The financing provides multi-year capital to support international expansion and reinforce liquidity.
Cazoo
Cazoo is an online used car marketplace that redefines how consumers buy, finance and lease vehicles.
Cazoo operates an online marketplace for buying, financing and leasing used cars across the UK and continental Europe.
Categories
Founders
Alex Chesterman
Founder & CEO
Alex brings founding and executive experience from ZPG, Cazoo, and LOVEFiLM. He previously held leadership roles at Bagelmania and Planet Hollywood International.
Investors
- $630M
- £240M
- £25.0MDraper EspritLead
General CatalystFollow-on
- £100M
- £25.0MGeneral CatalystLead
MMubadalaLead - £25.0M
- £30.0M
Funding history
The financing round was led by General Catalyst alongside several other prominent institutional investors.
The investment was led by Draper Esprit and pushes total funding past £200m.
The financing round was led by DMG Ventures to accelerate the shift to digital vehicle retail.
General Catalyst and Mubadala Capital led the Series A round to support team growth and marketing efforts.
The round was led by dmg ventures, Stride, Octopus Ventures, and Entrée Capital to support team growth and operational expansion.
The pre-seed investment was led by DMG Ventures with participation from Stride Capital, Octopus Ventures and Entree Capital to fund team expansion and operational growth.
