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Carzam
Online car buying platform
- 21-100 employees
- B2C
- Retail
- Marketplace
- Cars
- Westpoint, Peterborough, England PE2 6GG, GB
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Company mission
Carzam's mission is to take the hassle out of the car buying journey.
Our take
Buying a car is expensive, confusing and time-consuming. Carzam solves this problem by simplifying the car buying journey.
The company was founded by two experienced car retailers, and it has successfully tapped into the growing demand for hassle-free car buying. Customers are free to browse cars from home without being sold to, and in its first year, Carzam sold 13,500 used cars.
Carzam faces stiff competition from similar brands, including Cazoo and Cinch, but its impressive revenue figures (£150 million in its first year) indicate that the company is holding its own. Recent funding will also allow Carzam to bring a wider range of used cars to customers more quickly, which will be instrumental in the company's future success.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- The opportunity to develop your professional skills
- A fast-moving, dynamic work environment
- Modern Lakeside office with on-site canteen and gym
- Free secure on-site parking
- Hybrid working
- Company pension contributions
- 22 days holiday + BANK HOLIDAYS
- Life Assurance
Funding (1 round)
Nov 2021
$141.8m
EARLY VC
Total funding: $141.8m
Leadership
Peter Waddell
(Founder/Owner)A well-known used car retailer who is CEO of the Big Motoring World Group.
John Bailey
(Founder/Owner)The former CEO of Manheim Europe. Previously worked as President International Operations at Cox Automotive.