart
- **Website:** https://www.copart.com/
- **Location:** Dallas, United States
- **Founded:** 1982-01-01
- **Operating status:** Inactive
- **Total funding:** $1M
- **Sectors / tags:** Automotive, Marketplace, E-commerce, Logistics, Remarketing

## Frequently asked

### What does Copart do?

Copart is a multinational provider of online vehicle auction and remarketing services, connecting sellers (insurance companies, rental car agencies, fleet operators, etc.) with buyers (dismantlers, rebuilders, dealers, consumers). The company utilizes its proprietary VB3 virtual auction technology to facilitate the sale of used, wholesale, and salvage vehicles worldwide.

### What is Copart's revenue?

StartupHub estimates Copart's annual revenue at $92K (range $38K to $559K, 31% confidence), based on comparable companies in the sector.

### What is Copart's valuation?

StartupHub estimates Copart's effective valuation at $4.0M (range $2.8M to $6.6M, 24% confidence), based on comparable companies in the sector.

### How much funding has Copart raised?

Copart has raised a total of $1M in funding.

### Where is Copart headquartered?

Copart is headquartered in Dallas, United States.

### When was Copart founded?

Copart was founded in 1982.

### What industry does Copart operate in?

Copart operates in Automotive, Marketplace, E-commerce, Logistics, Remarketing.

### What is Copart's current status?

Copart's current operating status is: Inactive.

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