Motoring.co.uk

Sector IT & Telecoms
Deal Type Replacement Capital
Initial Investment August 2014
Transaction size £0.5m
Location Manchester
Maven Office Manchester
Mymotoring logo 205x143 logo
About Motoring.co.uk

Motoring was established in 2007, initially focusing on providing classified adverts in the used car market. Since then the business has evolved significantly, and now provides a wide range of content, information and services for users across buying, selling and owning a car.

Investment from the Greater Manchester Loan Fund has enabled the business to launch a new portal called ‘MyMotoring’.This innovative platform acts as a central hub for motorists, and uses social content and tools to engage users throughout the whole ownership experience, providing reminders and offering solutions for key ownership events.

This funding is crucial in allowing the launch to be significantly accelerated, for us to capitalise on our market-leading position. We have chosen the right partner in Maven, and we look forward to working closely with them on our future plans
Terry Hogan, Managing Director of Motoring.co.uk
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