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DateInvestorsAmountRound
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$190m

Valuation: $1.0b

Series C
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2021202220232024
Revenues0000000000000000
% growth-107 %70 %14 %
EBITDA0000000000000000
% EBITDA margin(63 %)(105 %)--
Profit0000000000000000
% profit margin(62 %)(103 %)(43 %)-
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article, Dealroom estimates

Notes (0)
More about Motorway
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Motorway is a UK-based online marketplace that facilitates the sale of privately owned used cars to a network of professional car dealers. The platform is designed to help private sellers achieve a higher price than they might get from part-exchange or other car-buying services, by creating a competitive environment where dealers bid for the vehicles.

The process for sellers involves entering their car's registration number and mileage on the Motorway website to receive an instant estimated valuation. If the seller is happy with the valuation, they can create a car profile by taking photos and answering a few questions about the vehicle's condition. The car is then entered into a daily online sale where over 5,000 verified dealers can make offers.

At the end of the sale, the highest offer is presented to the seller, who can choose to accept or decline it. If the offer is accepted, the winning dealer will arrange to collect the car from the seller's home and make payment via bank transfer. Motorway's service is free for private car sellers, with the company making its revenue by charging a commission fee to the purchasing dealer.

Keywords: used car marketplace, online car auction, C2B platform, automotive e-commerce, vehicle sales, car valuation, dealer network, car bidding, vehicle remarketing, automotive technology

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Investments by Motorway

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Total Car Check (Formerly JAMIOLI)
ACQUISITION by Motorway Jul 2023