Motorway

Motorway

Online car marketplace enabling dealer bidding

Overview

Motorway is a UK online marketplace that connects private sellers of used cars with a network of professional dealers. Sellers receive an instant valuation and can create a profile with photos before listing the car in a daily sale where thousands of verified dealers bid. The highest bid is shown to the seller, who can accept and have the winning dealer collect the car and pay by bank transfer. The service is free for private sellers; Motorway earns revenue by charging a commission to buying dealers, aiming to maximize sale value through dealer competition and a transparent bidding process.

About Motorway

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

Industries

Data & Analytics

Automotive & Transportation

Consumer Software

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$337.6M

Headquarters

London, United Kingdom

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Dealer Recommended status in 2026 AM programme reflects strong dealer trust.
  • £25M Trinity Capital loan drawn £15M by 2024 fuels UK growth amid 8.9% revenue rise.
  • Total Car Check acquisition bolsters vehicle provenance data integrity.

What critics are saying

  • £37.3M 2024 losses strain cash as Motorway Pay investments continue.
  • Trinity £25M loan repayments start in 2027, risking default without profitability.
  • WeBuyAnyCar captures sellers preferring instant buys over auctions.

What makes Motorway unique

  • Motorway's C2B auction connects private sellers to 7,500 verified dealers for highest bids.
  • AI-powered verification with Incode checks V5C and IDs in real-time since February 2026.
  • Motorway Pay enables instant seller payments via dealer-funded wallets.

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Funding

Total Funding

$337.6M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
AM Magazine
Feb 6th, 2026
Motorway launches AI-powered seller verification to cut fraud risk

Motorway launches AI-powered seller verification to cut fraud risk. * By Aimee Turner * | * 6 February 2026 * News Motorway has announced a new AI-powered seller verification system aimed at giving its dealer partners greater peace of mind when buying used stock through the platform. The company said the upgrade is designed to deliver higher-quality listings by strengthening document checks that confirm sellers have the right to sell their vehicles. The move is intended to help protect dealers from bad actors and reduce the risk of purchasing problematic vehicles such as stolen or clocked cars. Developed in partnership with Incode, the system uses AI and automation to verify seller documents in real time, including V5C, driving licences and finance settlement letters. It also introduces real-time facial image capture for identity verification, with the aim of making checks faster and more consistent. For sellers, Motorway said the process will be simpler and more efficient, with instant document feedback. For dealers, the company said the change should mean easier access to higher-quality, verified stock. James Wilson, chief operating officer at Motorway, said: "While very rare, purchasing a stolen or clocked vehicle can be a real blow to a dealer. Our partnership with Incode gives dealers an extra layer of reassurance, by making sure every seller on our platform is genuine." Roman Karachinsky, chief product officer at Incode, added: "Motorway is modernising its service to give dealers a safer, simpler way to buy, and we share that same mission of digital trust. Incode is leveraging advanced AI to stay one step ahead of fraud, innovating faster than the threats themselves." The rollout has started with an initial segment of sellers and is continuing, with the goal of automating most verification tasks while reserving specialist cases for manual review. Motorway said that by the end of Q1 2026, the system is expected to cover more than 95% of sales, enabling a secure level of seller verification at scale. AM Dealer Recommended 2026. The AM Dealer Recommended programme allows dealerships to have their say about the companies they trust most to provide the best partnership. Each year gmd people Ltd gather opinions via research conducted among Automotive Management's registered dealer audience. The top performing companies have now been granted Dealer Recommended status. See if your suppliers made the list - or who you should consider working with in 2026. Deputy editor. Aimée Turner is deputy editor at Automotive Management, where she helps steer the daily and long-range editorial agenda for one of the UK's most-read B2B titles serving automotive retail. Award-winning and deadline-hardened, she specialises in the parts of the industry where the stakes are highest and the jargon is thickest: technology, market development and the business model shifts that decide who thrives and who simply survives. With 20+ years in journalism across automotive and aviation, Aimée has built a reputation for turning complex industry change into clear, usable insight. At Automotive Management she focuses on the EV transition, supply and stock-mix dynamics, profitability pressures, and the practical realities of manufacturing and retail transformation, from emerging brands and network strategy to the operational impact of data, digital tools and regulation. Her work is grounded in what retailers and decision-makers actually need: what's changing, why it matters, and what to do next. Recognition for her work includes BCA Feature Writer of the Year in the 2025 Guild of Motoring Writers Awards alongside multiple international journalism accolades. The winning feature focussed on Paul Philpott's leadership at Kia UK and took a fresh approach to a manufacturer insight by reframing a well-trodden corporate turnaround story through the prism of dealer relations, trust-building, and long-term cultural change. Importantly, the feature went beyond recounting the past to explore Kia's philosophy of partnership - transparency and equal opportunity among its dealer partners - positioning these values as lessons for the wider industry. Aimée holds a BA (Hons) French with Italian from the University of London and a PGCert in French from the University of Leicester. Aimée's career began after a four-year interlude in the groves of Academe before moving fully into specialist business journalism after learning the craft on the local beat. She went on to report and edit across leading aviation titles, including Flight International and Air Traffic Management, covering European and international programmes, policy and technology with a focus on safety, sustainability and system-wide reform. Aimée's love for Radiohead is best described as a long-running commitment to music that treats sound like engineering: precise and quietly merciless. She reckons Radiohead reflects the job of a journalist perfectly: built as it is on the same uncomfortable virtues: curiosity, scepticism, pattern-spotting - all the virtues that make for a perfectly written paragraph. She speaks French professionally and can also order a beer and a ham sandwich in Italian and Spanish. When she's not interrogating markets or chasing a clean quote, you'll find her at Uppingham Volleyball Club, discovering fresh ways to practise resilience, usually involving bruises, bad calls and a ball that absolutely has it in for her.

PR Newswire
Feb 2nd, 2026
Trinity Capital Inc. Closes Deal with Motorway, Providing £25m to Fuel Further UK Growth

/PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced the commitment of £25...

City A.M.
Jan 5th, 2026
Motorway secures £25M loan as losses jump 17% to £37M

Motorway, a London-based used car marketplace valued at over $1 billion in 2021, has secured a £25 million loan after reporting widening losses. The company drew down £15 million by year-end, with the loan structured as interest-only for two years before 30-month repayments begin. The firm's pre-tax loss jumped 17.4% to £37.3 million in 2024, despite revenue growing 8.9% to £66.4 million. Chief executive Tom Leathes attributed the losses to strategic investments in platform stability and dealer infrastructure, particularly its payment platform Motorway Pay, which has attracted over 2,000 dealers. Founded in 2016, Motorway has facilitated over 500,000 car sales with £2.2 billion in gross merchandise value in 2024. The company remains committed to reaching profitability.

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.

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