About Copart
Copart operates an online vehicle auction platform that connects buyers and sellers of salvage and clean title vehicles. Sells happen on behalf of insurance companies, banks, finance companies, fleet owners, car dealerships, the general public, and other sellers. Inventory can include damaged vehicles suitable for rebuild projects as well as like-new used vehicles.
The company’s auction marketplace is built around its VB3 technology and is used by dealers, dismantlers, rebuilders, exporters, and end users. Buyers can browse inventory and place bids through a computer, smartphone, or other mobile device, so the auction process stays fully online.
Founded in 1982 and headquartered in Dallas, Texas, Copart connects more than 750,000 buyers and sellers from over 200 locations worldwide. It has more than 5,000 employees and operates in the United States, Canada, the United Kingdom, the Republic of Ireland, Brazil, Germany, the United Arab Emirates, Oman, Bahrain, Spain, and Finland.
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Insights
Updated 27 Aug 2026Copart appears to be drawing fresh institutional attention. During the second quarter, several large investors and hedge funds reported new stakes or added positions, including Manulife, HSBC, Commerce Bank, Invst LLC and Expect Equity LLC, and that pattern points to continued investor confidence in Copart’s business services model and stock even as those filings also reflect broader portfolio activity among other large investors.
Copart UK is still putting money into its transport fleet. Fleetpoint says the business has added industry-first DAF XD Estepe 7-car transporters, a move that points to ongoing investment in logistics capacity and fleet modernization across Copart’s online vehicle remarketing and recycling operations.
Fleetpoint describes Copart UK as a global leader in online vehicle remarketing and recycling, and says the new transporters strengthen its market-leading fleet. That is a clear signal. Taken with the institutional buying, the sources point to a business supported by operational investment and positive investor sentiment.
Frequently asked questions
Copart is headquartered in Dallas, Texas, United States.
Copart has 5001-10000 employees according to its company profile.
Copart operates in the Automotive sector. Public valuation figures are not always disclosed for private companies.