Alan brings financial leadership experience from roles at Marchmont Ventures, Momondo Group, and BBC Worldwide. He previously served as chief financial officer and finance director across several media and corporate organisations.
The Series B financing was led by Index Ventures with backing from BMW i Ventures, Unbound, Latitude and Marchmont Ventures.
"For half a century, inefficient offline processes have led to bad deals and a bad experience for both car sellers and car dealers. Motorway has fundamentally changed a broken experience where everyone ends up dissatisfied – and we’ve transformed it with a superior online experience where everybody wins. Cutting out the middlemen leaves both the consumer and car dealer with a better deal, all from home and without the stress. Our incredible growth so far is testament to our focus on delivering more value through technology – and this investment will provide us with the fuel to take Motorway to the next level."
Marchmont Ventures led the Series A round with participation from LocalGlobe to support platform development and team expansion.
"We started Motorway with the vision to bring speed, choice and transparency to the process of selling a car – an experience that’s gone mostly unchanged for decades."
