Carwow

company

About

Carwow is a company that helps efficiently connect car buyers to car dealers.

  • 251 - 500

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
£41.30M
Industries
Automotive,Information Technology,Marketplace,Transaction Processing
Founded date
Jan 1, 2013
Number Of Employee
251 - 500
Operating Status
Active

Carwow is the smart way to choose and buy a new car. The company helps to connect car buyers to car dealers to make the process as efficient and cost-effective as possible while enabling consumers to interact with an official dealer throughout the transaction process. The company's dealer partners sell more cars in the showroom alone while reducing cost inefficiencies and improving stock turnover.

Carwow was founded in 2013 and is headquartered in London, England.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
£66.30M
Carwow has raised a total of £66.30M in funding over 2 rounds. Their latest funding was raised on Dec 6, 2021 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 6, 2021 Debt Financing £41.30M 1 Hercules Capital Detail
Aug 5, 2019 Corporate Round £25M 1 Mercedes-Benz Group AG Detail

Investors

Number of Lead Investors
Number of Investors
2
2
Carwow is funded by 2 investors. Hercules Capital and Mercedes-Benz Group AG are the most recent investors.
Investor Name Lead Investor Funding Round
Hercules Capital Yes Debt Financing
Mercedes-Benz Group AG Yes Corporate Round