Online car retailer Cazoo has raised a US $630m investment in a process led by Viking Global Investors.
The funding will support Cazoo’s continued growth in the UK and expansion in Europe.
Alex Chesterman OBE, founder & CEO, Cazoo said: “This transaction, where we have raised an additional $630 million, further reinforces the strong belief in Cazoo from new and existing shareholders who, like us, are extremely excited about the huge market opportunity that we have ahead of us. We are now very well funded for the coming years to capitalise on this opportunity and deliver the best car buying and selling experience for consumers across the UK and Europe.”
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