Motorway

Motorway

About Motorway

Simplify's Rating
Why Motorway is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Automotive & Transportation

Consumer Software

Company Size

201-500

Company Stage

Series C

Total Funding

$264.2M

Headquarters

London, United Kingdom

Founded

2017

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Leasing.com expands customer base and service integration.
  • New office space in Brighton supports growth and operational expansion.
  • Industry recognition boosts brand credibility and market positioning.

What critics are saying

  • Competition from Cazoo and Cinch threatens market share.
  • Economic downturns may reduce consumer demand for used cars.
  • Integration challenges with Total Car Check could cause operational inefficiencies.

What makes Motorway unique

  • Motorway Pay offers instant transactions, setting it apart in digital payment solutions.
  • Acquisition of Total Car Check enhances vehicle provenance, boosting buyer trust.
  • Strategic leadership hires strengthen Motorway's financial and commercial management.

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Funding

Total Funding

$264.2M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$190M
Motorway

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

4%
AIM Group
Nov 17th, 2023
Motorway releases two new features for dealers

U.K.-based used-car marketplace Motorway has unveiled two new features free to dealers.

Car Dealer Magazine
Sep 1st, 2023
Motorway woos Oliver Grummell from Ocado to become its first commercial director

Used car marketplace Motorway has made Oliver Grummell its first commercial director.

AM Online
Jul 27th, 2023
Motorway appoints former Expedia director as new CFO

Motorway, the UK used car marketplace, has appointed Liz Kistruck, a former director at Expedia, as the company’s first chief financial officer (CFO).

Motor Trader
Jul 26th, 2023
Motorway acquires Total Car Check

Motorway has acquired provider of vehicle provenance checks, Total Car Check. Motorway said that the acquisition further strengthens its focus on vehicle d

Motorway
May 1st, 2023
Motorway introduces industry first payment solution | Motorway

Motorway, the UK’s fastest-growing used car marketplace, today announced the launch of Motorway Pay – a new solution enabling dealers buying cars on Motorway to fund a secure online wallet and then release money to private sellers instantly to complete transactions.

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