London-based online car marketplace Tootle has raised £2.5 million in a recent funding round, marking a new chapter in its expansion journey. The investment, led by Hambro Perks, increases Tootle’s total raised funds to £4.3 million.
Founded in 2016, Tootle provides a platform for selling used cars without fees, appealing to consumers and dealers alike. This financial boost aims to drive Tootle’s growth, particularly focusing on expanding its network and technological capabilities.
In a stride towards aggressive expansion, London-based online car marketplace Tootle has successfully secured £2.5 million in its latest funding round. This financial boost is significant for a company that was established just a year prior, in 2016. The Series A investment, spearheaded by Hambro Perks, elevates Tootle’s total capital raised to £4.3 million. This investment is set to facilitate Tootle’s growth ambitions, particularly in expanding its dealer network and enhancing its technological offerings.
Tootle’s recent financial accomplishments mark a significant step in its growth journey. With the support of Hambro Perks and a clear strategic vision, Tootle is poised to transform the online car marketplace into a more streamlined and user-centric platform.
This forward-thinking company is not only enhancing its service offerings but also setting a precedent in the industry for innovation and efficiency.
Tootle continues to make strides in the online car market, bolstered by strategic investments and innovative growth plans. As it embraces new technologies and expands its service offerings, Tootle stands ready to redefine industry standards.
With a clear path to future success, Tootle exemplifies how targeted investments and strategic partnerships can drive transformation in modern marketplaces.