
Motorway
The next-generation used car marketplace.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
investor investor investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
* | $190m Valuation: $1.0b | Series C | |
Total Funding | 000k |
GBP | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 107 % | 70 % | 14 % |
EBITDA | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (63 %) | (105 %) | - | - |
Profit | 0000 | 0000 | 0000 | 0000 |
% profit margin | (62 %) | (103 %) | (43 %) | - |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
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
Tech stack
Investments by Motorway
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