TrueCar

The company's initial partner was Capital One in order for its customers to arrange financing, access upfront pricing, and locate inventory online.[7][8] After a year of development, Scott Painter (Chairman) and Tom Taira (President) introduced TrueCar during the Techcrunch's Startup Battlefield in September 2008, launching it as a separate company from Zag.com.[9] TrueCar gathers automotive retail transaction data from thousands of sources in order to enable consumers "to see what's paid" on any vehicle in the US.[33] Shortly after disappointing first quarter results in 2019, TrueCar announced the immediate resignations of the accountable senior executives, including CEO Chip Perry, CTO/CPO Tommy McClung, CMO Neeraj Gunsager, and EVP Brian Skutta.In May 2020, TrueCar announced a program focused on active military members[36] designed to help offset its loss of the USAA Car Buying Service.
TrueCar logo from 2011 to 2020
True (dating service)PublicTraded asNasdaqRussell 2000 ComponentScott PainterSanta Monica, Californiachairmanpresidentgeneral counselOperating incomeNet incomeAustin, TexasTechcrunchHonk.comautomotive industryracingPenske Media CorporationDragon RacingChip PerryAutoTrader.comLanham ActKelley Blue BookCarGurusU.S. Securities and Exchange CommissionLos Angeles TimesAutomotive News