About cinch
cinch is a Transportation, Automotive & Logistics company based in Farnham (United Kingdom) founded in 2019. Online B2C marketplace for used cars. The company has 430 employees. cinch was last valued at $11.82 billion in March 2021. Its website cinch.co.uk draws about 3.2 million monthly visits. cinch offers products and services including Car Buying Platform, Part Exchange Service, and Car Finance Option. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its legal entity is CINCH CARS LIMITED. Its competitors include Cazoo, Auto Trader and Carwow; 2 of its 3 listed competitors have raised funding.
Company details
Cinch was established in 2019 in Farnham, United Kingdom, as an online marketplace in the automotive sector. Used vehicles are listed by sellers, allowing buyers to search listings and contact sellers directly through the platform. Valuation services for used cars are also provided to assist users in transactions. Operations focus on facilitating B2C exchanges within the UK market.
- Headquarters Farnham, United Kingdom
- Employees 430
- Stage Unicorn
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles
- Email••••••••
- Website cinch.co.uk
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Cinch Cars Limited
- Date of Incorporation 16 Aug, 2018
- Jurisdiction HOOK, HAMPSHIRE, UNITED KINGDOM
- Latest Funding Round$64.55M (USD), Debt – Conventional
Nov 2020
- InvestorsHSBC
& 1 more
- Employee Count430
Products & Services of cinch
cinch offers a comprehensive portfolio of products and services, including Car Buying Platform, Part Exchange Service, and Car Finance Option.
Online service for searching and purchasing used cars.
Tool for valuing and exchanging old cars for new ones.
Assistance in arranging loans for car purchases.
Apps and channels of cinch
cinch publishes 1 mobile app with over 100K+ downloads; its YouTube channel cinch has 105K subscribers and 30 videos.
Videos from cinch
The most watched videos on cinch's YouTube channel, cinch (105K subscribers). Click a video to play it here.
More on cinch.
Funding Insights of cinch
- Total Rounds 1
- Last Round Debt – Conventional — $64.55M
- First Round $64.55M
(Nov 2020)
- Investors Count 2
All 1 funding rounds of cinch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|
Full valuation and stage history of cinch
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $11.82B (Mar 2021). 2 investors in total: 2 institutional.
Investors in cinch
cinch has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HSBC and NatWest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Universal banking and financial advisory services are provided globally. | 1865 | hsbc.com | London, United Kingdom | |
Commercial bank | 1968 | natwest.com | London, United Kingdom |
Investor details for cinch
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of cinch
34 people are tracked at cinch (13 in leadership, 21 in team); the tracked headcount is 430.
| Name | Role | Group |
|---|---|---|
Peter Higgins | Head Of Engineering | Leadership |
Sarah Sawyer | Head Of Customer Experience | Leadership |
Matt Barclay | Head Of Customer Operations | Leadership |
Andrew Adam | Head Of Engineering | Leadership |
Robert Bridge | Chief Customer Officer | Leadership |
Sameena Ahmed | Head Of CRM | Leadership |
Geoffrey Head | Finance Director | Leadership |
Natalie Allwright | Head Of People | Leadership |
Louis Holmes | Finance Business Partner | Leadership |
Bhakti Pandya | Financial Controller (interim) And Head Of Marketing Finance | Leadership |
Anonymous | Product And Design Director | Leadership |
Simon Jack | Head Of Customer Aftercare | Leadership |
Harps Joseph | Head Of Product | Leadership |
Alex Huyton | Senior Service Designer | Team |
Caroline Rebholz | Finance Manager | Team |
Ben Guy | Senior Product Manager | Team |
Robert Alston | Senior Product Owner | Team |
Katy Hill | Talent Acquisition Manager | Team |
Paul Swarbrick | CRM Manager | Team |
David West | Customer Experience, Service & Sales Operations Manager | Team |
14 more people are available in the full profile.
Complete people profiles for cinch
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of cinch
3 dated milestones of cinch across 1 years, from founding to its latest funding, stage changes and deals.
- Founded cinch is founded.
- Milestone Reaches Unicorn status.
- Funding First funding round of $64.6M.
Competitors of cinch
cinch has 3 listed competitors in our database, 2 of them funded. They include Cazoo, Auto Trader and Carwow.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cazoo.co.uk | 2018 | London, United Kingdom | $563.16M | 126 | Online dealer of second-hand cars | |
| autotrader.co.uk | 1977 | Manchester, United Kingdom | 790 | Used cars are listed and searched via an online platform. | ||
| carwow.co.uk | 2010 | London, United Kingdom | $178.4M | 207 | Online marketplace to buy new cars |
Detailed competitors of cinch
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of cinch
The website of cinch (cinch.co.uk) receives about 3.2M visits a month and ranks #19,015 among all websites worldwide, #313 in Vehicles.
- Monthly visits3.2M
▲ 29.9% vs previous month
- Unique visitors1.2M
per month
- Global rank#19,015
among all websites
- Category rank#313
Vehicles · Vehicles
- Bounce rate52%
- Pages per visit4.6
- Average visit3 min 06 sec
- DevicesDesktop 20% · Mobile 80%
Websites whose visitors overlap most with cinch. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cargurus.co.uk | cargurus.co.uk | 100% | #9,233 | – | |
| carwow.co.uk | 100% | 7.6M | #8,394 | View details | |
| cazoo.co.uk | 98% | 3.1M | #19,432 | View details | |
| arnoldclark.com | 95% | #10,298 | View details | ||
| motors.co.uk | 90% | 2.5M | #23,730 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for cinch
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- 40 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Automotive Retail & Aftersales
2 companies that operate in the same segment as cinch (Automotive Retail & Aftersales) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M |
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Related news about Cinch
Complete news archive for cinch
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Frequently Asked Questions about cinch
cinch was founded in 2019 and raised its 1st funding round 1 year after it was founded.
cinch is headquartered in Farnham, United Kingdom. It is registered at Farnham, Surrey, United Kingdom.
cinch has 430 employees.
Cinch was established in 2019 in Farnham, United Kingdom, as an online marketplace in the automotive sector. Used vehicles are listed by sellers, allowing buyers to search listings and contact sellers directly through the platform. Valuation services for used cars are also provided to assist users in transactions. Operations focus on facilitating B2C exchanges within the UK market.
cinch's top competitors include Cazoo, Auto Trader and Carwow.
cinch offers Car Buying Platform, Part Exchange Service, and Car Finance Option.
The valuation of cinch is $11.82B as of Mar 2021.
cinch operates through Cinch Cars Limited.
Yes. cinch publishes cinch – used cars to buy, with over 100,000 downloads.
The website of cinch receives about 3.2 million visits a month and ranks #19,015 among all websites worldwide.