TrueCar, Inc. (NASDAQ: TRUE), the negotiation-free car buying and selling platform, ranked 150 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies, both publicly-traded and private, in North America.
TrueCar previously ranked 154 as a Technology Fast 500™ award winner for 2013.
TrueCar Certified Dealers have sold more than 1.5 million vehicles to TrueCar users. More than 500,000 sales occurred in the last 12 months alone.
Since the company was founded in 2005, TrueCar users have completed vehicle purchases from TrueCar’s nationwide network of Certified Dealers totaling more than $36 billion, and saved $4 billion off MSRP in the process.
“With one out of every four dealers in the U.S. on our network, over 4.6 million unique visitors engaging with TrueCar monthly, and our market share of all new car sales in the U.S. on the rise, TrueCar is transforming into one of the most recognizable and relevant brands in automotive,” said Scott Painter, TrueCar CEO and Founder.
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
