OverviewSuggest Edit

Carwow is a company that provides a platform for buying new cars from franchised dealers. The platform uses the reverse marketplace model to remove the need for buyers to negotiate with car sellers, users choose the car they would like to buy, along with the various specifications and features, then receive offers directly from dealers. Carwow also provides information to prospective purchasers and gives feedback on rogue dealers.

TypePrivate
Founded2013
HQLondon, GB
Websitecarwow.co.uk
Employee Ratings3.1

Latest Updates

Employees (est.) (Jan 2021)149(+2%)
Revenue (FY, 2018)£19.6 M(+28%)
Cybersecurity ratingBMore

Key People/Management at Carwow

James Hind

James Hind

CEO
Alexandra Margolis

Alexandra Margolis

Co-Founder, Creative Director
David Santoro

David Santoro

Co-Founder, CTO
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Carwow Office Locations

Carwow has offices in London, Paris and Madrid
London, GB (HQ)
10 Bressenden Pl, Victoria
Paris, FR
114 Rue Cardinet
Madrid, ES
Calle de Hermosilla, 48
Show all (3)

Carwow Financials and Metrics

Summary Metrics

Founding Date

2013

Carwow total Funding

$100.7 m

Carwow latest funding size

$5.82 m

Time since last funding

a year ago

Carwow investors

Carwow's latest funding round in October 2019 was reported to be $5.8 m. In total, Carwow has raised $100.7 m
Show all financial metrics

Carwow Revenue

Carwow's revenue was reported to be £19.55 m in FY, 2018
GBP

Revenue (FY, 2018)

19.6m

Gross profit (FY, 2018)

18.7m

Gross profit margin (FY, 2018), %

95.7%

Net income (FY, 2018)

(15.6m)

EBIT (FY, 2018)

(15.9m)

Cash (31-Dec-2018)

4.9m
GBPFY, 2010FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.3m9.0m15.3m19.6m

Cost of goods sold

14.7k197.6k470.5k612.0k834.3k

Gross profit

3.1m8.5m14.7m18.7m

Gross profit Margin, %

94%95%96%96%
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

871.03.1k5.8k125.1k5.1m12.0m6.5m20.6m4.9m

Accounts Receivable

58.016.064.5k268.0k576.3k1.5m3.0m4.7m

Inventories

Current Assets

3.7k3.2k5.8k189.6k5.4m15.3m9.5m25.6m10.6m
GBPFY, 2010FY, 2015FY, 2016FY, 2017

Net Income

(18.0k)(2.6m)(6.2m)(7.9m)

Cash From Operating Activities

(5.4m)(5.2m)(8.5m)

Cash From Financing Activities

12.4m1.9k22.8m

Net Change in Cash

6.8m(5.5m)14.1m
GBPFY, 2010

Financial Leverage

-0.2 x
Show all financial metrics

Carwow Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Carwow Online and Social Media Presence

Embed Graph

Carwow News and Updates

Carwow backer Episode 1 revs up with new £60m venture capital fund

Episode 1, the software-focused venture capital firm, has launched a new £60m fund to seed UK entrepreneur-led companies. The Enterprise Capital Fund is 60 per cent larger that Episode 1's first, and received investment from the likes of the British Business Bank and later-stage venture capital f…

UK-based Carwow raises £30 million for its online car marketplace

London-based Carwow, an online car marketplace, has raised £30 million in a Series C funding round. The investment was led by Virtuvian Partners, with participation from previous investors Accel Partners and Balderton Capital. The company has raised a total of £48 million. The post UK-based Carwow r…

Carwow Frequently Asked Questions

  • When was Carwow founded?

    Carwow was founded in 2013.

  • Who are Carwow key executives?

    Carwow's key executives are James Hind, Alexandra Margolis and David Santoro.

  • How many employees does Carwow have?

    Carwow has 149 employees.

  • What is Carwow revenue?

    Latest Carwow annual revenue is £19.6 m.

  • What is Carwow revenue per employee?

    Latest Carwow revenue per employee is £131.2 k.

  • Who are Carwow competitors?

    Competitors of Carwow include Clutch, Maihaoche and ePlane.

  • Where is Carwow headquarters?

    Carwow headquarters is located at 10 Bressenden Pl, Victoria, London.

  • Where are Carwow offices?

    Carwow has offices in London, Paris and Madrid.

  • How many offices does Carwow have?

    Carwow has 3 offices.