Success Story
| Region/Nation | London |
|---|---|
| Programme | Enterprise Capital Funds |
| Partner |
With a mission to power the global automotive industry, Cazana has built a digital platform that gives vehicle dealers and manufacturers, banks and lenders the data and insights they need to better understand the assets they work with.
For example, the technology allows users to examine a vehicle’s individual history and establish its value. Finance lenders can use its tools to make accurate forecasts and offer more competitive products, while the platform can help insurers identify hidden risks and settle claims fairly.
The Cazana team were looking for finance to develop new products to better serve existing and future clients, widen the company’s business development efforts and expand into global markets.
Thanks to funding from Passion Capital’s Enterprise Capital Funds programme, the company has significantly strengthened its engineering, product and business development teams and now expect to double last year’s results – all of which would have been impossible without the finance it received.
Quick links
More success stories
Read a success story about Ruuby
An on-demand beauty marketplace, which allows customers to order a host of beauty services to their desired location, has raised £2m to accelerate its growth in the North West by doubling down on its existing operations in Manchester and Liverpool.
Read a success story about Power Roll
Based in Murton, Power Roll, a pioneer in the solar energy transition, has raised £4.3 million in its most recent funding round, including £1.5 million from NPIF II – Maven Equity Finance, which is managed by Maven Capital Partners as part of the Northern Powerhouse Investment Fund II.
Read a success story about Xentra
A fast-growing Leeds cybersecurity company secured a six-figure loan from NPIF II – Mercia Debt Finance, which is managed by Mercia as part of the Northern Powerhouse Investment Fund II (NPIF II).