CarMax Enterprise Services

CarMax is a leading retailer of used and new vehicles, operating approximately 250 retail locations across the United States. Established in 1993 as a division of Circuit City and becoming an independent entity in 2002, CarMax primarily focuses on selling used cars, which represent around 83% of its revenue. The company also engages in wholesale vehicle sales and offers automobile financing services through CarMax Auto Finance. In fiscal 2024, CarMax sold and wholesaled a total of 765,572 and 546,331 used vehicles, respectively. Despite being the largest used-vehicle retailer in the country, CarMax holds an estimated market share of only 3.7% in the segment of vehicles aged 0 to 10 years. The company also provides extended service plans and repair services, contributing to its overall revenue.

Charles Joseph Wilson

Executive Vice President, COO

5 past transactions

UVeye

Series D in 2023
UVeye Ltd. designs and manufactures advanced vehicle inspection systems that leverage high-resolution cameras and computer algorithms to automatically detect anomalies, modifications, and foreign objects in vehicles. Their product line includes stationary and mobile under-vehicle inspection systems, which can identify concealed weapons and contraband while providing 3D imaging of a vehicle's undercarriage. The systems are equipped with license plate recognition capabilities, allowing for efficient database storage and retrieval of vehicle information. UVeye serves a diverse clientele, including government entities such as embassies and military bases, as well as private organizations globally. Founded in 2016 and headquartered in Stamford, Connecticut, UVeye aims to enhance security and maintenance across various sectors, integrating digital solutions into the vehicle inspection process.

Cresta

Series C in 2022
Cresta Intelligence, Inc., known as Cresta, specializes in customer service software tailored for Fortune 500 companies. Its main product utilizes artificial intelligence to transform contact center agents into experts by providing real-time, personalized coaching and quality assurance for both voice and chat interactions. The platform analyzes the performance of top agents to guide users through conversations, enhance their skills, and identify areas for improvement. Additionally, Cresta automates routine tasks such as order entry, lead creation, and account validation, streamlining workflows for greater efficiency. Founded in 2017 and headquartered in San Francisco, California, Cresta aims to empower employees with the tools necessary to excel from their first day on the job.

UVeye

Series C in 2021
UVeye Ltd. designs and manufactures advanced vehicle inspection systems that leverage high-resolution cameras and computer algorithms to automatically detect anomalies, modifications, and foreign objects in vehicles. Their product line includes stationary and mobile under-vehicle inspection systems, which can identify concealed weapons and contraband while providing 3D imaging of a vehicle's undercarriage. The systems are equipped with license plate recognition capabilities, allowing for efficient database storage and retrieval of vehicle information. UVeye serves a diverse clientele, including government entities such as embassies and military bases, as well as private organizations globally. Founded in 2016 and headquartered in Stamford, Connecticut, UVeye aims to enhance security and maintenance across various sectors, integrating digital solutions into the vehicle inspection process.

Edmunds

Acquisition in 2021
Edmunds.com, Inc. operates an online automotive information platform that assists users in researching new and used car prices, comparing vehicles, and accessing car buying advice and reviews. The platform allows users to browse dealer inventories, view shopping tips, and explore a diverse range of vehicles, including SUVs, sedans, trucks, luxury cars, and hybrid and electric models. Additionally, it offers resources such as dealer ratings, reviews, videos, and forums to enhance the car shopping experience. Founded in 1966 and originally known as Edmund Publications Corp., the company is headquartered in Santa Monica, California, with a satellite office in Detroit, Michigan.

Edmunds

Corporate Round in 2020
Edmunds.com, Inc. operates an online automotive information platform that assists users in researching new and used car prices, comparing vehicles, and accessing car buying advice and reviews. The platform allows users to browse dealer inventories, view shopping tips, and explore a diverse range of vehicles, including SUVs, sedans, trucks, luxury cars, and hybrid and electric models. Additionally, it offers resources such as dealer ratings, reviews, videos, and forums to enhance the car shopping experience. Founded in 1966 and originally known as Edmund Publications Corp., the company is headquartered in Santa Monica, California, with a satellite office in Detroit, Michigan.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.