CAZOO (CLUNO)

Seizing one of today’s opportunities in mobility, Acton initially invested in Cluno: a flexible car subscription, smart and easy to manage via mobile app. Founded and established in Germany, Cluno became part of Cazoo – the UK’s leading online car retailer – in February 2021, forming the launchpad of Cazoo’s international expansion strategy into Europe.

The better way to buy your next car.

FOUNDED
2017, Munich
INITIAL INVESTMENT
Mar 2018
CATEGORY
Mobility
FOUNDERS
Christina & Nico Poletti, Andreas Schuierer

“Cluno has built a market-leading offering in the car subscription market in Germany with thousands of loyal customers and we are delighted to welcome Nico and his team to the Cazoo family. We will be launching the full Cazoo proposition in Europe later this year from our new European headquarters in Munich and we look forward to offering customers the option of purchasing, financing or subscribing to thousands of Cazoo cars.”

Alex Chesterman, CEO Cazoo

Cazoo was founded in London in 2018 by serial entrepreneur Alex Chesterman OBE with the mission to tranform the way people buy used cars in Europe. In August 2021, Cazoo made its public debut at NYSE following a $7bn-SPAC-deal with Ajax I in March of the same year.

“Cluno has built a market-leading offering in the car subscription market in Germany with thousands of loyal customers and we are delighted to welcome Nico and his team to the Cazoo family. We will be launching the full Cazoo proposition in Europe later this year from our new European headquarters in Munich and we look forward to offering customers the option of purchasing, financing or subscribing to thousands of Cazoo cars.”

Alex Chesterman, CEO Cazoo

Cazoo was founded in London in 2018 by serial entrepreneur Alex Chesterman OBE with the mission to tranform the way people buy used cars in Europe. In August 2021, Cazoo made its public debut at NYSE following a $7bn-SPAC-deal with Ajax I in March of the same year.