About Motordepot
Motordepot is a company based in Hessle (United Kingdom) founded in 2003 was acquired by Aramis Group in March 2021.. Motordepot offers products and services including Reconditioned Cars, Used Electric Cars, Car Finance, and Warranty Plans. Motordepot operates in a competitive market with competitors including Porsche, Cazoo, Copart, Fiat Chrysler Automobiles and Group1 Automotive, among others.
- Headquarter Hessle, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Motor Depot Limited
- Date of Incorporation 05 Nov, 2001
- Jurisdiction HESSLE, EAST YORKSHIRE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Aramis Group
(Mar 17, 2021)
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Products & Services of Motordepot
Motordepot offers a comprehensive portfolio of products and services, including Reconditioned Cars, Used Electric Cars, Car Finance, and Warranty Plans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-quality reconditioned used cars with warranties and checks
Pre-owned EVs with reconditioning and charging guidance
Affordable finance options for vehicle purchases
Extended warranties for reconditioned vehicles
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Funding Insights of Motordepot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Motordepot
Motordepot has secured backing from 1 investor. Prominent investors backing the company include Aramis Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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New and used cars are sold online by Aramis Group.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Motordepot
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Motordepot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Motordepot Comparisons
Competitors of Motordepot
Motordepot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Porsche, Cazoo, Copart, Fiat Chrysler Automobiles and Group1 Automotive, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Luxury sports cars are designed, manufactured, and distributed internationally.
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| domain | founded_year | HQ Location |
Online dealer of second-hand cars
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| domain | founded_year | HQ Location |
Used and salvaged vehicles are offered via an online marketplace.
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Automobiles are manufactured under brands like Fiat, Chrysler, and Jeep.
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| domain | founded_year | HQ Location |
Provider of new & used cars and trucks dealership services
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| domain | founded_year | HQ Location |
Automotive vehicle listings are managed via an app-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Motordepot
Frequently Asked Questions about Motordepot
When was Motordepot founded?
Motordepot was founded in 2003.
Where is Motordepot located?
Motordepot is headquartered in Hessle, United Kingdom. It is registered at Hessle, England, United Kingdom.
What does Motordepot do?
Motordepot was founded in 2003 in Hessle, United Kingdom. Used vehicles are handled by the company within the automotive sector. Sales operations are conducted primarily in the UK, with online access provided through motordepot.co.uk. Pre-owned cars are offered to customers in the region, focusing on dealership services without new vehicle involvement. The business remains centered on local and national used car markets.
Who are the top competitors of Motordepot?
What products or services does Motordepot offer?
Motordepot offers Reconditioned Cars, Used Electric Cars, Car Finance, and Warranty Plans.
Who are Motordepot's investors?
Motordepot has 1 investor. Key investors include Aramis Group.