Milan-based automotive SaaS company MotorK has secured an additional €3 million in financing as it continues to strengthen its balance sheet and support ongoing corporate operations.
The funding comes from existing lender Atempo Growth and was provided under financial terms similar to those of MotorK’s original facility. According to the company, the new capital will be used to further solidify its financial position and support general corporate purposes.
MotorK operates as an AI-driven SaaS provider for the automotive retail sector across the EMEA region, delivering digital solutions that support sales and marketing activities for car manufacturers and dealers. Founded in 2010, the company has built a suite of cloud-based products designed to modernise automotive retail operations, with its flagship SparK platform integrating marketing, sales, data, and operational functions into a single ecosystem.
The latest financing builds on MotorK’s recent capital-raising efforts. In March last year, the company announced a reserved capital increase of €4.8 million, with participation from investors including 83 North and Lucerne Capital Management.
The new tranche also underscores Atempo Growth’s continued support. The London-based growth debt provider, which has offices in both the UK and Italy, focuses on pan-European technology and innovation-driven businesses. In April 2025, Atempo announced the first close of €300 million for its second fund, Atempo II, bringing its total assets under management to €800 million.
MotorK has undergone leadership changes over the past year as it navigates its next phase of development. In June, co-founder and CEO Marco Marlia transitioned into the role of president, concentrating on business development, strategic partnerships, and industry relations. Executive Chairman Amir Rosentuler assumed the position of interim CEO on a short-term basis.
The company has been listed on Euronext Amsterdam since November 2021 and achieved ISO 27001 certification in November 2024, reinforcing its focus on information security. Today, MotorK employs nearly 310 people and operates across eight countries, including Italy, Spain, France, Germany, Belgium, the Netherlands, the UK, and Israel.
With the latest funding in place, MotorK aims to maintain financial stability while continuing to develop its digital ecosystem for automotive retail across Europe and beyond.
