Oodle Car Finance

Oxford, United Kingdom Founded: 2015 • Age: 11 yrs
Automotive finance for used car purchases is offered online.

About Oodle Car Finance

Oodle Car Finance is a company based in Oxford (United Kingdom) founded in 2015 by Jonathan Clayton and James Southon.. Oodle Car Finance has raised $90.17 million across 6 funding rounds from investors including Citi and KKR. The company has 324 employees as of June 30, 2021. Oodle Car Finance offers products and services including Car Finance Loan and Finance Calculator. Oodle Car Finance operates in a competitive market with competitors including Carmoola, Zuto, Moneybarn, CarMoney and MotorEasy, among others.

  • Headquarter Oxford, United Kingdom
  • Employees 324 as on 30 Jun, 2021
  • Founders Jonathan Clayton, James Southon
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Oodle Financial Services Limited
  • Date of Incorporation 08 Jun, 2010
  • Jurisdiction SALFORD, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
    $141.52 M (USD)
    26
    as on Jun 30, 2022
  • Net Profit
    $-36.71 M (USD)
    -286
    as on Jun 30, 2022
  • EBITDA
    $-36.71 M (USD)
    -289
    as on Jun 30, 2022
  • Total Equity Funding
    $90.17 M (USD)

    in 6 rounds

  • Latest Funding Round
    $436.31 M (USD), Debt – Conventional

    Sep 23, 2019

  • Investors
    Citi

    & 1 more

  • Employee Count
    324

    as on Jun 30, 2021

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Products & Services of Oodle Car Finance

Oodle Car Finance offers a comprehensive portfolio of products and services, including Car Finance Loan and Finance Calculator. 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.

Primary

Offers quick car loan approvals without impacting credit scores.

Helps estimate monthly payments for car loans accurately.

Funding Insights of Oodle Car Finance

Oodle Car Finance has successfully raised a total of $90.17M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $436.31 million completed in September 2019. 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 Rounds 6
  • Last Round Debt – Conventional — $436.3M
  • First Round

    (28 Jun 2016)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Debt – Conventional - Oodle Car Finance Valuation

investors

Mar, 2018 Amount Debt – Conventional - Oodle Car Finance Valuation

investors

Feb, 2017 Amount Series B - Oodle Car Finance Valuation KKR
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Oodle Car Finance

Oodle Car Finance has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi and KKR. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Founded Year Domain Location
Diversified financial services are offered through commercial banking operations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Oodle Car Finance

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Oodle Car Finance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Oodle Car Finance Comparisons

Employees
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Competitors of Oodle Car Finance

Oodle Car Finance 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 Carmoola, Zuto, Moneybarn, CarMoney and MotorEasy, 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 car loans are facilitated through an iOS app-based marketplace.
domain founded_year HQ Location
Tailor-made auto finance options are provided online for car buyers.
domain founded_year HQ Location
Direct automobile loans are offered in the UK by Moneybarn.
domain founded_year HQ Location
Car loans and leasing are facilitated through an online platform.
domain founded_year HQ Location
Provides car warranties, insurance, servicing, and vehicle maintenance services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Oodle Car Finance

Oodle adopts iVendi point-of-sale system
Motortrader1 year ago
Oodle gets nice with NICE
Enterprisetimes2 years ago

Frequently Asked Questions about Oodle Car Finance

When was Oodle Car Finance founded?

Oodle Car Finance was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Oodle Car Finance located?

Oodle Car Finance is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.

Who is the current CEO of Oodle Car Finance?

Jonathan Clayton is the current CEO of Oodle Car Finance. They have also founded this company.

Is Oodle Car Finance a funded company?

Oodle Car Finance is a funded company, having raised a total of $90.17M across 6 funding rounds to date. The company's 1st funding round was a Series B of $74.87M, raised on Jun 28, 2016.

How many employees does Oodle Car Finance have?

As of Jun 30, 2021, the latest employee count at Oodle Car Finance is 324.

What is the annual revenue of Oodle Car Finance?

Annual revenue of Oodle Car Finance is $141.52M as on Jun 30, 2022.

What does Oodle Car Finance do?

Founded in 2015 in Oxford, United Kingdom, Oodle Car Finance operates in the automotive lending sector. Personalized finance rates are provided based on credit profiles, with a representative APR of 12.1. An online platform facilitates used car classifieds, searches, and instant finance quotes. Most applications are processed without manual intervention, yielding responses in minutes, while others are handled within an hour.

Who are the top competitors of Oodle Car Finance?

Oodle Car Finance's top competitors include Carmoola, Zuto and CarMoney.

What products or services does Oodle Car Finance offer?

Oodle Car Finance offers Car Finance Loan and Finance Calculator.

Who are Oodle Car Finance's investors?

Oodle Car Finance has 2 investors. Key investors include Citi, and KKR.

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