Cazoo Raises $630 Million From Investor Group Led by Viking Global Investors to Support Continued Growth and Expansion in the UK and EU
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Thursday, February 10, 2022
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Following the significant progress made since its launch two years ago, the additional capital will support Cazoos continued growth in the UK and expansion in Europe.
Key Points:
- Following the significant progress made since its launch two years ago, the additional capital will support Cazoos continued growth in the UK and expansion in Europe.
- Over the past 12 months, Cazoo has continued its strong growth trajectory and made significant progress against its key strategic objectives.
- During 2021, Cazoo expanded from operating solely in the UK to now having operations across the largest five European markets.
- In FY 2021 Cazoo sold ~49,500 total units (~230% year-on-year growth) including ~34,700 retail units (~180% year-on-year growth).