Carwow

Carwow is a smart new car buying site that helps customers choose and purchase a car. Launched originally a car research site, Carwow then created a platform to buy new cars through the site direct from franchised dealers. Three reasons to use Carwow include: Massive savings - Dealers give their best price on the cars you want. Compare offers by discount, location & delivery time. No need to haggle and no hidden costs. A great experience - Our handpicked dealers are helpful, not pushy. You choose if you want to message or call them, they can’t hassle you. Buying your new car should be enjoyable! Complete trust - Buy direct from a main UK dealer with reviews from previous buyers. No online payment, collect your car from their showroom or have it delivered.

Company Growth (employees)

Type

Private

London, GB

Founded

2013

Size (employees)

116 (est)+5%

Website

carwow.co.uk

Carwow was founded in 2013 and is headquartered in London, GB

Key People at Carwow

James Hind

Founder & CEO

Alexandra Margolis

Co-Founder Design & Brand

David Santoro

Co-Founder & CTO

Carwow Office Locations

Carwow has offices in London, Munich, München and Manchester

London, GB (HQ)

6th Floor, New Penderel House, 283 288 High Holborn London

Carwow Metrics

Summary Metrics

Founding Date	2013
Total Funding	$27.5 m
Latest funding size	$18.1 m
Time since last funding	over 1 year
Investors	Balderton Capital, Samos Investments, Accel, Episode 1 Ventures

Carwow's latest funding round in January 2016 was reported to be $18.1 m. In total, Carwow has raised $27.5 m. Carwow's latest valuation is reported to be £49.8 m.

Carwow Financial Metrics

Summary

Source: Company Filings,

Balance Sheet

	FY, 2013	FY, 2014	FY, 2015
Cash	£125.1 k	£5.1 m	£12 m
Accounts Receivable	£64.5 k	£268 k	£3.3 m
Current Assets	£189.6 k	£5.4 m	£15.3 m
PP&E	£3 k	£12 k	£204 k
Total Assets	£192.6 k	£5.4 m	£15.5 m
Accounts Payable	£62.9 k	£275.3 k	£569 k
Current Liabilities	£62.9 k	£275.3 k	£569 k
Total Equity	£129.7 k	£5.2 m	£14.9 m
Financial Leverage	1.5 x	1.1 x	1 x