See other companies on Welcome to the Jungle
heycar
Used car marketplace
- 201-500 employees
- B2C
- B2B
- Marketplace
- Cars
- eCommerce
- Sprengelkiez, Berlin, Germany
Jump to section
Company mission
heycar is on a mission to bring ‘greater trust and transparency’ to automotive retail by creating a superior user experience for consumers and dealers.
Our take
heycar is jointly owned by Volkswagen and Daimler, and is also backed by BCG Digital Ventures. Being directly linked to two of the biggest car companies in the world gives them a significant advantage.
Their aim is to make car searching simpler. There are no adverts for car insurance, credit check services or GAP insurance, and results don’t annoyingly prioritise “sponsored adverts” like rival sites. All cars on the site must meet certain criteria, and all are listed by dealers rather than individuals (individuals can list on Autotrader).
The UK used car market is worth over £50 billion per annum, so the potential for heycar is significant. The market may grow even more when it goes through digital transformation.
While the market is large, there are a lot of established players, most notably Autotrader. There is also competition from upstarts, like Cazoo (run by the former founder of Zoopla), so the product will need to be a lot better to cut through the noise.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
- Video therapy sessions through Spill, to support positive mental health
- Home set-up allowance
- Pension scheme
- Extra day of holiday when you refer someone who’s hired at heycar
- AXA health insurance
- Critical Illness Cover
- Annual subscription to FIIT fitness app
- Access to online mental health support via Spill
- Cycle to Work Scheme worth up to £1,000
- £500 annual learning budget
- Lunch & Learns
- Enhanced Family Leave
- Life Assurance
- Table tennis & table football - bring your competitive streak!
- Snacks and an office bar that’s fully stocked
- Access to our epic roof terrace
- Regular team socials
Company values
- Diversity: We strive for a purposeful work environment that provides a platform for everybody’s personality to preserve one’s authenticity
- Ownership: We believe that taking ownership is one of our main drivers to achieve a high-performance culture and ambitious targets enabling us to tackle our competitors
- Innovation: We think that having an entrepreneurial mindset is paramount to be able to look at situations from different perspectives
- Collaboration: We are convinced that we should build everything we do on trustful relationships with our employees and all our partners
Leadership
Mat Moakes
(CEO, not founder)Previously Head of Commercial for British Gas, and Managing Director of Local Heroes, a Centrica-backed marketplace for tradespeople.
Articles
