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Cazoo

Transforming the car buying and selling experience across the UK.

1001+ employees
  • B2C
  • Marketplace
  • Cars
  • Delivery
  • eCommerce
London (HQ), 40 Churchway, London NW1 1LW

Company mission

To make buying your next car no different to ordering any other product today.

Rocket List 2021
Top investors

28% female employees

-42% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Through the Cazoo platform customers are able to buy, finance or rent a used car online and have it delivered to their door within 48 hours. This is a big step change vs. other used car websites, where you often still have to travel 25+ miles to see and pick up your new car.

The UK used car market is worth over £50 billion per annum, so the potential for Cazoo is large. Cazoo argues the market will grow even more when it goes through digital transformation, which the company wants to drive.

While the market is large, there are a lot of established players, most notably Auto Trader. There are also new, well-financed startups like Heycar (backed by VW and Daimler), so the product will need to be a lot better to cut through the noise.

The CEO is a very experienced entrepreneur and used to taking on large incumbents, which should stand him in good stead. Alex introduced Zoopla to the market when Rightmove had a monopoly and managed to create a very successful company.

Benefits

  • Support from our brilliant onboarding and training programmes
  • We offer a competitive salary
  • 25 days holiday + an extra for your birthday!
  • Healthcare
  • Pension
  • Bike-to-work
  • Season Ticket Loan
  • Training and development opportunities
  • All colleagues at Cazoo are eligible for participation in the company’s share issue scheme
  • Wellbeing fund each year
  • Private medical insurance
  • Company life assurance
  • Car discounts & discounted services at our sites
  • Free yearly MOT tests for you / someone in your family

Company values

  • Customer obsessed - We put the customer first in everything we do. Every interaction matters. We want to be famous for delivering the best experience and wowing our customers
  • Data driven - Data is part of our DNA and drives all decision making. We are informed and results driven. We seek insights and understanding that will help us improve and grow
  • Fast drivers - We have an entrepreneurial passion for working at speed. We like to accelerate and don’t hang around. We make decisions and drive fast towards our goals
  • Team players - We are better as a team than as individuals. Everyone counts. We’re inclusive, supportive and respectful and are here to have fun and win together on this journey
  • Responsible owners - Having and taking ownership inspires us to be the best we can be for ourselves, our teams, our customers and our business

Funding (last 2 of 6 rounds)

Oct 2020

$310m

SERIES D

Jun 2020

$31.7m

LATE VC

$570.5m

Total funding

This company has top investors

Founders

Alex Chesterman

(CEO)

Serial entrepreneur. Founded Zoopla (sold to Silverlake for $3bn) and co-founded LOVEFiLM (sold to Amazon).

Diversity & Inclusion at Cazoo

Shanice Tatter headshot

Shanice Tatter (Talent Specialist)

  • Everyone counts at Cazoo. We’re proud to be inclusive, supportive and respectful and we are committed to growing and nurturing our team to best represent the customers and communities we serve everyday.
  • We have four immediate focus areas: 1. Listening to and empowering our employees 2. Building knowledge and capability across Cazoo 3. Accelerating hiring and progression of talented, under-represented groups 4. Gathering actionable data and insight
  • We want to make sure that every voice is heard, which is why we strive to create a space where anyone is welcome
  • To help achieve this, we run learning lunches, educational events and have a number of Belonging Resource Groups. Each group helps to support and empower employees, while promoting education, awareness and change; whether it's gender and/or race equality or supporting those with diverse abilities
  • We will continue to review our progress and strategy regularly with active support and engagement of our employees, executive team and expert advisors

Endorsements

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Opportunities to learn (1)

Hard working team (1)

Thoughtful onboarding (1)