Cazoo: Raised another 100 million pounds ($116 million)
- The funding round was led by DMG Ventures and featured participation from General Catalyst, CNP, Mubadala Capital etc.
- In September of last year, Cazoo’s valuation was around $220 million
- Cazoo’s mission statement involves buying up used cars, selling them online and delivering them to customers doorsteps
- Cazoo has already sold thousands of cars and has delivered all over the U.K.
- The business racked up 20M pounds ($23.3 million) in sales during its first three months
- Buyers can purchase or finance Cazoo vehicles using the internet and can search for part exchanges if needed
