The bold startup that’s dragging used car buying into the 21st century
Founder: Alex Chesterman
Cazoo was formed to solve one simple problem. Loads of people love cars, but hardly anyone loves the process of buying a car. The trips to car dealers, the haggling over price, and the long drawn out process of it all.
Alex Chesterman, a serial entrepreneur who was previously the driving force behind Zoopla and LoveFilm, founded Cazoo in 2018 with a very different approach. Everything is done online, and your new car is delivered directly to your door (with a 2-hour window) in as little as 72 hours. In other words, it’s quick, easy, and convenient, just like the way you buy anything else online.
Cazoo owns all the cars it sells, and every one is thoroughly reconditioned before it goes on sale. All cars also come with a 90-day warranty and 90 days of free RAC roadside assistance.
Once your car arrives, you have seven days to drive it and, if you change your mind for any reason, the car gets collected and you get your money back.
Cazoo was 13th in last year’s Startups 100 and has since gone from strength to strength, launching a national marketing campaign, and being recently announced as the main partner of Everton Football Club in a multi-year deal.
Since it was founded, Cazoo has already raised more than £180m in funding, and we expect this dynamic startup to continue zooming up our rankings.