When was Newable founded?

Newable was founded in 1982 and raised its 1st funding round 35 years after it was founded.

Where is Newable located?

Newable is headquartered in London, United Kingdom. It is registered at 140 ALDERSGATE STREET,LONDON,ENGLAND,EC1A 4HY.

How many employees does Newable have?

As of Mar 31, 2023, the latest employee count at Newable is 1079.

Is Newable a funded company?

Newable is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2017.

When was the latest funding round of Newable?

Newable's latest funding was a $***** Grant (prize money) round on Jul 08, 2020, with participation from 1 investor.

Where does Newable rank among its competitors?

Newable ranks 3rd amongst 214 active competitors, of which 15 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was AlbaCo, which secured $1.02M in Jun, 2025.

Who are the top competitors of Newable?

Newable's top competitors include WuXi AppTec, Greensill and Ultimate Finance. Among them, AlbaCo secured the most recent funding round in June, 2025.

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

Newable is an acquired company based in London (United Kingdom), founded in 1982. It operates as a Provider of business loans. Newable has raised an undisclosed amount in funding. The company has 214 active competitors, including 15 funded and 30 that have exited. Its top competitors include companies like WuXi AppTec, Greensill and Ultimate Finance.

Company Details

Website: www.newable.co.uk/
Social
Email ID: *****@newable.co.uk
Phone Number: +44 **********
Part Of
Registered Address: 140 ALDERSGATE STREET,LONDON,ENGLAND,EC1A 4HY

Key Metrics

Founded Year

1982

Location

London, United Kingdom

Stage

Acquired

Latest Funding Round

Grant (prize money), Jul 08, 2020, $*****

Investors

British Business Investments & 1 more

Ranked

3^rd among 214 active competitors

Employee Count

1,079 as on Mar 31, 2023

Investment & Acquisitions

OJ Health and Safety & 44 more

Similar Companies

AYEFin & 2421 more

Exit Details

Acquired by Maven Capital Partners (Dec 01, 2023)

View Newable's full profile

Newable is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
NEWABLE CONTRACTS HOLDINGS LIMITED CIN: 5547057 , United Kingdom, Active	Aug 24, 2005	-	-
NEWABLE COMMERCIAL FINANCE LIMITED CIN: 7474588 , United Kingdom, Active	Dec 20, 2010	-	-
NEWABLE CAPITAL LIMITED CIN: 7047521 , United Kingdom, Active	Oct 16, 2009	-	-
NEWABLE PARTNERSHIP LIMITED CIN: 14356119 , United Kingdom, Active	Sep 13, 2022	-	1079 (As on Mar 31, 2023)

Newable got acquired by Maven Capital Partners on Dec 01, 2023.

Click here to take a look at Newable's acquisition in detail

Newable has raised funding over 5 rounds. Its first funding round was on Jan 01, 2017. Its latest funding round was a Grant (prize money) round on Jul 08, 2020 for $*****. 1 investor participated in its latest round. Newable has 2 institutional investors.

Here is the list of recent funding rounds of Newable:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 08, 2020	3608216	Grant (prize money)	4511245	6129764	2273150	8263041
Jan 01, 2020	8759086	Grant (prize money)	4048038	6294601	3200316	Europa
Jan 01, 2019	9077263	Grant (prize money)	4687326	5382465	7517168	Europa

Access funding benchmarks and valuations. Sign up today!

View details of Newable's funding rounds and investors

Newable's employee count trend

Newable has 1,079 employees as of Mar 23. Here is Newable's employee count trend over the years:

Uncover Newable'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 Newable include WuXi AppTec, Greensill and Ultimate Finance. Here is the list of Top 10 competitors of Newable, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WuXi AppTec 2000, Shanghai (China), Public	Provider of CRO and CDMO services	$40M	Synergis Capital, HongShan & 27 others	71/100
2nd	Greensill 2011, London (United Kingdom), Series E	Provider of working capital loans	$1.7B	SoftBank Vision Fund, General Atlantic & 5 others	60/100
3rd	Newable 1982, London (United Kingdom), Acquired	Provider of business loans	-	British Business Investments, Europa	59/100
4th	Ultimate Finance 2002, Bristol (United Kingdom), Funding Raised	Provides working capital loans for SME's	-	Tavistock Group, HSBC & 4 others	58/100
5th	Close Brothers 1878, London (United Kingdom), Acquired	Diversified NBFI	-	-	58/100
6th	Development Bank of Wales 2001, Wrexham (United Kingdom), Funding Raised	Provider of equity funding and business & property development loans	-	-	56/100
7th	Noumed 2014, Maidenhead (United Kingdom), Seed	Company specializes in manufacturing and marketing of generic pharmaceutical products	$915K	-	53/100
8th	Bibby Financial Services 1982, Liverpool (United Kingdom), Acquired	Provider of asset financing and leasing services	-	British Business Bank	52/100
9th	AlbaCo 2017, Glasgow (United Kingdom), Series A	Bank providing lending and savings facilities to small and medium sized enterprises	$7.92M	Seismic Venture Partners, Caledonian Holdings PLC ... & 1 others	50/100
10th	Distribution Finance Capital 2019, London (United Kingdom), Public	Provider of working capital loans	-	Kinled Holding	50/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Newable's competitors? Click here to see the top ones

Newable has made 39 investments in companies including OJ Health and Safety and Delta g. Newable has also acquired 6 companies including Winning Pitch and Coffins.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 01, 2023	Investments	OJ Health and Safety	2007	Ossett (United Kingdom)
Jul 12, 2023	Investments	Delta g	2022	Birmingham (United Kingdom)
May 24, 2023	Investments	EarSwitch	2019	Bristol (United Kingdom)