Investor Type | Firm |
Investing | United Kingdom |
Hellocar is a digital platform revolutionizing the used car market by offering an online venue for buying used cars without the traditional requirement of a dealership. They provide a seamless car purchasing experience that is entirely online, aiming to make the car buying process simpler, more transparent, and trustworthy. Hellocar distinguishes itself by offering rigorous quality checks, full transparency on car history, and a straightforward delivery process to the customer’s door. Backed by notable figures within the tech and venture capital industry, Hellocar has received investment and support from prominent entrepreneurs and investors such as Brent Hoberman and Henry Lane Fox, linked with successful ventures like Founders Factory, lastminute.com, and MADE.com, alongside JamJar Investments, known for backing companies like Deliveroo, Graze, and other high-growth entities. In addition, Alex Chesterman, the founder and CEO of Zoopla Property Group, is among their backers. With such robust support, Hellocar is setting out to disrupt the conventional car dealership experience by leveraging the power of technology to facilitate a trusted marketplace for car buyers and sellers. They underscore the commitment to customer satisfaction and trust, emphasizing the hassle-free experience that eliminates the common inconveniences associated with the traditional car buying process.