Announced
Completed
Financials
Sources
Tags
Friendly
Private
Cross Border
Minority
Private Equity
Acquisition
Single Bidder
Auto Services
cars
United Kingdom
Completed
Venture Capital
car marketplace
Synopsis
Index Ventures and ICONIQ led a $190m Series C round in Motorway, the UK’s fastest growing used car marketplace, with participation from Latitude, Unbound and BMW i Ventures. "In 2017, we set out to reinvent how people sell their cars, transforming a broken offline process by introducing a superior online experience. Our team has dedicated themselves to this mission through unprecedented times – enabling us to turn a traditionally lose-lose market into a win-win for our customers and dealer partners," Tom Leathes, Motorway CEO.
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