About equipal
equipal is a Financial Services company based in London (United Kingdom) founded in 2018 by Eamonn Mcmahon. It operates as an equipment financing solutions are provided for enterprises through flexible packages. It operates in the Financial Services and Transportation, Automotive & Logistics sectors. equipal has raised $1.67 million across 4 funding rounds from investors including Barclays and Techstars. The company has 2 employees. equipal offers products and services including Explorer Tool and Dashboard. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Suite. Its legal entity is BARNSBURY ROAD FINANCE LTD. Its competitors include Zego, Marshmallow, Cuvva, Octo Telematics and By Miles and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Equipal was founded in 2018 and is headquartered in London, United Kingdom. Equipment financing solutions are offered to enterprises in the financial services sector. Flexible funding packages are designed to support business operations and expansion. Services focus on convenient access to capital for acquiring machinery and tools, with operations centered in the UK market. Key leadership includes Eamonn McMahon as Founder and Managing Director.
- Headquarters London, United Kingdom
- Employees 2
- Founders Eamonn Mcmahon
- SectorsFinancial ServicesTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website equipal.co
- Social LinkedIn X Facebook
- Legal Name Barnsbury Road Finance Ltd.
- Date of Incorporation 08 Aug, 2016
- Jurisdiction LONDON, UNITED KINGDOM
- Total Equity Funding$1.67M (USD)
in 4 rounds
- Latest Funding Round$19.85M (USD), Debt – Conventional
Jun 2026
- InvestorsBarclays
& 1 more
- Employee Count2
Products & Services of equipal
equipal offers a comprehensive portfolio of products and services, including Explorer Tool and Dashboard.
Tool for searching and enquiring equipment from vendors across industries.
Platform to track equipment, maintenance, and insurance details efficiently.
Funding Insights of equipal
equipal has successfully raised a total of $1.67M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $19.85 million completed in June 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.67M
- Total Rounds 4
- Last Round Debt – Conventional — $19.85M
- Investors Count 2
All 4 funding rounds of equipal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in equipal
equipal has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Barclays and Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Diversified financial services are provided across global markets. | 1690 | home.barclays | London, United Kingdom |
Investor details for equipal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of equipal
3 people are tracked at equipal (1 in leadership, 2 in team); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Eamonn Mcmahon | Founder & Managing Director | Leadership |
Leigh Baker | Risk Advisor | Team |
Grace Kneafsey | Advisor | Team |
Complete people profiles for equipal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of equipal
3 dated milestones of equipal across 8 years, from founding to its latest funding, stage changes and deals.
- Founded equipal is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $19.8M.
Competitors of equipal
equipal has 9 listed competitors in our database, 7 of them funded. They include Zego, Marshmallow, Cuvva, Octo Telematics and By Miles, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zego.com | 2016 | London, United Kingdom | $309.7M | – | Motor insurance is provided for personal and work driving. | |
| marshmallow.com | 2017 | London, United Kingdom | $161.3M | 310 | Auto insurance is delivered via app to individual drivers. | |
| cuvva.com | 2014 | London, United Kingdom | $27.19M | 198 | Online usage-based car insurance solutions | |
| octotelematics.com | 2002 | Rome, Italy | – | 176 | Provider of telematics and data analytics solutions for the insurance and connected mobility sectors | |
| bymiles.co.uk | 2016 | London, United Kingdom | $26.96M | 33 | Pay-per-mile auto insurance is offered through a mobile app. | |
| bikmo.com | 2013 | Chester, United Kingdom | $12.48M | 28 | Provider of cycle insurance for damage, theft, or loss | |
| humn.ai | 2017 | London, United Kingdom | $15.23M | 30 | Fleet insurance distribution is provided via a specialized platform. | |
| webfleet.com | 1991 | Amsterdam, Netherlands | – | – | Provides cloud-based fleet management software solutions. | |
| trakglobalgroup.com | 2009 | Crewe, United Kingdom | $50M | 129 | Data and monitoring solutions for auto insurance are provided. |
Detailed competitors of equipal
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of equipal
The website of equipal (equipal.co) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 3.3% vs previous month
Top companies in Insurance Technology & Support Services
10 companies that operate in the same segment as equipal (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | 699 | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Uusimaa, Finland | USD 1.25 B | USD 111.51 M | 1,156 | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | 649 | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 215 M | – | 109 |
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Frequently Asked Questions about equipal
equipal was founded in 2018 and raised its 1st funding round 2 years after it was founded.
equipal is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
equipal is a funded company, having raised a total of $1.67M across 4 funding rounds to date.
equipal has 2 employees.
Equipal was founded in 2018 and is headquartered in London, United Kingdom. Equipment financing solutions are offered to enterprises in the financial services sector. Flexible funding packages are designed to support business operations and expansion. Services focus on convenient access to capital for acquiring machinery and tools, with operations centered in the UK market. Key leadership includes Eamonn McMahon as Founder and Managing Director.
equipal's top competitors include Marshmallow, Cuvva and Octo Telematics.
equipal offers Explorer Tool and Dashboard.
equipal operates through Barnsbury Road Finance Ltd..