How much funding has Carmax raised?

Carmax has disclosed $98.2M raised across 1 round.

Where is Carmax headquartered?

Carmax is headquartered in Richmond, US.

Carmax

NYSE: KMX

Richmond, US · Founded 1993 · Virginia corporation · 17,758 employees on LinkedIn

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CarMax is a national used-vehicle retailer that sells pre-inspected vehicles through fixed-price no-haggle sales, operates wholesale auctions for licensed dealers, and provides auto financing to retail customers. The company serves consumers and dealers through both physical stores and digital channels across the United States.

Founders & leadership

Edwin J. HillExecutive Vice President and Chief Operating Officer

Charles Joseph WilsonSenior Vice President, Store Strategy and Logistics

Shamim Mohammad Executive Vice President - Chief Information and Technology OfficerShamim Mohammad is Executive Vice President and Chief Information and Technology Officer at CarMax, where he oversees digital innovation and technology strategy. Previously, he served as Vice President of IT at BJ's Wholesale and held executive technology roles across retail, travel, hospitality, finance, and technology companies, including early tenure at TravelCLICK.

Enrique Mayor-Mora Executive Vice President, Chief Financial OfficerEnrique Mayor-Mora is Senior Vice President and Chief Financial Officer at CarMax, where he leads financial and strategic planning. He has over 25 years of finance and operations experience at major retail and foodservice companies including Gap Inc. and Denny's, with expertise in financial planning, treasury, capital markets, and international finance.

Jon G. Daniels Senior Vice PresidentJon G. Daniels is Senior Vice President of CarMax Auto Finance at CarMax, a national used-vehicle retailer and auto financing provider.

Darren C. NewberrySenior Vice President, Store Operations

Diane L. Cafritz Executive Vice President, Chief Innovation & People OfficerDiane L. Cafritz is Chief Innovation and People Officer at CarMax, where she has held roles including head of litigation, chief human resources officer, and general counsel and chief compliance officer. She previously was a partner in the litigation department at McDermott, Will & Emery in Washington, D.C., and holds a B.A. in economics and international relations from Tufts University and a J.D. from the University of Virginia School of Law.

William D. NashPresident and Chief Executive Officer

Keith Barr Chief Executive OfficerHe previously spent over three decades in hospitality, including as CEO of IHG Hotels & Resorts, and serves on the board of MGM Resorts International.

Board

Mitchell D. SteenrodBoard director

Robert J. HombachBoard director

David McCreightBoard director

Reported raises · per SEC filings

Form D private placements

$98.2M disclosed across 1 round · 2021

▶$98.2MraisedJun 2021 · 21 investors · Other

Rule 506(c)

Officers, directors & promoters on the filing

Mitchell D. SteenrodDirector
Edwin J. HillExecutive Officer
Robert J. HombachDirector
David McCreightDirector
Charles Joseph WilsonExecutive Officer
Shira GoodmanDirector
Shamim MohammadExecutive Officer
Enrique Mayor-MoraExecutive Officer
Jon G. DanielsExecutive Officer
Darren C. NewberryExecutive Officer
Diane L. CafritzExecutive Officer
William D. NashExecutive Officer, Director
Mark F. O'NeilDirector
Marcella ShinderDirector
Pietro SatrianoDirector
Ronald E. BlaylockDirector
James LyskiExecutive Officer
Sona ChawlaDirector
Thomas J. FolliardDirector
Peter J. BensenDirector
Eric M. MargolinExecutive Officer

Offering amount: $98.2M
Amount sold: $98.2M
First sale: Jun 2021
Incorporated: Corporation, Virginia
Federal exemptions: 06c

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Carmax do?: CarMax is a national used-vehicle retailer that sells pre-inspected vehicles through fixed-price no-haggle sales, operates wholesale auctions for licensed dealers, and provides auto financing to retail customers. The company serves consumers and dealers through both physical stores and digital channels across the United States.
How much funding has Carmax raised?: Carmax has disclosed $98.2M raised across 1 round.
Where is Carmax headquartered?: Carmax is headquartered in Richmond, US.