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.