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Carwow - About the company

Carwow is a series E company based in London (United Kingdom), founded in 2010 by Alexandra Margolis and David Santoro. It operates as an Online marketplace to buy new cars. Carwow has raised $178M in funding from investors like Accel, Bessemer Venture Partners and ITV, with a current valuation of $*****. The company has 250 active competitors, including 12 funded and 20 that have exited. Its top competitors include companies like Copart, Cazoo and AutoScout24.

Company Details

Online marketplace that allows buyers to compare new car offers & buy directly from trusted dealers that are registered with the platform. Buyers can explore cars by specifying make/model, features & more, and then receive offers directly from the dealers. They can then quickly compare offers by price & location of the dealer, reviews of the dealer & what’s actually in stock.
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Key Metrics
Founded Year
2010
Location
Stage
Series E
Total Funding
$178M in 12 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 25, 2019
Investors
Ranked
Annual Revenue
£50M - £100M as on Dec 31, 2024
Employee Count
610 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
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Carwow's funding and investors

Carwow has raised a total funding of $178M over 12 rounds. Its latest funding round was a Series E round on Jul 14, 2024 for $*****. 5 investors participated in its latest round. Carwow has 20 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of Carwow:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 14, 2024
4806766
Series E
6390970
3410709
3866559
6299234
Nov 15, 2023
5551074
Series C
9057318
1439810
7098397
6271237
Apr 26, 2022
2972946
Series C
9991696
1354135
5212137
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Carwow's founders and board of directors

Founder? Claim Profile
The founders of Carwow are Alexandra Margolis and David Santoro.
Here are the details of Carwow's key team members:

Carwow's Board of Directors

Carwow's board has 4 active members. James Hind, Thomas Studd and David Santoro are part of team and Simon Thomas Murdoch is independent board member.
Here is the list of Carwow's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
16y 10m
Team
-
Current
14y 1m
mba{vbl
Team
-
Past
9y 9m
oucqaym
Team
-
Current
9y 4m
Independent board member
-
Current
8y 1m
tvveehq
Independent board member
-
Past
7y 6m
aawlwad
Independent board member
-
Past
3y 6m

Carwow's employee count trend

Carwow has 610 employees as of Sep 26. Here is Carwow's employee count trend over the years:
Employee count trend for Carwow
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Carwow's Competitors and alternates

Top competitors of Carwow include Copart, Cazoo and AutoScout24. Here is the list of Top 10 competitors of Carwow, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Copart
Copart
1982, Dallas (United States), Public
Online marketplace for used and salvaged vehicles
$1.1M
-
73/100
2nd
Logo for Cazoo
Cazoo
2018, London (United Kingdom), Series D
Operator of a digital marketplace for buying used motor vehicles
$563M
73/100
3rd
Logo for Carwow
Carwow
2010, London (United Kingdom), Series E
Online marketplace to buy new cars
$178M
71/100
4th
Logo for AutoScout24
AutoScout24
1998, Grunwald (Germany), Acquired
Operator of an online platform for buying and selling automobiles
-
-
71/100
5th
Logo for CarGurus
CarGurus
2006, Cambridge (United States), Public
Online retailer of used and new cars with financing options
$1.75M
68/100
6th
Logo for Auto Trader
Auto Trader
1977, Manchester (United Kingdom), Public
Online used car listing platform
-
65/100
7th
Logo for Group1 Automotive
Group1 Automotive
1997, Houston (United States), Public
Provider of new & used cars and trucks dealership services
-
63/100
8th
Logo for HeyCar
HeyCar
2017, Berlin (Germany), Acquired
Online B2C listing platform for used cars
-
62/100
9th
Logo for Arnold Clark
Arnold Clark
1954, Glasgow (United Kingdom), Unfunded
Online listing platform of used and new cars
-
-
61/100
10th
Logo for Motorpoint
Motorpoint
1998, Derby (United Kingdom), Public
Online listing platform for used & new cars
-
58/100
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Looking for more details on Carwow's competitors? Click here to see the top ones

Carwow's Investments and acquisitions

Carwow has made 1 investment in Jigcar and acquired Autovia and Wizzle.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 29, 2024
Investments
2024
Feb 14, 2024
Acquisition
2021
Jun 15, 2021
Acquisition
2013
Christchurch (United Kingdom)
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Reports related to Carwow

Here is the latest report on Carwow's sector:

News related to Carwow

lockFilter this list
Media has covered Carwow for a total of 8 events in the last 1 year, 5 of them have been about company updates and 2 about partnerships.
•
Carwow Bolsters Executive Team with Key AppointmentsMotor Trader•May 05, 2026•Carwow
•
Carwow Reveals Most Profitable Makes and Models of Q1Motor Trader•Apr 09, 2026•Carwow
•
Carwow reveals most profitable brand of Q4Motor Trader•Jan 13, 2026•Carwow
•
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