Motorway Overview
- Year Founded
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2016
- Status
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Private
- Employees
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463
- Latest Deal Type
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Series C
- Latest Deal Amount
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$142M
- Investors
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13
Motorway General Information
Description
Developer of an online car auction platform designed to facilitate the sale of used cars. The company's platform offers valuation technology that uses live market data to estimate the car's value accurately and offers features comparison and transparent pricing of the vehicles, enabling professional car dealers to bid in an auction for privately owned cars for sale.
Contact Information
Website
www.motorway.co.ukCorporate Office
- 24 Holborn Viaduct
- London EC1A 2BN
- England, United Kingdom
Corporate Office
- 24 Holborn Viaduct
- London EC1A 2BN
- England, United Kingdom
Motorway Timeline
Motorway Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series C) | 29-Nov-2021 | $142M | Completed | Generating Revenue | ||
| 4. Early Stage VC (Series B) | 14-Jun-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 25-Jun-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | 05-Jun-2018 | $3.98M | $4.33M | Completed | Startup | |
| 1. Angel (individual) | 01-Jan-2017 | $343K | $343K | Completed | Startup |
Motorway Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C Preferred | ||||||||
| Series B Preferred | ||||||||
| Series B Preferred | ||||||||
| Series A Preferred | ||||||||
| Seed | ||||||||
| Ordinary | ||||||||
| Ordinary | 35,485 | $0.000010 | $7.05 | $7.05 | 1x | $7.05 | 3.06% | |
| Ordinary | 4,288 | $0.000010 | $5.83 | $5.83 | 1x | $5.83 | 0.37% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Motorway Comparisons
Industry
Financing
Details
Motorway Competitors (22)
One of Motorway’s 22 competitors is Carwow, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Carwow | Venture Capital-Backed | London, United Kingdom | ||||
| Unhaggle | Formerly VC-backed | Toronto, Canada | ||||
| PistonHeads | Corporate Backed or Acquired | London, United Kingdom | ||||
| Lease Fetcher | Venture Capital-Backed | Glasgow, United Kingdom | ||||
| CarGurus | Formerly VC-backed | Cambridge, MA |
Motorway Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Motorway Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Motorway Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ICONIQ Growth | Venture Capital | Minority | ||
| BMW i Ventures | Corporate Venture Capital | Minority | ||
| Founder Collective | Venture Capital | Minority | ||
| Index Ventures | Venture Capital | Minority | ||
| Unbound Advisors (Investor) | Venture Capital | Minority |
Motorway Acquisitions (2)
Motorway’s most recent deal was a Merger/Acquisition with Total Car Check. The deal was made on 24-Jul-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Total Car Check | 24-Jul-2023 | Merger/Acquisition | Information Services (B2C) | ||
| Get It Gone | Merger/Acquisition | Other Services (B2C Non-Financial) |
Motorway Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Total Car Check | London, United Kingdom | 2009 |
Motorway FAQs
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When was Motorway founded?
Motorway was founded in 2016.
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Where is Motorway headquartered?
Motorway is headquartered in London, United Kingdom.
-
What is the size of Motorway?
Motorway has 463 total employees.
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What industry is Motorway in?
Motorway’s primary industry is Automotive.
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Is Motorway a private or public company?
Motorway is a Private company.
-
What is the current valuation of Motorway?
The current valuation of Motorway is .
-
What is Motorway’s current revenue?
The current revenue for Motorway is .
-
How much funding has Motorway raised over time?
Motorway has raised $227M.
-
Who are Motorway’s investors?
ICONIQ Growth, BMW i Ventures, Founder Collective, Index Ventures, and Unbound Advisors (Investor) are 5 of 13 investors who have invested in Motorway.
-
Who are Motorway’s competitors?
Carwow, Unhaggle, PistonHeads, Lease Fetcher, and CarGurus are some of the 22 competitors of Motorway.
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