CarSpring

Carspring is a European online used car dealership. Its business is built on the belief that the used car market isn’t transparent. Therefore, the Company wants to bring convenience and confidence to a market where both are distinctly lacking. It offers confidence through meticulous multi-stage inspection process and wide ranging guarantees for both buyer and seller. Carspring is moving the experience away from having to trawl around dodgy dealerships and haggle with cheap-suited salespeople to a faster, fairer and easier alternative. 

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2015
Size (employees)
16 (est)+7%
CarSpring was founded in 2015 and is headquartered in London, GB

CarSpring Office Locations

CarSpring has an office in London
London, GB (HQ)
Oxford House 76 Oxford St

CarSpring Data and Metrics

Summary Metrics

Founding Date

2015

Total Funding

$9.9 m

Latest funding size

$6.6 m

Time since last funding

17 days

Investors

CarSpring's latest funding round in August 2017 was reported to be $6.6 m. In total, CarSpring has raised $9.9 m

CarSpring Financial Metrics

GBP

Cash (31-Dec-2015)

1.8 m
GBPFY, 2015

Cash

1.8 m

Accounts Receivable

38.1 k

Current Assets

2.2 m

PP&E

5.9 k

Total Assets

2.2 m

Accounts Payable

152 k

Current Liabilities

152 k

Total Liabilities

288.2 k

Total Equity

1.9 m

Financial Leverage

1.2 x
Y, 2015

Financial Leverage

1.2 x

Traffic Overview of CarSpring

CarSpring Online and Social Media Presence

CarSpring News and Updates

UK’s Hellocar secures £1M to to disrupt UK car buying market

 Hellocar, a new car buying website out of the UK, has secured a £1m investment round. The round was led by JamJar Investments, the Innocent Drinks founders’ venture capital fund, and Alex Chesterman, founder and CEO of Zoopla Property Group. Henry Lane Fox, part of the founding team behind lastminu…

CarSpring Company Life and Culture

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