Tech Company Financing Transactions
Carmoola Funding Round
Carmoola, based in London England, secured $19.7 million from AlleyCorp, InMotion Ventures and QED Investors.
Transaction Overview
Company Name
Announced On
1/16/2024
Transaction Type
Venture Equity
Amount
$19,660,000
Round
Undisclosed
Investors
QED Investors (Yusuf Özdalga)
VentureFriends (Apostolos Apostolakis)
Proceeds Purpose
Carmoola will use the funding to make further inroads into the UK's £100 billion used car finance market, which is forecast to grow to £190 billion by 2027.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
First Floor, 1 Whittlebury Mews West Primrose Hill
London England, NW1 8HS
UK
London England, NW1 8HS
UK
Phone
Undisclosed
Website
Email Address
Overview
Carmoola is a trading name of Carmoola Limited which is registered in England & Wales, under Registered No. 12992987. Its Registered Office is First Floor, 1 Whittlebury Mews West, Primrose Hill, London, NW1 8HS. Carmoola Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 958057), and a member of CIFAS (the UK's leading fraud prevention service).
Management Team
Title
Name
Email & Social
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We report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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