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RMBL Stock - RumbleON, Inc.


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RumbleON, Inc., headquartered in Irving, Texas, operates a cutting-edge technology-based omnichannel platform focused on the aggregation and distribution of pre-owned vehicles across North America. The company's platform is designed to streamline the buying, selling, trading, and financing of both new and pre-owned vehicles, catering to both dealers and consumers. By leveraging technology, RumbleON facilitates seamless transactions and enhances the efficiency of the vehicle marketplace.

RumbleON's business is organized into three primary segments: Powersports, Automotive, and Vehicle Logistics. The Powersports segment specializes in the distribution of motorcycles, offering a broad range of options for enthusiasts and riders. The Automotive segment focuses on the distribution of cars and trucks, providing a comprehensive selection of pre-owned and new vehicles. The Vehicle Logistics segment plays a crucial role in the transportation of vehicles, managing the logistics of moving vehicles between dealerships and auctions to optimize inventory and sales operations.

The company's platform integrates various functionalities, including online and in-store transactions, to support a diverse range of vehicle-related activities. This includes facilitating vehicle purchases, trades, and financing through its user-friendly digital interface. By providing these services, RumbleON aims to enhance the overall customer experience and streamline the vehicle acquisition process.

Founded as Smart Server, Inc. in 2013, the company rebranded to RumbleON, Inc. in February 2017 to better reflect its focus on the vehicle market. Since its inception, RumbleON has positioned itself as a significant player in the North American vehicle distribution industry, continually advancing its technological capabilities and expanding its service offerings to meet the evolving needs of the market.

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