Carwow Group, a U.K.-based reverse auto marketplace, has announced two new senior hires following a £41 million ($52 million) investment aimed at supporting its global growth strategy. Ana Diaz Medio joins as Vice President of Product for the ‘Get Your Car’ division, bringing experience from Farfetch, Verizon Media, and Yahoo. Filipe Aguilar has been appointed as Managing Director for Portugal and will lead global operations for the ‘Sell My Car’ division, transitioning from roles at Farfetch and McKinsey & Company. The recent investment was led by Bessemer Venture Partners with participation from other institutional investors like Accel, Balderton, Episode 1, and Vitruvian Partners. With revenues growing by 56% in the first half of 2024, and £3 billion worth of cars purchased through its platform in 2023, Carwow aims to accelerate its expansion both in the UK and internationally.
Automotive, Technology, Venture Capital,United Kingdom, Portugal
https://aimgroup.com/2024/09/18/new-senior-hires-at-carwow-group-as-it-invests-in-growth/