ICONIQ Growth led the Series C financing, which values the artificial intelligence company at $3bn.
IG
ICONIQ Growth
Venture CapitalICONIQ Growth is a Silicon Valley technology investment firm and partner to companies like Collibra, Miro and Wolt.
Portfolio
3
companies
By category
- AI/ML£201M
- Marketplace£142M
- FinTech£36.2M
By location
- London£379M
Portfolio companies
E
ElevenLabs
ElevenLabs builds artificial intelligence voice and audio generation technology for creators and enterprises.

Motorway
Motorway operates an online used car marketplace connecting private sellers with professional car dealers.

Primer
Primer operates a unified infrastructure platform for global enterprise payments.
Team
RL
Roy Luo
Partner
YS
Recent investments
$250M
£142M
Motorway secures £142m Series C funding from Index Ventures and ICONIQ Growth to expand its team and marketplace operations.

The Series C round was co-led by Index Ventures and ICONIQ Growth to support team expansion and platform growth.
"In 2017, we set out to reinvent how people sell their cars, transforming a broken offline process by introducing a superior online experience. Our team has dedicated themselves to this mission through unprecedented times – enabling us to turn a traditionally lose-lose market into a win-win for our customers and dealer partners."
£36.2M
The Series B round was led by ICONIQ Growth with participation from Accel, Balderton Capital, Seedcamp, Speedinvest, and RTP Global.
"Over the past two decades, the pace of new payment solutions entering the market has been accelerating dramatically to support global consumer demand for trends like mobile payments, digital wallets, 1-click checkout, buy now pay later, and so on. However, no one payment solution is close to accommodating all the changes and innovations that merchants need to keep up. So, for merchants’ payment and engineering teams, this dynamic forces immense technical complexity in tying together multiple payment methods, gateways, fraud detection, and more."
ICONIQ Growth + 5 others



