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
***********
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Phone
*********
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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
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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. 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.
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
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Debt – Conventional — $33.6M
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First Round
First Round
(27 Mar 2017)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Debt – Conventional - Motorway | Valuation |
investors |
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| Nov, 2021 | Amount | Series C - Motorway | Valuation | Index Ventures , Iconiq Capital | |
| Jun, 2021 | Amount | Series B - Motorway | Valuation | Index Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 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. 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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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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BMW i Ventures is focused on investing in automotive technology startups.
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Founded Year | Domain | Location | |
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Unbound is focused on building and backing long-term companies.
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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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Founded Year | Domain | Location | |
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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 Motorway
Motorway has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Total Car Check. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Used vehicle valuations are provided for automotive assessments.
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1938 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Motorway
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Motorway Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Second-hand car marketplace and automotive auction company
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| domain | founded_year | HQ Location |
Online portal to sell cars
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| domain | founded_year | HQ Location |
Operates as an online platform for purchasing used cars from individuals.
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| domain | founded_year | HQ Location |
Cars are sold to dealerships via an online C2B 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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| domain | founded_year | HQ Location |
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 Motorway
Frequently Asked Questions about Motorway
When was Motorway founded?
Motorway was founded in 2017.
Where is Motorway located?
Motorway is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Motorway?
Tom Leathes is the current CEO of Motorway. They have also founded this company.
Is Motorway a funded company?
Motorway is a funded company, having raised a total of $276.23M across 6 funding rounds to date. The company's 1st funding round was a Series B of $67.68M, raised on Mar 27, 2017.
How many employees does Motorway have?
As of Jan 31, 2021, the latest employee count at Motorway is 164.
What is the annual revenue of Motorway?
Annual revenue of Motorway is $50.91K as on Dec 31, 2022.
What does Motorway do?
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.
Who are the top competitors of Motorway?
Motorway's top competitors include Copart, The Car Buying Group and BCA.
What products or services does Motorway offer?
Motorway offers Car Valuation Tool, Auction Platform, and Collection Service.
How many acquisitions has Motorway made?
Motorway has made 1 acquisition, including Total Car Check.
Who are Motorway's investors?
Motorway has 12 investors. Key investors include Unbound, Index Ventures, BMW i Ventures, Latitude Investment Management, and Unbound.
What is Motorway's valuation?
The valuation of Motorway is $1B as of Nov 2021.