9 years ago

Rockar Secures £5 Million for Digital Car Retail Expansion

  • Rockar, a UK-based innovative motor retailer, has secured £5 million in equity funding from Maven Capital Partners and NVM Private Equity, each committing £2.5 million

  • The funding will be used to expand partnerships with automotive manufacturers, launch more digital stores in shopping centers, and further develop their technology platform

  • Rockar, founded in 2012, offers a digital solution for car manufacturers to streamline their market strategy through its "Buy Button" technology, enabling online purchase completion with options for part-exchange and finance

  • The company currently operates two digital stores in the Bluewater Shopping Centre, Kent, and the Westfield Shopping Centre, East London.

      • ProblemAutomotive

      "making the car buying process more digital and convenient"

      Solution

      "providing an online platform where customers can complete the entire car purchase process, including options for part-exchange and finance"

      Covered on