FinanceAcar - About the company
FinanceAcar is a series A company based in London (United Kingdom), founded in 2009 by Nadim Saad and Mark Peatey. It operates as a Car finance aggregation and comparison portal. FinanceAcar has raised an undisclosed amount in funding. The company has 54 active competitors, including 5 funded and 6 that have exited. Its top competitors include companies like Carmoola, Oodle Car Finance and Zuto.
Company Details
FinanceAcar is a car finance comparison engine for comparing vehicle finance prices based on car loans, financial options, etc. Allows users to select their preferred new vehicle by make & model, by budget and/or by car type and then it tells them the cheapest monthly price to finance that car. Users can also apply for a loan online.
- Website
- financeacar.co.uk
- Social
- Registered Address
- 2 Acorn Business Park, Heaton Lane, Stockport, Cheshire, England, SK4 1AS
Key Metrics
Founded Year
2009
Location
London, United Kingdom
Stage
Series A
Latest Funding Round
Investors
Ranked
8th among 54 active competitors
Employee Count
21 as on Mar 31, 2021
Similar Companies
Legal entities associated with FinanceAcar
FinanceAcar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Vehicle Consulting UK Limited CIN: 4360826 , Germany, Active | Jan 24, 2002 | - | 21 (As on Mar 31, 2021) |
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FinanceAcar's funding and investors
FinanceAcar has raised funding over 2 rounds. Its first funding round was on Sep 16, 2010. Its latest funding round was a Series A round on Aug 03, 2011 for $*****. 3 investors participated in its latest round. FinanceAcar has 2 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of FinanceAcar:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 03, 2011 | 9083619 | Series A | 5179492 | 3658013 | 9290116 | 3535291 |
Sep 16, 2010 | 7355278 | Seed | 3274115 | 2867475 | 3103719 |
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FinanceAcar's founders and board of directors
Founder? Claim ProfileThe founders of FinanceAcar are Nadim Saad and Mark Peatey.
Here are the details of FinanceAcar's key team members:
- Nadim Saad: Co-Founder of FinanceAcar and founder of 1 other company. They are also an angel investor in 2 startups.
- Mark Peatey: Co-Founder of FinanceAcar.
View details of FinanceAcar's Founder profiles and Board Members
FinanceAcar's employee count trend
FinanceAcar has 21 employees as of Mar 21. The total employee count is 5.0% more than what it was in Mar 20. Here is FinanceAcar's employee count trend over the years:
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FinanceAcar's Competitors and alternates
Top competitors of FinanceAcar include Carmoola, Oodle Car Finance and Zuto. Here is the list of Top 10 competitors of FinanceAcar, ranked by Tracxn score:
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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 | 71/100 | |
2nd | _1580727814706.png?devicePixelRatio=2&height=30&width=30){kind=logo} Oodle Car Finance 2015, Oxford (United Kingdom), Series B | Provider of online platform for car finance application and approval | $74.9M | 70/100 | |
3rd | Zuto 2006, Macclesfield (United Kingdom), Acquired | Online platform offering tools for car financing and vehicle purchasing support | $21.6M | 59/100 | |
4th | CarMoney 2014, Glasgow (United Kingdom), Funding Raised | Online car loan & car leasing platform | - | 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 | - | 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 |
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FinanceAcar's Investments and acquisitions
FinanceAcar has made no investments or acquisitions yet.
Reports related to FinanceAcar
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