Investment Update: Carwow raise £12.5m led by Accel
It is a real pleasure to announce that Carwow have raised £12.5m, in a round led by Accel. Balderton also participated in the round, alongside Samos Investments and Episode 1 Ventures.
The company has grown more than 10 times, and has built a great operation since Balderton first invested two years ago. But the founding team don't want to stop here, and have much greater ambition. We believe that Carwow is in a position to lead the evolution of the car retail experience over the coming years.
You can read more about the latest investment here.