Carwow Hits Throttle With £41.5m Injection

If we really needed another reminder that online sales are increasingly where it is at, news comes in that Carwow has raised £41.5m to accelerate its Sell Your Car service, thanks to a major injection from Hercules Capital.

It’s only six months or so since Carwow launched Sell Your Car, but it has fast become a hot place for private sales, with around 900 cars being listed each day.

As we know, it’s also a platform that dealers access regularly, bidding on fresh stock direct from private sellers.

We know that many Need To Know Motors readers rate this site and we can all see it going from strength to strength.