Congratulations to Runway East Moorgate members, Cazana, who have raised over £1 million in Series A funding.
The vehicle data company secured over £900,000 from investments led by Passion Capital, before opening up the round to users and fans on Crowdcube, where it reached its target of £1 million within 24 hours.
Cazana uses data and predictive analytics, to assess millions of automotive transactions daily to assess the value and risk associated with every vehicle on the road. Last year they acquired Car and Classic, Europe’s largest classic car marketplace.
Cazana plans to use the funding to expand globally and develop their services for both Cazana and Car and Classic.
We wish them the best of luck and can’t wait to see what they have in store for 2019.
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