When was Carmoola founded?

Carmoola was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Carmoola located?

Carmoola is headquartered in London, United Kingdom.

Who is the current CEO of Carmoola?

Aidan Rushby of Carmoola. They have also founded 1 company.

Which legal entities is Carmoola associated with?

Carmoola is associated with CARMOOLA GROUP LIMITED and 1 other.

How many employees does Carmoola have?

As of Jul 31, 2026, the latest employee count at Carmoola is 65.

Is Carmoola a funded company?

Carmoola is a funded company, having raised a total of $186M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 08, 2022.

When was the latest funding round of Carmoola?

Carmoola's latest funding was a $***** Conventional Debt round on Jun 25, 2025, with participation from 2 investors.

Where does Carmoola rank among its competitors?

Carmoola ranks 1st amongst 54 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Carmoola, which secured $408M in Jun, 2025.

Who are the top competitors of Carmoola?

Carmoola's top competitors include Oodle Car Finance, Zuto and CarMoney. Among them, Carmoola secured the most recent funding round in June, 2025.

Carmoola - 2026 Company Profile, Team, Funding, Competitors & Financials

Carmoola is a series B company based in London (United Kingdom), founded in 2021 by Aidan Rushby, Roman Sumnikov and Amy Mckechnie. 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 CarMoney.

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.

Website: www.carmoola.co.uk/
Social
Email ID: *****@carmoola.co.uk
Phone Number: +44 **********

Key Metrics

Founded Year

2021

Location

London, United Kingdom

Stage

Series B

Total Funding

$186M in 6 rounds

Latest Funding Round

Conventional Debt, Jun 25, 2025, $*****

Investors

QED Investors & 15 more

Ranked

1^st among 54 active competitors

Employee Count

65 as on Jul 31, 2026

Similar Companies

Oodle Car Finance & 38 more

View Carmoola's full profile

Carmoola is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CARMOOLA GROUP LIMITED CIN: 13011635 , United Kingdom, Active		-	4 (As on Nov 30, 2022)
CARMOOLA LIMITED CIN: 12992987 , United Kingdom, Active	Nov 02, 2020	-	-

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 25, 2025	2624691	Conventional Debt	6174918	6105272	8906788	1217914
Sep 30, 2024	2506005	Conventional Debt	2487983	5781374	2483803	NatWest
Jan 16, 2024	4065545	Series B	8169011	3302428	AlleyCorp & 1 more	QED Investors & 3 more

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View details of Carmoola's funding rounds and investors

The founders of Carmoola are Aidan Rushby, Roman Sumnikov and Amy Mckechnie. Aidan Rushby is the CEO of Carmoola.

Here are the details of Carmoola's key team members:

Aidan Rushby: Co-Founder & CEO of Carmoola and founder of 1 other company.
Contact Info: 2 email addresses
Roman Sumnikov: Co-Founder of Carmoola.
Contact Info: 1 email address
Amy Mckechnie: Co-Founder of Carmoola.
Contact Info: 1 email address

View details of Carmoola's Founder profiles and Board Members

Carmoola's employee count trend

Carmoola has 65 employees as of Jul 26. Here is Carmoola's employee count trend over the years:

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Top competitors of Carmoola include Oodle Car Finance, Zuto and CarMoney. 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	Carmoola 2021, London (United Kingdom), Series B	App-based marketplace for used car loans	$186M	QED Investors, NatWest & 14 others	70/100
2nd	Oodle Car Finance 2015, Oxford (United Kingdom), Series B	Provider of online platform for car finance application and approval	$74.9M	KKR, Citi & 13 others	70/100
3rd	Zuto 2006, Macclesfield (United Kingdom), Acquired	Online platform offering tools for car financing and vehicle purchasing support	$21.6M	Scottish Equity Partners, Columbia Lake Partners ... & 32 others	59/100
4th	CarMoney 2014, Glasgow (United Kingdom), Funding Raised	Online car loan & car leasing platform	-	Expobank	42/100
5th	Superbike Loans 2013, Macclesfield (United Kingdom), Funding Raised	Platform to avail motorcycle loans	-	-	41/100
6th	MotorEasy 2016, Reading (United Kingdom), Unfunded	Provider of vehicle protection, maintenance, and repair services	-	-	40/100
7th	AutoMoney Motor Finance 2019, Redditch (United Kingdom), Series A	Online platform for auto loans	$34.1M	-	39/100
8th	FinanceAcar 2009, London (United Kingdom), Series A	Car finance aggregation and comparison portal	-	Seedcamp, Anthemis Group & 3 others	38/100
9th	FairSquare 2003, Birmingham (United Kingdom), Unfunded	Loan comparison platform	-	-	35/100
10th	What Credit 2009, Maidstone (United Kingdom), Funding Raised	Platform for new and used auto loans	-	-	33/100