About Motorway
Motorway is a company based in London (United Kingdom) founded in 2017 by Tom Leathes, Alex Buttle, and Harry Jones. Motorway has raised $276.23 million across 6 funding rounds from investors including Unbound, Index Ventures and BMW i Ventures. The company has 164 employees as of January 31, 2021. Motorway has completed 1 acquisition, including Total Car Check. Motorway offers products and services including Car Valuation Tool, Auction Platform, and Collection Service. Motorway operates in a competitive market with competitors including Copart, BCA, The Car Buying Group, We Buy Any Car and Wizzle, among others.
- Headquarter London, United Kingdom
- Employees 164 as on 31 Jan, 2021
- Founders Tom Leathes, Alex Buttle, Harry Jones
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Motorway Online Ltd
- Date of Incorporation 19 Jul, 2016
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$50.91 K (USD)107as on Dec 31, 2022
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Net Profit
-$52.62 K (USD)-246as on Dec 31, 2022
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EBITDA
Not available
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Total Equity Funding
$276.23 M (USD)
in 6 rounds
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Latest Funding Round
$33.57 M (USD), Debt – Conventional
Dec 23, 2025
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Investors
Unbound
& 11 more
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Employee Count
164
as on Jan 31, 2021
- Investments & Acquisitions
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Products & Services of Motorway
Motorway offers a comprehensive portfolio of products and services, including Car Valuation Tool, Auction Platform, and Collection Service.
Free tool to instantly estimate car value using market data
Online system for dealers to bid on used cars
Free home pickup and payment for sold vehicles
People of Motorway
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Funding Insights of Motorway
Motorway has successfully raised a total of $276.23M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $33.57 million completed in December 2025. 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.
Investors in Motorway
Motorway has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Unbound, Index Ventures and BMW i Ventures.
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Venture capital investments in technology startups and entrepreneurs.
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BMW i Ventures is focused on investing in automotive technology startups.
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Unbound is focused on building and backing long-term companies.
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Investor details for Motorway
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Investments & Acquisitions by Motorway
Motorway has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Total Car Check.
Investment portfolio details for Motorway
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Used vehicle valuations are provided for automotive assessments.
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Complete acquisition details for Motorway
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Financial Statements - Motorway
Detailed financials for Motorway
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Motorway Comparisons
Peer comparison for Motorway
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Competitors of Motorway
Motorway 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 Copart, BCA, The Car Buying Group, We Buy Any Car and Wizzle, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Used and salvaged vehicles are offered via an online marketplace.
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Second-hand car marketplace and automotive auction company
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Online portal to sell cars
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Operates as an online platform for purchasing used cars from individuals.
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Cars are sold to dealerships via an online C2B platform.
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Detailed competitors of Motorway
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Latest news on Motorway
Complete news archive for Motorway
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Frequently Asked Questions about Motorway
Motorway was founded in 2017.
Motorway is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Tom Leathes is the current CEO of Motorway. They have also founded this company.
Motorway is a funded company, having raised a total of $276.23M across 6 funding rounds to date.
As of Jan 31, 2021, the latest employee count at Motorway is 164.
Annual revenue of Motorway is $50.91K as on Dec 31, 2022.
Online C2B auction-based marketplace for used cars. Users need to enter their vehicles registration number to receive a free online valuation. Based on the information provided and the initial valuation, the users receive offers from various car-buying sites. Users can compare the offers and select the best deal.
Motorway's top competitors include Copart, The Car Buying Group and BCA.
Motorway offers Car Valuation Tool, Auction Platform, and Collection Service.
Motorway has made 1 acquisition, including Total Car Check.
Motorway has 12 investors. Key investors include Unbound, Index Ventures, BMW i Ventures, Latitude Investment Management, and Unbound.
The valuation of Motorway is $1B as of Nov 2021.