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Alexander Edward Chesterman OBE (born 9 January 1970)[1] is a British Internet entrepreneur, co-founder of ScreenSelect, which later became part of online film distributor LoveFilm, and is the founder and former CEO of online used car platform Cazoo.[2]
In December 2018 Chesterman raised over £30m in pre-seed funding [3] and then went on to raise a further round of £50m pre-launch for Cazoo.[4] He launched the business in December 2019. In March 2020 he then went on to raise a further £100m for Cazoo.[5][6] Chesterman stepped down as CEO of Cazoo in December 2023. He was also the founder of the property website Zoopla in 2007. Zoopla became a digital media business ZPG Plc (LSE:ZPG)[7] a FTSE-250 listed company and owns brands which include Zoopla, uSwitch, PrimeLocation, Money and Hometrack and employs over 1,000 people in the UK. In July 2018 ZPG Plc was bought by US private equity business SilverLake Partners for £2.2bn and delisted from the FTSE 250.[8]
- ^ Kelly, Liam (22 September 2019). "Interview: Cazoo's Alex Chesterman". The Sunday Times.
- ^ "The tech tycoon turned used car salesman on his final excursion". Evening Standard. 14 February 2020. Retrieved 1 April 2020.
- ^ "Cazoo secures £30 million Pre-Seed investment led by DMG Ventures". www.am-online.com. Retrieved 16 February 2020.
- ^ "Cazoo launches online used car retail platform with £80m backing". www.am-online.com. Retrieved 1 April 2020.
- ^ "Online car seller Cazoo raises £100m despite virus turmoil". Sky News. Retrieved 1 April 2020.
- ^ "Cazoo, the used-car sales portal, raises another $116M". TechCrunch. Retrieved 1 April 2020.
- ^ "Our Brands". www.zpg.co.uk. Retrieved 29 October 2017.[permanent dead link]
- ^ Pooley, Cat Rutter; Williams, Aime (11 May 2018). "US tech fund to buy UK property website Zoopla owner for £2.2bn". Financial Times. Retrieved 30 December 2018.