C
Carmoola
Fintech · London, United Kingdom · Founded 2021
Motoring fintech start-up which helps car buyers calculate their budget in 60 seconds, MoreLess
Carmoola is a UK-based fintech startup that operates in the auto finance industry. The company provides a digital platform for car financing, allowing customers to secure their car finance in under 10 minutes. The platform is designed to be user-friendly, with a simple application process that requires only a full driving license and no paperwork.
Carmoola's primary clientele are individuals seeking car finance. The company's business model is centered around providing a swift and efficient service, leveraging technology to expedite the process. Customers can find out how much they can borrow towards their next car in just 60 seconds and can pay swiftly online with a card or by bank transfer at the showroom.
The company also offers a feature for customers to see if they could save money by switching to Carmoola, providing an early settlement quote. This feature demonstrates the company's commitment to providing value to its customers.
Carmoola generates revenue through the interest rates it charges on the car finance it provides. The company advertises rates from as low as 6.9% APR, with a representative 14.8% APR.
In conclusion, Carmoola is a digital car finance provider that aims to simplify and expedite the car finance process. The company leverages technology to provide a user-friendly platform and competitive rates, serving individuals seeking car finance in the UK.
Keywords: Carmoola, fintech, car finance, digital platform, user-friendly, swift service, competitive rates, UK, auto finance industry, technology.
Company overview
Carmoola company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2021
- Headquarters
- London, United Kingdom
- Employees
- 67
- Open positions
- 2
- Dealroom signal
- 89.6
Valuation & funding
Carmoola funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LENDING CAPITALOther financing | Jun 2025 | $396M | — | Chenavari Investment Managers · NatWest | ↗ |
| DEBTDebt | Sep 2024 | $132M | — | NatWest | ↗ |
| SERIES AOther financing | Jan 2024 | $20M | $82M | QED Investors · VentureFriends · InMotion Ventures · U.ventures | ↗ |
| LENDING CAPITALOther financing | Feb 2023 | $125M | — | NatWest · British Columbia Investment Management | ↗ |
| SERIES AOther financing | Feb 2023 | $11M | $45M | InMotion Ventures · TrueSight Ventures · VentureFriends · QED Investors | ↗ |
| SEEDOther financing | Apr 2022 | VentureFriends · InMotion Ventures · Clocktower Technology Ventures · Dan Cobley | ↗ | ||
| SEEDOther financing | Aug 2021 | TrueSight Ventures · VentureFriends · InMotion Ventures · Clocktower Technology Ventures | ↗ | ||
| SEEDOther financing | Apr 2021 | Undisclosed | ↗ |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $3M | 0% | 67 |
| 2025 | $3M | 0% | 64 |
| 2024 | $3M | 0% | 40 |
| 2023 | $3M | +100% | 33 |
| 2022 | $1.5M | — | 24 |
Growth signals
Carmoola website traffic
Latest recorded traffic for Carmoola is 220K monthly website visits, down 18.5% over the last three months. Carmoola's team grew 4.7% over the past year.
Hiring
Open positions at Carmoola
Current openings linked to this company in Dealroom.
Comparisons
Carmoola compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Carmoola's talent
Source: Dealroom Talent Intelligence.
Investors
12 investors on Carmoola's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where Carmoola has talent and traffic
team presence
In the news
Latest news about Carmoola
Recent press, funding announcements, and product moves mentioning Carmoola — open to read from the original sources.
Market sentiment
What the market is saying about Carmoola
An AI-synthesized read of the highest-engagement posts about Carmoola on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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