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Bumper Raises £8m Series B Extension for European Dealer Software Expansion

Fueling dealer software expansion across Europe, the fresh funding underpins Bumper’s push toward a £1bn GMV milestone backed by operational profitability.

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Overview

  • Bumper secured an additional £8m in its Series B extension, taking total round funding to about £20m.
  • Autotech Ventures led the extension with backing from Porsche Ventures, Suzuki Global Ventures, JLR’s InMotion Ventures and Shell Ventures.
  • The funds will fuel the rollout of Bumper Pro payment tools and AutoBI analytics across the UK and Europe and support strategic hiring to scale operations.
  • Bumper reports operational profitability and aims to surpass £1bn in gross merchandise value in 2025 after tripling GMV year-on-year.
  • Public reporting cites conflicting user figures—over 1.5m drivers versus 600,000—while the valuation of the extended round remains undisclosed.