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 Aug 31, 2026, the latest employee count at Newable is 157.

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 6th amongst 315 active competitors, of which 17 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Simply Asset Finance, which secured $25.4M in Dec, 2023.

Who are the top competitors of Newable?

Newable's top competitors include Funding Circle, Linedata and GE Capital. Among them, Simply Asset Finance secured the most recent funding round in December, 2023.

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

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

Europa & 1 more

Ranked

6^th among 315 active competitors

Employee Count

157 as on Aug 31, 2026

Investment & Acquisitions

OJ Health and Safety & 44 more

Similar Companies

Funding Circle & 2481 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 PARTNERSHIP LIMITED CIN: 14356119 , United Kingdom, Active	Sep 13, 2022	-	1079 (As on Mar 31, 2023)
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 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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 08, 2020	7359151	Grant (prize money)	5315495	8190277	9066327	5760819
Jan 01, 2020	1809060	Grant (prize money)	4551138	8886606	9787082	Europa
Jan 01, 2019	1020553	Grant (prize money)	6066459	4667294	6747773	Europa

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View details of Newable's funding rounds and investors

Newable's employee count trend

Newable has 157 employees as of Aug 26. Here is Newable's employee count trend over the years:

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Top competitors of Newable include Funding Circle, Linedata and GE Capital. 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	Funding Circle 2010, London (United Kingdom), Public	Online lending platform providing financing solutions for small and medium-sized businesses	$373M	Accel, Index Ventures & 21 others	83/100
2nd	Linedata 1998, Neuilly sur seine (France), Public	Provider of software, data, analytics, and related services for financial institutions	-	Ardian, XAnge & 4 others	63/100
3rd	GE Capital 1932, Norwalk (United States), Public	Provides commercial aircraft leasing and lending services	-	Forum Capital Advisors, OSTI	61/100
4th	Close Brothers 1878, London (United Kingdom), Acquired	Provider of financial lending services and deposit taking account products	-	-	61/100
5th	Greensill 2011, London (United Kingdom), Series E	Provider of working capital loans	$1.7B	SoftBank Vision Fund, General Atlantic & 5 others	61/100
6th	Newable 1982, London (United Kingdom), Acquired	Provider of business loans	-	Europa, British Business Investments	59/100
7th	MT Finance 2008, London (United Kingdom), Acquired	Provider of short-term property loans, bridging loans, and commercial mortgages	$11.1M	Triple Point, Insight Investment & 1 others	59/100
8th	Ultimate Finance 2002, Bristol (United Kingdom), Funding Raised	Provides working capital loans for SME's	-	Tavistock Group, HSBC & 4 others	58/100
9th	Simply Asset Finance 2017, London (United Kingdom), Seed	Vehicle and equipment financing company	-	Cabot Square Capital, Citi & 38 others	55/100
10th	Development Bank of Wales 2001, Wrexham (United Kingdom), Funding Raised	Provider of equity funding and business & property development loans	-	-	53/100

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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:

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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)