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CarMax, VC Fund

CarMax

VC Fund

Richmond, United States

CarMax is a VC fund in Richmond focused on Automotive and Machine Learning. CarMax provides an online platform to search for new and used cars, research models, and compare cars.

Total investments:
6
Last investment:
Lead investor:
0%

Last updated:

Industries CarMax invests in

AutomotiveMachine LearningIndustrial AutomationArtificial IntelligenceInternet

Stages CarMax invests in

Series ASeries CSeries DFunding Round

Countries CarMax invests in

United StatesIsraelTaiwan

Contacts

NameEmailPhoneSocials
Adarsh Ramakrishnan Adarsh Ramakrishnan
Ann Yauger Ann Yauger
Brad Perry Brad Perry
Dustin Bennett Dustin Bennett
Gregory Boucher
See all 8 contacts →

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Investment Focus

Industry

  • Automotive 3 (50%)
  • Machine Learning 2 (33%)
  • Industrial Automation 2 (33%)
  • Artificial Intelligence 2 (33%)
  • Internet 1 (17%)
See all 16 industries →

Stage

  • Series A 2 (33%)
  • Series C 2 (33%)
  • Series D 1 (17%)
  • Funding Round 1 (17%)

Country

  • United States 3 (50%)
  • Israel 1 (17%)
  • Taiwan 1 (17%)

Team

NameTitleInvestmentsLinksEmail
Adarsh Ramakrishnan
Adarsh Ramakrishnan Sr. Product Manager
Sr. Product Manager Total investments: 0 Find email
Ann Yauger
Ann Yauger AVP, Digital Products
AVP, Digital Products Total investments: 0 Find email
Brad Perry
Brad Perry Senior Manager, Brand & Digital Product
Senior Manager, Brand & Digital Product Total investments: 0 Find email
Dustin Bennett
Dustin Bennett AVP Application Systems
AVP Application Systems Total investments: 0 Find email
Gregory Boucher Vice President Applications Delivery
Vice President Applications Delivery Total investments: 0 Find email
See all 8 team members →

Investments

CompanyDescriptionRoundLinks
Ship + Track Cars. Fast. $12M / Series A / Mar 12, 2025
Treehouse is a software-enabled service for home electrification, starting with turnkey residential EV charging installation in CA and AZ. $16.6M / Series A / Oct 16, 2024
UVeye develops automated inspection systems for vehicles using AI and proprietary hardware. The company was co-founded by Amir and Ohad Hever in 2016. In 2019, Toyota Tsusho and Volvo led a $31 million Series B, joining W.R. Berkley, F.I.T Ventures, and other previous investors to bring UVeye to a total of $35 million raised in venture capitalfunding.UVeye’s systems have been installed at over 100 sites including vehicle manufacturers, rental companies, logistical centers, dealerships, energy, financial, diplomatic, and other sensitive security facilities. $100M / Series D / May 09, 2023
Cresta uses artificial intelligence to assist sales and service agents with customer service tasks. it provides tools for managing inquiries. Cresta focuses on facilitating communication between agents and customers. $80M / Series C / Mar 17, 2022
UVeye develops automated inspection systems for vehicles using AI and proprietary hardware. The company was co-founded by Amir and Ohad Hever in 2016. In 2019, Toyota Tsusho and Volvo led a $31 million Series B, joining W.R. Berkley, F.I.T Ventures, and other previous investors to bring UVeye to a total of $35 million raised in venture capitalfunding.UVeye’s systems have been installed at over 100 sites including vehicle manufacturers, rental companies, logistical centers, dealerships, energy, financial, diplomatic, and other sensitive security facilities. $60M / Series C / Jul 21, 2021
AIM Technology specializes in the design, development, and integration of vehicle systems and peripheral products. The company works closely with clients to meet diverse automotive needs, ranging from system architecture to component integration. Its services support both functional and performance requirements across various vehicle platforms. AIMTechnology’s approach ensures compatibility and reliability in vehicle system operations. The company serves automotive manufacturers and related industries seeking tailored engineering solutions. $3.7M / Jun 12, 2020

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FAQ

What does CarMax invest in?

CarMax invests primarily in Automotive, Machine Learning and Industrial Automation startups, most often at Series A and Series C stage. Most of the 6 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact CarMax?

Public channels for CarMax include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at CarMax?

The team at CarMax includes Adarsh Ramakrishnan (Sr. Product Manager), Ann Yauger (AVP, Digital Products) and Brad Perry (Senior Manager, Brand & Digital Product), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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