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Cazoo raised $116m in a DMG Ventures-led funding round.

Financials

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Transaction Value£100m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Minority

Completed

Venture Capital

automobiles retailer

Private

Friendly

United Kingdom

Private Equity

E-commerce

Synopsis

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Cazoo, an online car retailer, raised $116m in a DMG Ventures-led funding round. This funding round was also backed by General Catalyst, CNP, Mubadala Capital, Octopus Ventures, Eight Roads Ventures and Stride.VC. “This new round of funding is a strong signal from investors of the scale of the opportunity. Our mission is to deliver the best experience for car buyers across the UK by delivering better selection, value, convenience and quality,” Alex Chesterman, Cazoo Founder & CEO.

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