- Cazoo recently raised an additional $311m, bringing its valuation to over $2.5bn.
- Juro enables Cazoo to self-serve, agree and manage routine contracts at scale.
LONDON, OCTOBER 2020 - Cazoo, the UK's leading online used car retailer, which makes buying a used car as simple and seamless as buying any other product online, has entered an agreement to implement Juro, the contract collaboration platform.
Juro will help Cazoo manage and self-serve on contracts as the business continues to scale.
Cazoo, founded in 2018, recently raised $311m, bringing its total funding to a record-setting $582m and doubling its valuation to over $2.5bn - a pace of growth unmatched in the UK.
Cazoo will implement Juro to streamline multiple systems, establishing a true end-to-end contract process. Cazoo joins unicorns Deliveroo, Secret Escapes and Babylon Health in Juro's customer base.
Through Juro, Cazoo's finance, procurement, legal and talent teams will get a holistic overview of all its contracts, as well as actionable data and insights.
Cazoo’s legal team will create templates of its high-volume contracts, such as NDAs, purchasing contracts and employment contracts, so that teams are empowered to self-serve.
Michael Haynes, Head of Legal at Cazoo, said:
“We’re delighted to be working with Juro to help support our record-setting growth through smarter contract management and automation. This innovation means our legal team can bring expertise and value to where it really matters as we continue to transform the way people buy used cars.”
Richard Mabey, CEO and co-founder of Juro, said:
“We love solving contract pain for fast-growing tech companies, and nobody’s growing faster than Cazoo. It’s great to welcome Cazoo to the Juro community - we’re looking forward to working with their teams to make contracts a little more human.”
For more information, or to request an interview, contact firstname.lastname@example.org
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