BBI Programme: Managed Funds
Delivery partner: LGT Capital Partners
Cazoo wants to transform the way people buy cars. Its innovative approach offers transparency, convenience and peace of mind.
The company is growing fast with the aim of becoming the market leader in the UK and Europe. A new Venture Capital investment, made possible by the fund of funds managed by LGT CP, is helping Cazoo to continue this fast growth by hiring more people, building up its inventory and setting up more service centres.
In August 2021, Cazoo was listed on the New York Stock Exchange.
The funding will also help Cazoo explore ways to expand its business on the European continent – supporting its goal of leading the European market.