Already have an account? Sign In
Motorway, founded in 2017 and headquartered in London, England, is a technology-driven company revolutionizing the used car market. The company's online platform connects car owners with a network of over 5,000 dealers, offering instant valuations, competitive offers, and a streamlined selling process that includes free home collection and fast payment.
Since its inception, Motorway has demonstrated impressive growth and attracted significant investment. The company has successfully raised a total of £274.59 million across multiple funding rounds, including a Series C round in November 2021 that valued the company at £1.33 billion. This funding round, led by notable investors such as BMW i Ventures, ICONIQ Growth, and Index Ventures, solidified Motorway's position as a unicorn in the automotive e-commerce sector.
While there is currently no official news regarding Motorway's IPO prospects, the company's rapid growth and substantial funding could potentially position it for future public market considerations. However, it's important to note that any discussions about a potential Motorway IPO remain speculative at this time.
Several factors could influence Motorway's decision regarding a potential IPO, including market conditions, the company's financial performance, and its long-term strategic goals. The competitive landscape in the online used car market, featuring companies like Carsome and Cazoo, may also play a role in shaping Motorway's future plans.
Investors interested in the potential opportunity to buy Motorway stock or invest in Motorway shares should keep an eye on official announcements from the company regarding any plans to go public. As with any investment decision, it's crucial to conduct thorough research and consider the associated risks before making any financial commitments.
Already have an account? Sign In
While Motorway's IPO prospects remain uncertain, investors interested in the automotive technology sector don't have to wait. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides opportunities to invest in potential industry disruptors, including those in the automotive and tech spaces, with lower minimum investments than traditional private equity opportunities. By leveraging our expertise, you can diversify your portfolio with pre-IPO investments in emerging leaders like Motorway, potentially benefiting from their growth before they hit the public markets.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.