Cinch
Founded Year
2018Stage
Private Equity | AliveTotal Raised
$1.417BLast Raised
$1.417B | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-104 points in the past 30 days
About Cinch
Cinch is a company that operates in the automotive industry with a focus on online car services. The company offers a platform for buying and selling cars, providing services such as home delivery, part exchange, and car finance. Additionally, Cinch provides car care services, including a 90-day warranty, breakdown assistance, and optional lifetime warranty and servicing. It was founded in 2018 and is based in Farnham, England.
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Expert Collections containing Cinch
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cinch is included in 2 Expert Collections, including E-Commerce.
E-Commerce
11,033 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Auto Commerce
700 items
Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.
Cinch Patents
Cinch has filed 2 patents.
The 3 most popular patent topics include:
- computer connectors
- ethernet
- atomic physics
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
9/22/2020 | 11/29/2022 | Electrical connectors, Computer buses, Ethernet, Computer connectors, Triple star systems | Grant |
Application Date | 9/22/2020 |
---|---|
Grant Date | 11/29/2022 |
Title | |
Related Topics | Electrical connectors, Computer buses, Ethernet, Computer connectors, Triple star systems |
Status | Grant |
Latest Cinch News
Jan 11, 2024
Cinch FY2023: Losses deepen for online used car business U.K.-based online car dealer Cinch has published its 2023 financial results in a filing for Cinch Cars Ltd to Companies House. In The year to April 2023, revenue increased 24% from £815.7 million to £1.01 billion ($1.29 billion) but it made a ... Join now to access
Cinch Frequently Asked Questions (FAQ)
When was Cinch founded?
Cinch was founded in 2018.
Where is Cinch's headquarters?
Cinch's headquarters is located at Headway House, Farnham.
What is Cinch's latest funding round?
Cinch's latest funding round is Private Equity.
How much did Cinch raise?
Cinch raised a total of $1.417B.
Who are the investors of Cinch?
Investors of Cinch include Abu Dhabi Investment Authority, Neuberger Berman, GIC and Soros Fund Management.
Who are Cinch's competitors?
Competitors of Cinch include VavaCars.
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Compare Cinch to Competitors
Kavak is a company that specializes in the buying, selling, and financing of pre-owned cars within the automotive industry. They provide a platform for customers to purchase certified and guaranteed vehicles, offer vehicle inspection services, and facilitate car financing and after-sales support. Kavak primarily serves individuals looking for a reliable and convenient way to buy or sell used cars. It was founded in 2016 and is based in Mexico City, Mexico.
Carsome provides an e-commerce platform, specializing in the online buying and selling of used cars. The company offers a comprehensive service that includes car inspection, valuation, an online bidding portal for dealers, and logistics support, ensuring a seamless selling experience for customers. It was founded in 2015 and is based in Petaling Jaya, Malaysia.
Cars24 is a leading AutoTech company focused on the sale, purchase, and financing of pre-owned cars. The company offers an online marketplace for buying and selling used cars, complemented by a suite of services including car financing, quality checks, warranties, and seamless documentation for transactions. Cars24 primarily serves the automotive industry with a customer base looking for pre-owned vehicle solutions. It was founded in 2015 and is based in Gurgaon, India.
Spinny is a full-stack used car trading platform that specializes in offering high-quality, thoroughly inspected second-hand cars. The company provides a transparent and seamless car buying and selling experience, featuring a rigorous 200-point quality check and a 5-day money-back guarantee for all vehicles. Spinny also offers additional services such as car financing, a one-year comprehensive warranty, and buyback options to enhance customer satisfaction. It was founded in 2015 and is based in Gurugram, India.
VavaCars operates as a technology-enabled used car platform that provides a transparent and hassle-free car-buying experience, leveraging its proprietary pricing and inspection technology to make car ownership accessible and affordable. In addition to buying and selling used cars, VavaCars also offers ancillary services such as servicing and extended warranty, providing customers with a comprehensive and convenient car ownership solution. It was founded in 2019 and is based in Istanbul, Turkey.
Carzami is an online platform focused on streamlining the buying and selling process of certified used cars in the automotive industry. The company offers a selection of certified pre-owned vehicles with convenient online purchasing, financing options, and a unique home delivery and 7-day test drive service. Carzami primarily serves individuals looking for a transparent and convenient way to purchase or sell used cars. It was founded in 2021 and is based in Giza, Egypt.
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