FI  Verde Investments




     Office Locations:

1720 W. Rio Salado Parkway, Suite A
Tempe, AZ 85281
Phone: 602-778-5000

 

Stages:

  • Middle Market


 

Industries:

  • Real Estate & Construction
  • Transportation & Distribution

  •  

    Description:

    Ernest Garcia II, the largest shareholder of Carvana and founder of DriveTime Automotive. Garcia, through Verde Investments, owns 89.3 million shares of Carvana's class A and B common stock, giving him a voting percentage of 91%, according to a Securities and Exchange Commission filing. Verde is also active in real estate investing and has bought an 80-acre parcel in Mesa, AZ to redevelop a shopping center. According to Forbes, Garcia is worth nearly $7 billion.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Ernest Garcia Founder
    Matt Brucker Managing Director

     

    Portfolio companies include:


      Bridgecrest Credit


      Carvana


      SilverRock Automotive


      Verde Outdoor Capital


     

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