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. 

Type
Private
HQ
London, GB
Founded
2015
Size (employees)
2 (est)
CarSpring was founded in 2015 and is headquartered in London, GB
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CarSpring Office Locations

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

Summary Metrics

Founding Date

2015

Total Funding

$9.9 m

Latest funding size

$6.58 m

Time since last funding

10 months ago

Investors

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

Cash (31-Dec-2015)

1.8 m
GBPFY, 2015

Cash

1.8 m

Accounts Receivable

38.1 k

Inventories

366.6 k

Current Assets

2.2 m
Y, 2015

Financial Leverage

1.2 x
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