T. Rowe Price Group Inc.'s mutual funds upped their stake in online auto retailer Vroom.
New York-based Vroom announced the completion of its $146 million Series G funding round on Tuesday. The round was led by Auto Nation Inc., which invested $50 million in October.
T. Rowe Price's $27 billion New Horizons Fund, which is known for investing in startups before they go public, participated in Vroom's latest funding round. The fund invested $17.8 million in preferred stock as part of the round,…
