When was Motorway founded?

Motorway was founded in 2017 and became a unicorn in 2021.

Where is Motorway located?

Motorway is headquartered in London, United Kingdom. It is registered at International House, 24 Holborn Viaduct, London, England, EC1A 2BN.

Who is the current CEO of Motorway?

Tom Leathes of Motorway. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is Motorway associated with?

Motorway is associated with MOTORWAY ONLINE LTD.

How many employees does Motorway have?

As of Aug 31, 2026, the latest employee count at Motorway is 468.

Is Motorway a funded company?

Motorway is a funded company, having raised a total of $276M across 6 funding rounds to date. The company's 1st funding round was a $665K Angel round, raised on Mar 27, 2017.

How much is Motorway worth?

The latest valuation of Motorway is $1B as of Nov 29, 2021.

When was the latest funding round of Motorway?

Motorway's latest funding was a $33.6M Conventional Debt round on Dec 23, 2025, with participation from 1 investor.

What is the annual revenue of Motorway?

Annual revenue of Motorway is less than £1M as on Dec 31, 2025

Is Motorway a Auto E-Commerce & Content company?

The primary sectors of Motorway are Auto E-Commerce & Content and Auto Retail & Aftersales.

Where does Motorway rank among its competitors?

Motorway ranks 2nd amongst 95 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Motorway, which secured $33.6M in Dec, 2025.

Who are the top competitors of Motorway?

Motorway's top competitors include Copart, Dealer Auction and BCA. Among them, Motorway secured the most recent funding round in December, 2025.

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

Sectors and market segments that Motorway operate in

Motorway serves in the Auto Tech, Auto market segments.The primary business model of Motorway are:

Company Details

Online platform providing vehicle valuation and sales services to individuals. It offers a way for individuals to value and sell their vehicles. The platform facilitates connections between sellers and a network of dealers. It arranges for vehicle collection and payment processing upon sale completion.

Website: motorway.co.uk
Social
Email ID: *****@motorway.co.uk
Phone Number: +44 **********
Registered Address: International House, 24 Holborn Viaduct, London, England, EC1A 2BN

Key Metrics

Founded Year

2017

Location

London, United Kingdom

Stage

Series C

Total Funding

$276M in 6 rounds

Latest Funding Round

Conventional Debt, Dec 23, 2025, $33.6M

Post Money Valuation

$1B as on Nov 29, 2021

Investors

Index Ventures & 31 more

Ranked

2^nd among 95 active competitors

Annual Revenue

£0 - £1M as on Dec 31, 2025

Employee Count

468 as on Aug 31, 2026

Investment & Acquisitions

Total Car Check

Similar Companies

Tiantian Paiche & 18 more

View Motorway's full profile

Motorway is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MOTORWAY ONLINE LTD CIN: 10285711 , United Kingdom, Active	Jul 18, 2016	£0 - £1M (As on Dec 31, 2025)	448 (As on Dec 31, 2024)

Motorway has raised a total funding of $276M over 6 rounds. Its first funding round was on Mar 27, 2017. Its latest funding round was a Conventional Debt round on Dec 23, 2025 for $33.6M. 1 investor participated in its latest round. Motorway has 15 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of Motorway:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 23, 2025	$33.6M	Conventional Debt	-	-	-	Trinity Capital
Nov 29, 2021	$190M	Series C	$1B	-	Index Ventures, Iconiq Capital	BMW i Ventures, Latitude, Unbound
Jun 13, 2021	$67.7M	Series B	$1B	-	Index Ventures	BMW i Ventures, Unbound, Marchmont Ventures Group, Latitude

Access funding benchmarks and valuations. Sign up today!

View details of Motorway's funding rounds and investors

The founders of Motorway are Tom Leathes and Alex Buttle. Tom Leathes is the CEO of Motorway.

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

Tom Leathes: Co-Founder & CEO of Motorway. They are also an angel investor in 2 startups and serve on the board of 1 company.
Alex Buttle: Co-Founder & VP Growth of Motorway. They serve on the board of 1 company.

Motorway's Board of Directors

Motorway's board has 5 active members. Danny Rimer, Ducan Jennings, Tom Leathes, Alex Buttle and Harry Jones are part of team.

Here is the list of Motorway's board of directors:

Name	Type	Representing	Status	Duration
Tom Leathes	Team	-	Current	10y 2m
Alex Buttle	Team	-	Current	10y 2m
Harry Jones	Team	-	Current	10y 2m
Danny Rimer	Investor	Index Ventures	Current	5y 3m
Ducan Jennings	Investor	-	Current	8y 6m

View details of Motorway's Founder profiles and Board Members

Motorway's employee count trend

Motorway has 468 employees as of Aug 26. Here is Motorway's employee count trend over the years:

Uncover Motorway's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Motorway include Copart, Dealer Auction and BCA. Here is the list of Top 10 competitors of Motorway, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Copart 1982, Dallas (United States), Public	Online marketplace for used and salvaged vehicles	$1.1M	-	72/100
2nd	Motorway 2017, London (United Kingdom), Series C	Operator of an online marketplace connecting private sellers with dealers	$276M	Founder Collective, Trinity Capital & 30 others	60/100
3rd	Dealer Auction 2008, Leicester (United Kingdom), Unfunded	Online auction-based marketplace for used vehicles	-	-	44/100
4th	BCA 1946, Farnham (United Kingdom), Acquired	Online B2B marketplace for used vehicles	-	-	44/100
5th	Collecting Cars 2019, Bristol (United Kingdom), Unfunded	Outright buyers for pre-owned cars	-	-	43/100
6th	Aston Barclay Vehicle Remarketing 1984, Chelmsford (United Kingdom), Acquired	Online auction-based marketplace for used cars & remarketing platform	-	-	42/100
7th	Tootle 2015, London (United Kingdom), Deadpooled	A used car consignment provider	$6.36M	Hambro Perks, Channel 4	38/100
8th	Wizzle 2013, Christchurch (United Kingdom), Acquired	Online C2B portal to sell cars	-	-	36/100
9th	Dealer Auction 2008, Leicester (United Kingdom), Unfunded	Trade-only auction for franchised dealers	-	-	33/100
10th	The Car Buying Group 2014, Bradford (United Kingdom), Acquired	Online portal to sell cars	-	Net Ventures	32/100