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 May 31, 2026, the latest employee count at Newable is 165.

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 4th amongst 214 active competitors, of which 14 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 Funding Circle, WuXi AppTec and Greensill. 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 14 funded and 30 that have exited. Its top competitors include companies like Funding Circle, WuXi AppTec and Greensill.

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

4^th among 214 active competitors

Employee Count

165 as on May 31, 2026

Investment & Acquisitions

OJ Health and Safety & 44 more

Similar Companies

Funding Circle & 2435 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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 08, 2020	1275434	Grant (prize money)	5938090	8144710	9635057	2873698
Jan 01, 2020	5731967	Grant (prize money)	6851107	1696728	1056098	Europa
Jan 01, 2019	1922859	Grant (prize money)	2744530	9648363	8533354	Europa

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View details of Newable's funding rounds and investors

Newable's employee count trend

Newable has 165 employees as of May 26. Here is Newable's employee count trend over the years:

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Top competitors of Newable include Funding Circle, WuXi AppTec and Greensill. 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	82/100
2nd	WuXi AppTec 2000, Shanghai (China), Public	Provider of CRO and CDMO services	$40M	Synergis Capital, HongShan & 27 others	79/100
3rd	Greensill 2011, London (United Kingdom), Series E	Provider of working capital loans	$1.7B	SoftBank Vision Fund, General Atlantic & 5 others	60/100
4th	Newable 1982, London (United Kingdom), Acquired	Provider of business loans	-	British Business Investments, Europa	59/100
5th	Ultimate Finance 2002, Bristol (United Kingdom), Funding Raised	Provides working capital loans for SME's	-	Tavistock Group, HSBC & 4 others	59/100
6th	Development Bank of Wales 2001, Wrexham (United Kingdom), Funding Raised	Provider of equity funding and business & property development loans	-	-	54/100
7th	Bibby Financial Services 1982, Liverpool (United Kingdom), Acquired	Provider of asset financing and leasing services	-	British Business Bank	52/100
8th	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
9th	Distribution Finance Capital 2019, London (United Kingdom), Public	Provider of working capital loans	-	Kinled Holding	50/100
10th	Finance For Enterprise 1985, Doncaster (United Kingdom), Funding Raised	Provider of business loans	-	Big Society Capital, Triodos Bank & 2 others	49/100

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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)