Hellocar is a UK car-buying website founded by Nic Carnell that removes the dealer from the car-buying process. The platform lists used cars that have passed a comprehensive 168-point inspection by the AA, are home delivered, and include a seven-day money-back policy. Hellocar aims to bring more transparency and convenience to the £45bn UK used-car market, citing low consumer trust in dealers and the stress of buying a car. The company has partnerships with the AA for inspections and warranty and with Aviva for insurance. Hellocar is also in discussions with fleet and leasing companies to list their cars on the site to broaden its stock. Financially, the startup has just secured a £1M investment round to fund its Manchester launch and grow the team.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2017