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.
- Website
- www.carwow.co.uk/
Key Metrics
Founded Year
2010
Location
London, United Kingdom
Stage
Series E
Total Funding
$178M in 12 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 25, 2019
Ranked
3rd among 250 active competitors
Annual Revenue
£50M - £100M as on Dec 31, 2024
Employee Count
610 as on Sep 30, 2026
Legal entities associated with Carwow
Carwow is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CARWOW LTD CIN: 7103079 , United Kingdom, Active | Dec 12, 2009 | £50M - £100M (As on Dec 31, 2024) | - | |
carwow GmbH CIN: HRB224595 , Germany, Active | Dec 31, 2009 | - | - |
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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:
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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 |
View details of Carwow's funding rounds and investors
Carwow's founders and board of directors
Founder? Claim ProfileThe founders of Carwow are Alexandra Margolis and David Santoro.
Here are the details of Carwow's key team members:
- Alexandra Margolis: Co-Founder of Carwow. They serve on the board of 1 company.Contact Info: 2 email addresses
- David Santoro: Founder of Carwow. They serve on the board of 1 company.Contact Info: 1 phone number
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 |
View details of Carwow's Founder profiles and Board Members
Carwow's employee count trend
Carwow has 610 employees as of Sep 26. Here is Carwow's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Copart 1982, Dallas (United States), Public | Online marketplace for used and salvaged vehicles | $1.1M | - | 73/100 |
2nd | Cazoo 2018, London (United Kingdom), Series D | Operator of a digital marketplace for buying used motor vehicles | $563M | 73/100 | |
3rd | Carwow 2010, London (United Kingdom), Series E | Online marketplace to buy new cars | $178M | 71/100 | |
4th | AutoScout24 1998, Grunwald (Germany), Acquired | Operator of an online platform for buying and selling automobiles | - | - | 71/100 |
5th | CarGurus 2006, Cambridge (United States), Public | Online retailer of used and new cars with financing options | $1.75M | 68/100 | |
6th | Auto Trader 1977, Manchester (United Kingdom), Public | Online used car listing platform | - | 65/100 | |
7th | Group1 Automotive 1997, Houston (United States), Public | Provider of new & used cars and trucks dealership services | - | 63/100 | |
8th | Online B2C listing platform for used cars | - | 62/100 | ||
9th | Arnold Clark 1954, Glasgow (United Kingdom), Unfunded | Online listing platform of used and new cars | - | - | 61/100 |
10th | Motorpoint 1998, Derby (United Kingdom), Public | Online listing platform for used & new cars | - | 58/100 |
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 | London (United Kingdom) | |
Feb 14, 2024 | Acquisition | 2021 | London (United Kingdom) | |
Jun 15, 2021 | Acquisition | 2013 | Christchurch (United Kingdom) |
Reports related to Carwow
Here is the latest report on Carwow's sector:
News related to Carwow
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.
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Vchrgd Becomes Exclusive Home Charging Partner for Carwow Leasey CustomersFleetworld•Oct 22, 2026•Carwow
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Carwow Reports Record Turnover of £100m and Pre-Tax Losses of £24.08mMotor Trader•Oct 05, 2026•Carwow
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Carwow's Dr Menton on its recommendation engine power to showcase what shoppers wantRetail Gazette•Jul 08, 2026•Carwow
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Samsung TV Plus Adds Exclusive Carwow Channel for Automotive ContentSamMobile•Jun 30, 2026•Samsung, Carwow
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Kevel Partners with Carwow to Power the Development and Enhancement of its Innovative Marketplace Media PlatformAccess Newswire•Aug 13, 2025•Kevel, Carwow
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Auto Trader and Carwow report surge of interest in EVs following grant announcementMotor Trader•Jul 18, 2025•Carwow, Auto Trader
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