About MotorSpecs
MotorSpecs is a company based in Glasgow (United Kingdom) founded in 2014 by Shane Teskey.. MotorSpecs offers products and services including Vehicle Identity API, Vehicle Images, Vehicle Spec & Options, Vehicle Valuation, and MOT Check. MotorSpecs operates in a competitive market with competitors including AutoAlert, Kelley Blue Book, Bumper, AlgoDriven and TecAlliance, among others.
- Headquarter Glasgow, United Kingdom
- Founders Shane Teskey
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Sectors
Transportation, Automotive & LogisticsTechnology
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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 Motorspec Ltd
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Annual Revenue
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Employee Count
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Products & Services of MotorSpecs
MotorSpecs offers a comprehensive portfolio of products and services, including Vehicle Identity API, Vehicle Images, Vehicle Spec & Options, Vehicle Valuation, and MOT Check. 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.
Quickly identifies UK vehicles with details like make and model
Provides royalty-free images for UK registered cars
Offers technical data on engine specs and dimensions
Delivers accurate values for private sale and trade
Checks MOT validity and history for vehicles
Funding Insights of MotorSpecs
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Seed - MotorSpecs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in MotorSpecs
MotorSpecs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HBAN. 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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A platform connecting angel investors to startups in Ireland.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by MotorSpecs
| 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 - MotorSpecs
| 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 |
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Motorspecs Comparisons
Competitors of MotorSpecs
MotorSpecs 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 AutoAlert, Kelley Blue Book, Bumper, AlgoDriven and TecAlliance, 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 |
Automotive data mining and trade-cycle management are provided for dealerships.
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New/used car buy/sell price information platform
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| domain | founded_year | HQ Location |
Vehicle history reports and automotive marketplace services are provided by Bumper.
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| domain | founded_year | HQ Location |
Data management solutions are delivered via SaaS for automotive commerce.
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TecAlliance is recognized as a global leader in providing spare parts data and business solutions for the automotive aftermarket.
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Vehicle history information provider for buyers and sellers of used cars
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Motorspecs
Frequently Asked Questions about MotorSpecs
When was MotorSpecs founded?
MotorSpecs was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is MotorSpecs located?
MotorSpecs is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
What does MotorSpecs do?
MotorSpecs was founded in 2014 in Glasgow, United Kingdom, within the automotive data sector. VRM-linked manufacturer specifications and options data for cars are delivered through an API, allowing access via vehicle registration numbers or other identifiers. Partnerships with JATO for specifications and CDL for VRM data are maintained. Services encompass vehicle technical data, specifications, options, and valuation features for business use.
Who are the top competitors of MotorSpecs?
MotorSpecs's top competitors include Kelley Blue Book, Carfax and carVertical.
What products or services does MotorSpecs offer?
MotorSpecs offers Vehicle Identity API, Vehicle Images, Vehicle Spec & Options, Vehicle Valuation, and MOT Check.
Who are MotorSpecs's investors?
MotorSpecs has 1 investor. Key investors include HBAN.
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