Top 10 in Tech: London’s most valuable Transportation startups

September 13, 2019

We’ve been finding the most successful London-based startups changing how people live their lives, and this week, it’s those young companies revolutionising transportation.

Using Tech Nation’s Data Commons service, we’ve whittled London’s startups down for our list. The trend seems to be for both startups changing how individuals get around, as well as those making logistics and delivery easier than ever.

Previous Top 10s have looked at Security, Gaming and Recruitment – collecting together successful startups that call London home.

Keeping people moving makes the economy stronger and a city more accessible. Let’s see who made our top 10:

1. Citymapper

Who else? For eight years, Citymapper has been helping people in London and beyond make their way around the city they’re in with all modes of transport, presented clearly and with a sense of humour.

Founded: 2011
Value: At least £128 million ($160 million)

2. Carwow

Reverse marketplace Carwow has removed the need to haggle and shop around – presenting the best deals from franchise dealers locally and nationally.

Founded: 2013
Value: At least £100 million

3. Cazoo

Buying a used car has been made so much easier with Cazoo. Users will be able to search and buy a used car online, and have it delivered direct to their door.

Founded: 2018
Value: At least £100 million

4. Zencargo

Zencargo is a digital freight forwarder supporting customers’ supply chains. Its platform allows users to book, manage, and track all international shipping.

Founded: 2017
Value: At least £71 million (€80 million)

5. Wheely

A luxury ride-hailing app, Wheely combines the private hire apps we all know with chauffer-driven cars, promising discretion, luxury and comfort.

Founded: 2010
Value: At least £48 million ($60 million)

6. Motorway

Motorway lets you sell your car fast – comparing offers from private buyers and specialist dealers, and paying out in cash. Sellers can get the vehicle off their hands in 24 hours.

Founded: 2016
Value: At least £44 million

7. Splend

Splend helps private hire drivers earn more and improve their overall ratings. It provides high-quality cars to rent or rent-to-buy, as well as a range of plans providing a range of support services.

Founded: 2015
Value: £40.5 million ($50.4 million)

8. On the dot

Delivery service On the dot is using machine learning to provide automated delivery allocation services. Through this, they can offer same-day and time slot delivery services that work around customers.

Founded: 2015
Value: At least £32 million

9. AppyWay

AppyWay helps drivers find unoccupied bays, get to them and then pay for the space instantly, so they can simply forget about it.

Founded: 2013
Value: At least £30 million

10. Weengs

eCommerce fulfilment partner Weengs helps small and medium businesses get products to customers anywhere in the world. Its “ship-from-store” logistics solution handles collection, packing and delivery for retailers.

Founded: 2015
Value: At least £26 million (€30 million)