# Carvana funding: rounds and investors > Carvana has raised $399M across 4 rounds since 2013. Investors include Y Combinator, Citibank and JP Morgan. Every round with its source. Source: https://millionrounds.com/company/carvana (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Carvana* 4 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Automotive & EVs Internet Raised 12 months ago Funding summary Updated 26 Oct 2026 **$399M** raised across 4 rounds since 2013, from 5 sources **$50M** Series A **$90M** Series B **$160M** Series C **$99M** Debt - **Latest round:** Debt, $99M Nov 2025 - **Biggest round:** $160M Series C · Aug 2016 - **Investors:** 4 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2013 2015 2017 2019 2021 2023 2025 **$50M** Series A **$90M** Series B **$160M** Series C **$99M** Debt - **First round:** Series A, $50M - **Biggest round:** $160M - **Usual gap between rounds:** 2.3 years ## The rounds - **Nov 2025** Debt **$99M** *4 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Citibank](https://millionrounds.com/fund/citi) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Source recorded - **Aug 2016** Series C **$160M** No investor was named in the report. Reported by FinSMEs and 1 other - **May 2015** Series B **$90M** No investor was named in the report. From a historical funding record - **Jan 2013** Series A **$50M** No investor was named in the report. From a historical funding record ## Founders and team From the SEC filings it signed: 6 on the team. - **Benjamin Huston** Executive Officer i - **Daniel Gill** Executive Officer i - **Ernie Garcia** Executive Officer, Director i - **Mark Jenkins** Executive Officer i - **Paul Breaux** Executive Officer i - **Ryan Keeton** Executive Officer i On the board, as filed i *Dan Quayle* *Greg Sullivan* *Ira Platt* *Michael Maroone* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2013 **Series B** 2015 **Series C** 2016 **Debt** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Citibank](https://millionrounds.com/fund/citi) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) ## Everyone who backed them [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round [JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=carvana). ## Quick answers about Carvana ### Who invested in Carvana? Carvana's investors include Y Combinator, Citibank, JP Morgan and JP Morgan Chase. ### How much has Carvana raised? Carvana has raised $399M across 4 rounds since 2013. ### When did Carvana last raise? Carvana's most recent round was a Debt of $99M in Nov 2025. ### What was Carvana's biggest round? Carvana's largest round on record is $160M (Series C), in Aug 2016. ### Who backed Carvana first? Carvana's first round on record, in Nov 2025, was backed by Y Combinator, Citibank and JP Morgan and 1 others. ### What stage is Carvana at? Carvana's latest named round is a Debt, in Nov 2025. ### Where is Carvana based? Carvana is based in the United States. ## Companies like Carvana In the same sector, and raised in the last eighteen months. [**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**American Metal** $1.7M · Oct 2026](https://millionrounds.com/company/american-metal)[**Flai** $32M · Oct 2026](https://millionrounds.com/company/flai)[**Waymo** $27B · Oct 2026](https://millionrounds.com/company/waymo) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app