Carwow appoints Jeremiah Crider as new finance chief
On-line automotive shopping for web site Carwow has appointed Jeremiah Crider as its new chief monetary officer to steer the cost in driving monetary excellence and establishing stable operational foundations as the corporate scales quickly.
Based mostly in London and reporting on to CEO John Veichmanis, Crider joins Carwow from Securitas, the place he served as European CFO, overseeing a workforce of 200 finance professionals throughout the continent.
Previous to his function at Securitas, he spent three years at Deliveroo, most lately as VP of finance for {the marketplace} and know-how features, the place he helped drive the corporate’s progress main as much as and following its itemizing on the London Inventory Trade. Earlier in his profession, Crider spent 14 years with US retail big Walmart.
This strategic appointment comes on the heels of a $52 million funding in Carwow in the course of the second half of 2024, led by Bessemer Enterprise Companions, alongside current institutional buyers Accel, Balderton, Episode 1, and Vitruvian Companions.
This funding is already accelerating Carwow’s growth within the UK and internationally, with the corporate’s revenues rising by 55 per cent in H2 2024 and almost £1.8 billion price of vehicles listed in its each day on-line auctions all year long.
Crider stated: “I’m thrilled to hitch Carwow Group at such an thrilling time. All through my profession, I’ve had the privilege of working with proficient groups throughout Europe, and I’m keen to assist drive the following section of progress within the UK, Germany, and Spain, alongside the Carwow govt workforce.”
John Veichmanis, CEO of Carwow Group, added: “Jeremiah’s confirmed expertise in managing monetary operations for large-scale, dynamic companies makes him a useful addition to the workforce. His management will likely be essential as we proceed to strengthen our place because the premier on-line vacation spot for automotive buying and promoting. I sit up for working with him as we advance our imaginative and prescient.”
