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Carmoola - About the company

Carmoola is a series B company based in London (United Kingdom), founded in 2021 by Aidan Rushby, Roman Sumnikov, Amy Mckechnie and Igor Gordiichuk. It operates as an App-based marketplace for used car loans. Carmoola has raised $186M in funding from investors like QED Investors, AlleyCorp and u.ventures. The company has 54 active competitors, including 5 funded and 6 that have exited. Its top competitors include companies like Oodle Car Finance, Zuto and MotorEasy.

Company Details

App-based marketplace for used car loans. It provides users with a platform that directs users to a car dealership or digital car marketplaces to buy a new car with finance and provides a suitable finance payment plan. The application is available for iOS devices.
Social
Facebook
Email ID
*****@carmoola.co.uk
Phone Number
+44 **********
Key Metrics
Founded Year
2021
Location
Stage
Series B
Total Funding
$186M in 6 rounds
Ranked
Employee Count
69 as on May 31, 2026
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Carmoola's funding and investors

Carmoola has raised a total funding of $186M over 6 rounds. Its first funding round was on Apr 08, 2022. Its latest funding round was a Conventional Debt round on Jun 25, 2025 for $*****. 2 investors participated in its latest round. Carmoola has 11 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Carmoola:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 25, 2025
7668182
Conventional Debt
5069394
7548165
9871118
6193896
Sep 30, 2024
1357779
Conventional Debt
2870849
6724908
2356271
Jan 16, 2024
3680664
Series B
2311953
5508461
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Carmoola's founders and board of directors

Founder? Claim Profile
The founders of Carmoola are Aidan Rushby, Roman Sumnikov, Amy Mckechnie and Igor Gordiichuk. Aidan Rushby is the CEO of Carmoola.
Here are the details of Carmoola's key team members:

Carmoola's employee count trend

Carmoola has 69 employees as of May 26. Here is Carmoola's employee count trend over the years:
Employee count trend for Carmoola
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Carmoola's Competitors and alternates

Top competitors of Carmoola include Oodle Car Finance, Zuto and MotorEasy. Here is the list of Top 10 competitors of Carmoola, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Carmoola
Carmoola
2021, London (United Kingdom), Series B
App-based marketplace for used car loans
$186M
71/100
2nd
Logo for Oodle Car Finance
Oodle Car Finance
2015, Oxford (United Kingdom), Series B
Provider of online platform for car finance application and approval
$74.9M
70/100
3rd
Logo for Zuto
Zuto
2006, Macclesfield (United Kingdom), Acquired
Online platform offering tools for car financing and vehicle purchasing support
$21.6M
59/100
4th
Logo for MotorEasy
MotorEasy
2016, Reading (United Kingdom), Unfunded
Provider of vehicle protection, maintenance, and repair services
-
-
40/100
5th
Logo for CarMoney
CarMoney
2014, Glasgow (United Kingdom), Funding Raised
Online car loan & car leasing platform
-
42/100
6th
Logo for Superbike Loans
Superbike Loans
2013, Macclesfield (United Kingdom), Funding Raised
Platform to avail motorcycle loans
-
-
41/100
7th
Logo for AutoMoney Motor Finance
AutoMoney Motor Finance
2019, Redditch (United Kingdom), Series A
Online platform for auto loans
$34.1M
-
39/100
8th
Logo for FinanceAcar
FinanceAcar
2009, London (United Kingdom), Series A
Car finance aggregation and comparison portal
-
38/100
9th
Logo for What Credit
What Credit
2009, Maidstone (United Kingdom), Funding Raised
Platform for new and used auto loans
-
-
33/100
10th
Logo for Moneybarn
Moneybarn
1992, Portsmouth (United Kingdom), Acquired
Direct lender of automobile loans
-
33/100
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Carmoola's Investments and acquisitions

Carmoola has made no investments or acquisitions yet.

Reports related to Carmoola

Here is the latest report on Carmoola's sector:

News related to Carmoola

lockFilter this list
Media has covered Carmoola for a total of 2 events in the last 1 year, 1 of them has been about people movement.
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