News

June 23, 2020

Cazoo becomes fastest-ever British unicorn

Online used car retailer Cazoo has become a billion-dollar business in record-breaking time.


Amy Lewin

3 min read

Alex Chesterman, Founder of Cazoo Ltd

Cazoo, the used car marketplace, has become the UK's latest billion dollar company in record-breaking time. It has raised an extra £25m in funding from venture capital firms Draper Esprit, General Catalyst and DMG Ventures, bringing total funding raised to more than £200m.

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Amy Lewin

Amy Lewin is Sifted’s editor and host of Startup Europe — The Sifted Podcast . Follow her on X, LinkedIn and Bluesky

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