Motorway, is a UK startup that allows professional car dealers to bid in an auction for privately-owned cars for sale. The startup has had rapid success by removing a lot of friction in the process. It’s now raised £48m / $67.7m in a Series B round led by Index Ventures, along with new investors BMW i Ventures and Unbound.

Topics:  bmw   unbound   latitude   marchmont ventures   uk   ceo   danny rimer   partner   harry jones   alex buttle   speaking   rimer   motorway   ventures   index ventures   it   tom leathes    rimer   leathes   farfetch   auction   platform   cars   series   online   dealers   inventory   business   startup   experience   industry   lot   consumers   successful   raised   professional   funding   bid   success   investors   real   provide   team   grow   bad   people   dealer   technology   sold   sales   marketplace   wins   sellers   added   

 

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