Company Directory / Cazoo Ltd

Business Description

Car buying and rental website. Our mission is to transform the way people buy used cars in the UK.

We realised that whilst people love their cars, they don’t always like the process of buying and selling them. So we're creating a totally new way, providing transparency, convenience and peace of mind.

Cazoo was founded in 2018, is backed by leading investors and has a highly experienced management team, led by Founder & CEO, Alex Chesterman OBE.

Alex Gersh, formerly CFO of Paddy Power Betfair Plc, CFO.

Octopus Ventures (14..1.19): "Cazoo, Alex Chesterman’s new venture, has the single-minded aim to ‘Amazon’ the used car market. Carvana has been doing this in the US for some time. Its market cap after five years is over $7bn. Cazoo will be the first company to allow people in the UK to research, view, finance, purchase, trade and order a car online. Convenience and trust, in short supply in the traditional used car industry, is built in through door-to-door 48 hour delivery and a 7 day no-quibble refund policy."

Raised £30m in seed round funding on Dec 2, 2018. Investors:
Octopus Ventures
Stride.VC
Delin Ventures
dmg ventures
Entrée Capital

Registered Address

41 Chalton Street
London
NW1 1JD

Contact Details

Key Data

Sector
5379 Specialty Retailers
Company Number
11624245
Type
Private Limited Company
Company Age
2 years
Incorporated
October 15, 2018
Status
Active
Nature of Business
45112 - Sale of used cars and light goods motor vehicles
Year End
December 31
Accounts Due
September 30, 2021
Latest Accounts
December 31, 2019

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