When was cinch founded?

cinch was founded in 2019 and become a unicorn in its 1st funding round in 2020.

Where is cinch located?

cinch is headquartered in Farnham, United Kingdom. It is registered at Headway House, Crosby Way, Farnham, Surrey, United Kingdom, GU9 7XG.

How many employees does cinch have?

As of Sep 30, 2026, the latest employee count at cinch is 430.

Is cinch a funded company?

cinch is a funded company, having raised a total of $64.6M in its 1st and only funding round, a Conventional Debt round on Nov 03, 2020.

How much is cinch worth?

The latest valuation of cinch is €10B as of Mar 27, 2021.

When was the latest funding round of cinch?

cinch's latest funding was a $64.6M Conventional Debt round on Nov 03, 2020, with participation from 2 investors.

Is cinch a Auto E-Commerce & Content company?

The primary sectors of cinch are Auto E-Commerce & Content and Auto Retail & Aftersales.

Where does cinch rank among its competitors?

cinch ranks 11th amongst 165 active competitors, of which 6 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Carwow, which secured $53.2M in Jul, 2024.

Who are the top competitors of cinch?

cinch's top competitors include CarGurus, Copart and Cazoo. Among them, Carwow secured the most recent funding round in July, 2024.

cinch - 2026 Company Profile, Team, Funding & Competitors

cinch is a funded company based in Farnham (United Kingdom), founded in 2019. It operates as an Online B2C marketplace for used cars. cinch has raised an undisclosed amount in funding, with a current valuation of €10B. The company has 165 active competitors, including 6 funded and 14 that have exited. Its top competitors include companies like CarGurus, Copart and Cazoo.

Sectors and market segments that cinch operate in

cinch serves in the Auto Tech, Auto market segments.The primary business model of cinch are:

Company Details

Cinch is an online listing platform for used cars. Buyers can find the cars they want to buy & can contact the seller through the platform. Sellers can list their cars on the platform to sell it. The platform also provides used car valuation.

Website: www.cinch.co.uk
Social
Email ID: *****@cinch.co.uk
Registered Address: Headway House, Crosby Way, Farnham, Surrey, United Kingdom, GU9 7XG

Key Metrics

Founded Year

2019

Location

Farnham, United Kingdom

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Nov 03, 2020, $64.6M

Post Money Valuation

€10B as on Mar 27, 2021

Investors

HSBC & 1 more

Ranked

11^th among 165 active competitors

Employee Count

430 as on Sep 30, 2026

Similar Companies

Carro & 222 more

View cinch's full profile

cinch is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CINCH GROUP LIMITED CIN: 12826558 , United Kingdom, Active	Aug 19, 2020	£0 - £1M (As on Mar 30, 2025)	-
CINCH CARS LIMITED CIN: 11520330 , United Kingdom, Active	Aug 15, 2018	£1M - £10M (As on Mar 30, 2025)	94 (As on Mar 31, 2021)

cinch has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Nov 03, 2020 for $64.6M. 2 investors participated in its latest round. cinch has 2 institutional investors.

Here is the list of recent funding rounds of cinch:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 03, 2020	$64.6M	Conventional Debt	-	-	-	HSBC, NatWest

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View details of cinch's funding rounds and investors

cinch's Board of Directors

cinch's board has 2 active members. Matthew Robert Kelly and Timothy Giles Lampert are independent board members.

Here is the list of cinch's board of directors:

Name	Type	Representing	Status	Duration
Matthew Robert Kelly	Independent board member	-	Current	6y 1m
Timothy Giles Lampert	Independent board member	-	Current	6y 1m

cinch's employee count trend

cinch has 430 employees as of Sep 26. Here is cinch's employee count trend over the years:

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Top competitors of cinch include CarGurus, Copart and Cazoo. Here is the list of Top 10 competitors of cinch, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CarGurus 2006, Cambridge (United States), Public	Online retailer of used and new cars with financing options	$1.75M	Vitruvian Partners, Ithaka Partners & 1 others	73/100
2nd	Copart 1982, Dallas (United States), Public	Online marketplace for used and salvaged vehicles	$1.1M	-	72/100
3rd	Cazoo 2018, London (United Kingdom), Series D	Operator of a digital marketplace for buying used motor vehicles	$563M	Stride, General Catalyst & 37 others	71/100
4th	Carwow 2010, London (United Kingdom), Series E	Online marketplace to buy new cars	$178M	Vitruvian Partners, Mercedes-Benz & 35 others	70/100
5th	Auto Trader 1977, Manchester (United Kingdom), Public	Online used car listing platform	-	BC Partners, Apax & 1 others	64/100
6th	Group1 Automotive 1997, Houston (United States), Public	Provider of new & used cars and trucks dealership services	-	BB&T, Zions Bancorporation & 20 others	61/100
7th	Arnold Clark 1954, Glasgow (United Kingdom), Unfunded	Online listing platform of used and new cars	-	-	61/100
8th	Motorpoint 1998, Derby (United Kingdom), Public	Online listing platform for used & new cars	-	Standard Life Aberdeen	56/100
9th	Big Motoring World 1986, Canterbury (United Kingdom), Late Stage	Online dealer of second-hand cars	-	Freshstream, Bluebell Cars Holding Limited ... & 15 others	49/100
10th	Autoquake.com 2005, London (United Kingdom), Acquired	Online used car listing platform	$33.7M	Accel, Highland Capital Partners	48/100
11th	cinch 2019, Farnham (United Kingdom), Funding Raised	Online B2C marketplace for used cars	-	HSBC, NatWest	44/100