About EVmo
EVmo is a company based in Manhattan Beach (United States) founded in 2002.. EVmo has raised $6.12 million across 2 funding rounds. EVmo operates in a competitive market with competitors including Turo, Getaround, Wheelz.com, FlightCar and HiGear, among others.
- Headquarter Manhattan Beach, United States
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
$12.56 M23as on Dec 31, 2022
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Net Profit
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EBITDA
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Total Equity Funding
$6.12 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Mar 08, 2018
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Investors
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Employee Count
Employee Count
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Funding Insights of EVmo
EVmo has successfully raised a total of $6.12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in March 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $6.0M
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First Round
First Round
(25 Aug 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Series A - EVmo | Valuation |
investors |
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| Aug, 2017 | Amount | Seed - EVmo | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by EVmo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - EVmo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evmo Comparisons
Competitors of EVmo
EVmo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Turo, Getaround, Wheelz.com, FlightCar and HiGear, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Peer-to-peer car rentals are facilitated via a mobile app.
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| domain | founded_year | HQ Location |
App-based peer-to-peer carsharing platform
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| domain | founded_year | HQ Location |
Vehicles are leased peer-to-peer on hourly or daily basis.
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| domain | founded_year | HQ Location |
Operates a marketplace for renting parked vehicles at airports.
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| domain | founded_year | HQ Location |
Online P2P car rental aggregator
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evmo
Frequently Asked Questions about EVmo
When was EVmo founded?
EVmo was founded in 2002 and raised its 1st funding round 15 years after it was founded.
Where is EVmo located?
EVmo is headquartered in Manhattan Beach, United States. It is registered at Manhattan Beach, California, United States.
Who is the current CEO of EVmo?
Stephen M Sanchez is the current CEO of EVmo.
Is EVmo a funded company?
EVmo is a funded company, having raised a total of $6.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Aug 25, 2017.
What is the annual revenue of EVmo?
Annual revenue of EVmo is $12.56M as on Dec 31, 2022.
What does EVmo do?
App-based car rental platform. The platform offers technology-enabled fleet management and rental services that connects gig drivers with electric, hybrid, and delivery vehicles.
Who are the top competitors of EVmo?
EVmo's top competitors include Getaround, Turo and Wheelz.com.
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