6 years ago

Cazoo Secures £100 Million to Transform Online Car Buying in the UK

  • Cazoo, an online car retailer based in the UK, has raised £100 million in a Series B funding round led by DMG Ventures

  • The company, founded by Alex Chesterman, aims to make buying a car online as easy as buying any other product

  • The funding will be used to accelerate Cazoo's growth and its mission to shift the UK car buying market online.

      • ProblemTechnology

      "Buying a car is a time-consuming and stressful process, involving visiting multiple dealerships, negotiating prices, and dealing with paperwork. "

      Solution

      "Cazoo offers a convenient and hassle-free way to buy a car online. Customers can browse a wide selection of cars, get instant financing, and have their car delivered to their door in a two-hour window. "

      Covered on