Startups
Motorway
https://motorway.co.ukOnline marketplace connects people selling their used cars with verified car dealers.
Summary
Insights
Motorway has significant potential due to its streamlined model that connects used car sellers with verified dealers, addressing inefficiencies in traditional car selling like slower sales and inconsistent pricing. Operating from London, this online marketplace ensures quicker and more trustworthy transactions. Supported by investors such as Index Ventures and BMW i Ventures, Motorway is well-positioned for growth. The company stands to benefit from the trend towards online marketplaces and the increasing consumer preference for hassle-free, reliable car selling experiences.
Total Funding
$271M
- Series C (2021-01-01) $190M
- Series B (2021-01-01) $67.7M
- Series A (2019-01-01) $13.9M
Investors
Index Ventures Series C
Index Ventures Series C
Latitude Series C
BMW i Ventures Series C
Local Globe Series A
Full Company Profile
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