Jigcar, a London-based automotive logistics startup, raised $1 million in a pre-seed funding round led by Concept Ventures, aiming to enhance dealer operations through optimized logistics solutions.

Target Information

Jigcar is a London-based startup founded by three former Cazoo team members: Elliott, Rupert, and Jackson. The company has recently completed a $1 million pre-seed funding round, led by Concept Ventures, with notable contributions from industry executives at Hendy Group, Motorpoint, Carwow, Impel, and Cox Automotive. Launched in January 2024, Jigcar focuses on enhancing stock turnover, reducing operational costs, and improving the customer experience for multi-site dealer groups through logistics optimization.

With a clear mission to streamline logistics processes, Jigcar is already making significant strides in the automotive industry, securing partnerships with leading dealers such as Glyn Hopkin, Steven Eagell, and Perrys Motor Group. Their innovative solution efficiently manages and optimizes logistics across multiple sites, utilizing a web platform and mobile app to provide visibility into group-wide costs and performance metrics, essential for a cohesive logistics strategy.

Industry Overview in the UK

The UK automotive industry has been experiencing a transformative phase, embracing technological advancements and shifting consumer expectations. The demand for efficient logistics management has become increasingly critica