Carwow valued at £250m in a funding round led by Bessemer Venture Partners to expand its online vehicle marketplace.
Amount Raised
£250 Million
Round Type
Funding Round
LondonSoftwareAdvertisingAutomotiveInvestors
Description
Carwow has secured backing from Bessemer Venture Partners, valuing the company at $320m. Existing shareholders including Balderton Capital, Accel, Episode 1, and Vitruvian have also joined in the $52m funding round.
Quick answer
Carwow Group raised £250 Million in a Funding Round round, dated July 14, 2024. Investors: Vitruvian, Episode 1, Accel, Balderton Capital and Bessemer Venture Partners. Carwow Group is based in London, England, United Kingdom.
- How much did Carwow Group raise?
- Carwow Group raised £250 Million in a Funding Round round on July 14, 2024.
- Who invested in Carwow Group?
- Vitruvian, Episode 1, Accel, Balderton Capital and Bessemer Venture Partners are named as investors in this round.
- What does Carwow Group do?
- Carwow Group is an online car sales group with international growth ambitions.
- Where is Carwow Group based and how big is it?
- Carwow Group is based in London, England, United Kingdom. Fundz records about 201 employees.
- Who are the decision-makers at Carwow Group?
- Fundz holds 2 contacts at Carwow Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Advertising and Automotive around the same time
Companies in the same sectors as Carwow Group that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- Parabolic Technologies, Inc. raised $11M on August 26, 2024.
- GoWit raised $1.3M (Funding Round) on August 12, 2024.
- Simple Energy raised $20M (Series A) on July 29, 2024.
- Phyron raised $11M (Series B) on July 9, 2024.
- COMPREDICT raised $15M (Series B) on June 25, 2024.
Who to call at Carwow Group, and when
A new round usually means Carwow Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Carwow Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Carwow Group, from your own LinkedIn network
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Fundz sees it the moment Carwow Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Carwow Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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