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. Its primary sector is Consumer and SME Loans. In United Kingdom, the Consumer and SME Loans sector has seen $203M in funding in 2026 to date.

What is the annual revenue of Newable?

Annual revenue of Newable is less than £1M as on Mar 31, 2025

Where does Newable rank among its competitors?

Newable ranks 7th amongst 420 active competitors, of which 20 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, Togethermoney and Linedata. 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

British Business Investments & 1 more

Ranked

7^th among 420 active competitors

Annual Revenue

£0 - £1M as on Mar 31, 2025

Employee Count

157 as on Aug 31, 2026

Investment & Acquisitions

Amulet Hotkey & 46 more

Similar Companies

Funding Circle & 2519 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	£0 - £1M (As on Mar 31, 2025)	-
NEWABLE CAPITAL LIMITED CIN: 7047521 , United Kingdom, Active	Oct 16, 2009	£0 - £1M (As on Mar 31, 2025)	-

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	5435879	Grant (prize money)	4007729	6711685	4637208	9198330
Jan 01, 2020	3095856	Grant (prize money)	7300788	3521855	8491435	Europa
Jan 01, 2019	2776368	Grant (prize money)	8131685	6703708	3863870	Europa

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View details of Newable's funding rounds and investors

The founders of Newable is Philip Reynolds. Chris Manson is the CEO of Newable.

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

Philip Reynolds: Founder MD, Newable Business Finance of Newable.
Chris Manson: CEO of Newable.

View details of Newable's Founder profiles and Board Members

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, Togethermoney and Linedata. 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	Index Ventures, Accel & 21 others	83/100
2nd	Togethermoney 1974, Manchester (United Kingdom), Acquired	Provider of consumer and SME loans	-	Goldman Sachs, Citi & 5 others	67/100
3rd	Linedata 1998, Neuilly sur seine (France), Public	Provider of software, data, analytics, and related services for financial institutions	-	Ardian, XAnge & 4 others	63/100
4th	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	63/100
5th	GE Capital 1932, Norwalk (United States), Public	Provides commercial aircraft leasing and lending services	-	Forum Capital Advisors, OSTI	61/100
6th	Close Brothers 1878, London (United Kingdom), Acquired	Provider of financial lending services and deposit taking account products	-	-	61/100
7th	Newable 1982, London (United Kingdom), Acquired	Provider of business loans	-	British Business Investments, Europa	59/100
8th	Swastika 1992, Indore (India), Public	Provider of non banking financial institutional services	-	-	59/100
9th	Ultimate Finance 2002, Bristol (United Kingdom), Funding Raised	Provides working capital loans for SME's	-	Tavistock Group, HSBC & 4 others	56/100
10th	Simply Asset Finance 2017, London (United Kingdom), Seed	Vehicle and equipment financing company	-	Cabot Square Capital, Citi & 38 others	55/100

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Newable has made 40 investments in companies including Amulet Hotkey and OJ Health and Safety. Newable has also acquired 7 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
May 18, 2026	Investments	Amulet Hotkey	1990	Newton Abbot (United Kingdom)
Aug 01, 2023	Investments	OJ Health and Safety	2007	Ossett (United Kingdom)
Jul 12, 2023	Investments	Delta g	2022	Birmingham (United Kingdom)