Vroom paid about $120 million for Vast’s CarStory business. When Vroom stopped selling cars, the software kept working - a revealing tale about the value, and limits, of knowing what a vehicle is worth.
The car-shopping marketplace turned price comparisons into a subscription business. Its retreat from CarOffer shows how much harder the job becomes when software has to move the metal.
The Brazilian platform connects vehicle appraisals with dealers ready to buy. Stellantis paid €54 million to increase its stake to 95% - and the company is taking its model from used cars to heavy machinery.
A model name tells you surprisingly little about a car. JATO turns specifications, finance offers and registration records into a working map of the automotive market - for the businesses deciding what to build, sell and finance.