202128 Nov

Second-hand car auction platform Motorway hits Unicorn status after $190M raise with Index, ICONIQ – TechCrunch

Summary

Existing investors Latitude, Unbound, and BMW iVentures also participated in this round. Part of the reason is the impact of the COVID pandemic on the supply chain. The smartphone app uses computer vision to assess the condition of the car. Motorway has also announced the appointment of James Wilson, former director of Amazon UK’s Marketplace Fulfillment, as Chief Operating Officer. With this latest investment, Motorway has raised $ 273 million to date since it was founded by Leathes, Harry Jones and Alex Buttle in 2017.

Source: Californianewstimes

Funding

$190M
Amount
Nov 28 2021
Date
-
Investor
Motorway
Company

Classifications

Companies