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To help customers take control of and experience car finance freedom.
Few candidates hear
back within 2 weeks
The current car buying experience lacks clarity around pricing and cost, meaning that buyers are often unable to make informed decisions regarding financing until very late into the process. Carmoola offers a solution to this by providing speedy financing options at the start of the buying process, placing control back into customers' hands.
The company is able to offer this radically different approach through new, innovative ways of approaching risk assessments that are geared towards transparency. Further, while other digital lenders and brokers require some phone calls and paperwork, Carmoola differentiates itself by operating entirely online for a more streamlined customer experience.
Funding has allowed the company to scale rapidly, and future plans include a continuation of this growth through new hires and development invested into its platform.
Kirsty
Company Specialist at Welcome to the Jungle
Jan 2024
$19.8m
EARLY VC
Feb 2023
$10.9m
SERIES A
This company has top investors
Roman Sumnikov
(Co-founder & CTO)Held senior and lead roles as a Software Engineer at Avery Products, Book2Meet and Vable. Sumnikov also worked as the Head of Engineering then CTO at Movebubble.
Aidan Rushby
(Co-founder & CEO)Previously the co-founder and CEO of Movebubble.
Amy McKechnie
(Co-founder & Director of Product and Marketing)Previously worked as a Marketing and Events Co-ordinator for Zoopla and founded My Princess Party. McKechnie also worked as Product Owner then Head of Product at Movebubble.
Igor Gordiichuk
(Co-founder & CTO)Previously worked as a Senior Software Engineer and Team Lead at WDS. Also worked as a Lead Software Engineer at Vable and CTO at Movebubble.
Jasper Dykes
(Co-founder & Non Executive Director)Dykes is the founder and current CEO of Fly Now Pay Later. He is also an investor in Revolut and Mercury.