About Evolution Funding
Evolution Funding is a company based in Chesterfield (United Kingdom) founded in 2002, and was acquired by The Carlyle Group in July 2023. It operates as a provider of motor finance and technology solution. Evolution Funding has raised $15.02 million across 2 funding rounds from investors including The Carlyle Group, LDC and Swedfund. The company has 440 employees. Evolution Funding has completed 4 acquisitions, including Automotive Compliance, China Molybdenum Group and Click Dealer. Its website evolutionfunding.com draws about 94 thousand monthly visits. Evolution Funding offers products and services including Motor Finance and Digital Solutions. Its legal entity is Evolution Funding Ltd.
Company details
Evolution Funding, based in Chesterfield, United Kingdom, focuses on leveraging cutting-edge technology. Provider of motor finance and technology solution. The company prioritizes operational excellence and customer-centric approaches. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
- Headquarters Chesterfield, United Kingdom
- Employees 440
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website evolutionfunding.com/public
- Social LinkedIn X Facebook
- Acquired by The Carlyle Group (Jul 2023)
- Legal Name Evolution Funding Ltd
- Annual Revenue$119.09 M (USD)43as on Dec 31, 2022
- Net Profit-$10.33 M (USD)31as on Dec 31, 2022
- EBITDA-$8.13 M (USD)40as on Dec 31, 2022
- Total Equity Funding$15.02M (USD)
in 2 rounds
- InvestorsThe Carlyle Group
& 2 more
- Employee Count440
- Investments & AcquisitionsAutomotive Compliance
& 3 more
- Acquired byThe Carlyle Group
(Jul 2023)
Products & Services of Evolution Funding
Evolution Funding offers a comprehensive portfolio of products and services, including Motor Finance and Digital Solutions.
Finance is provided for used vehicles through brokerage services
Digital tools are offered for lead generation, credit pre-screening, and lender selection in motor finance
Funding Insights of Evolution Funding
Evolution Funding has successfully raised a total of $15.02M across 2 strategic funding rounds. 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 $15.02M
- Total Rounds 2
- First Round $15.02M
(Apr 2018)
- Investors Count 2
All 2 funding rounds of Evolution Funding with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in Evolution Funding
Evolution Funding has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include The Carlyle Group, LDC and Swedfund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are focused on multiple sectors for growth. | 1981 | ldc.co.uk | London, United Kingdom | |
Early-stage SMEs are invested in by government-operated Swedfund. | 1979 | swedfund.se | Stockholm, Sweden | |
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | - |
Investor details for Evolution Funding
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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- Co-investor network
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People of Evolution Funding
57 people are tracked at Evolution Funding (21 in leadership, 36 in team); the tracked headcount is 440.
| Name | Role | Group |
|---|---|---|
Daniel Reeve | CTO | Leadership |
Paul Hibbert | Key Account Director | Leadership |
Jonathan Turner | Regional Sales Director | Leadership |
Sarah Simpkins | Marketing Director | Leadership |
Paul Saggar | Chief Innovation Officer | Leadership |
Neil Holland | Head Of Sales - North | Leadership |
Katie Hayes | Chief Operating Officer - Evolution Funding | Leadership |
Kirsty Watson | Head Of Customer Engagement | Leadership |
Danny Flynn | Regional Sales Director | Leadership |
Lee Streets | Chief Executive Officer | Leadership |
Alan Smith | Commercial Director | Leadership |
David Bamforth | Head Of Sales (new Business) | Leadership |
Angela Larkin | Group Human Resources Director | Leadership |
Adam Small | Group Head Of Consumer Operations And Lending | Leadership |
Mat Richardson | Head Of Data Engineering | Leadership |
Peter Isaacson | Head Of Sales South | Leadership |
Sam Whittaker | Commercial Operations Director | Leadership |
Carl Christian | Regional Sales Director | Leadership |
Samantha Osborn | Head Of Risk & Compliance | Leadership |
Kate Morris | Regional Sales Director | Leadership |
37 more people are available in the full profile.
Complete people profiles for Evolution Funding
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Investments & Acquisitions by Evolution Funding
Evolution Funding has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Automotive Compliance, China Molybdenum Group and Click Dealer.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provides FCA compliance advice, software, and consultation for automotive businesses. | automotive-compliance.co.uk | Gloucester, United Kingdom | 2008 | Dec 2025 | •••• | |
Metal exploration and development services are provided globally. | cmoc.com | Luoyang, China | 1969 | Dec 2023 | •••• | |
Provider of financial services | motionfinance.co.uk | Warrington, United Kingdom | 2017 | Jun 2023 | •••• | |
Digital retail and finance solutions are provided for dealerships. | clickdealer.co.uk | – | 1999 | Jul 2021 | •••• |
Complete acquisition details for Evolution Funding
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Evolution Funding
8 dated milestones of Evolution Funding across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Evolution Funding is founded.
- Funding First funding round of $15.0M.
- Funding Latest funding round, Private Equity Round,.
- Acquisition Acquires Click Dealer.
- Acquisition Acquires Motion Finance.
- Exit Acquired by The Carlyle Group.
- Acquisition Acquires China Molybdenum Group.
- Acquisition Acquires Automotive Compliance.
Web traffic of Evolution Funding
The website of Evolution Funding (evolutionfunding.com) receives about 93.8K visits a month.
- Monthly visits93.8K
▲ 24.6% vs previous month
Websites whose visitors overlap most with Evolution Funding. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| autotrader.co.uk | 100% | 40.1M | #725 | View details | |
autozone.co.uk | autozone.co.uk | 94% | – | #2,745,679 | – |
| arbury.co.uk | 76% | 680.7K | #854,840 | View details | |
suzuki.co.uk | suzuki.co.uk | 75% | – | #98,860 | – |
| evolutionmoney.co.uk | 32% | – | #961,292 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Evolution Funding
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- 7 similar websites
- Audience overlap
- Engagement analytics
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Verified entity values are shown only after access is granted.
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Related news about Evolution Funding
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Frequently Asked Questions about Evolution Funding
Evolution Funding was founded in 2002 and raised its 1st funding round 16 years after it was founded.
Evolution Funding is headquartered in Chesterfield, United Kingdom. It is registered at Chesterfield, Derbyshire, United Kingdom.
Evolution Funding is a funded company, having raised a total of $15.02M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15.02M, raised on Apr 2018.
Evolution Funding has 440 employees.
Annual revenue of Evolution Funding is $119.09M as on Dec 31, 2022.
Evolution Funding, based in Chesterfield, United Kingdom, focuses on leveraging cutting-edge technology. Provider of motor finance and technology solution. The company prioritizes operational excellence and customer-centric approaches. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
Evolution Funding offers Motor Finance and Digital Solutions.
Evolution Funding has made 4 acquisitions, including Automotive Compliance, China Molybdenum Group, and Click Dealer.
Evolution Funding has 3 investors. Key investors include The Carlyle Group, LDC, and Swedfund.
Evolution Funding operates through Evolution Funding Ltd.
Yes. Evolution Funding was acquired by The Carlyle Group in July 2023.