No. 224

Carchex

Hunt Valley, MD
Year 2009
Industry Consumer Products & Services
Founded 2003
Growth 932.5%
2005 Revenue $868,479
2008 Revenue $9.0 million
Employees 53
Website www.Carchex.com

Carchex's Business Model:

Carchex inspects used vehicles anywhere in the country for potential buyers who are too far from the seller to do it themselves. Current CEO Jason Goldsmith bought the company after being impressed with its pre-purchase inspection of a Jaguar he was interested in, and has expanded the company's services to include extended warranties and warranty shopping and comparison tools. Pat Goss of the long-running PBS series MotorWeek has just joined the company as its resident master technician and spokesperson.

Carchex's Revenue Chart

Compare this company's growth rate between 2005 and 2008, with the growth rate during that period of the average company in the industry, according to Sageworks, a research firm.

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Carchex's Trophy Case

Top 100 Inc. 500|5000 Companies

  • By Revenue
  • By Gross Dollars of Growth
  • Owned by Women
  • Owned by Minorities
  • By Industry
  • By Metro Region

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