InMotive

Toronto, Canada Founded: 2010 • Age: 16 yrs
Patented transmission systems for electric vehicle motors are developed.
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About InMotive

InMotive is a company based in Toronto (Canada) founded in 2010.. InMotive has raised $600 thousand across 2 funding rounds from investors including Global Suzuki and Up Capital. The company has 32 employees as of December 31, 2024. InMotive offers products and services including Ingear 2-speed transmission. InMotive operates in a competitive market with competitors including Efficient Drivetrains, U Power, Torotrak, G-edrive and Vagatron, among others.

  • Headquarter Toronto, Canada
  • Employees 32 as on 31 Dec, 2024
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Inmotive Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $600 K (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    32

    as on Dec 31, 2024

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Products & Services of InMotive

InMotive offers a comprehensive portfolio of products and services, including Ingear 2-speed transmission. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Improves EV efficiency by reducing energy use and costs.

People of InMotive
Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Yagnesh Amin
Embedded Software Developer
People
Johnny Lu
Applications Manager
People
Zhao (Eric) Wang, P.Eng
Vp, Applications
People
Binil Sabu
Embedded System Engineer

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Funding Insights of InMotive

InMotive has successfully raised a total of $600K across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (05 Jul 2010)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Seed - InMotive Valuation Global Suzuki
Jul, 2010 Amount Angel Round - InMotive Valuation Up Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in InMotive

InMotive has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Global Suzuki and Up Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Manufacturer of automotive products
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by InMotive

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - InMotive

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Inmotive Comparisons

Employees
+
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Competitors of InMotive

InMotive 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 Efficient Drivetrains, U Power, Torotrak, G-edrive and Vagatron, 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
domain founded_year HQ Location
High-efficiency CVTs are designed and manufactured for electric vehicles.
domain founded_year HQ Location
AI-driven super boards are manufactured for electric vehicle design.
domain founded_year HQ Location
Develops automotive transmission products using toroidal variator technology for enhanced performance.
domain founded_year HQ Location
Powertrains, electric drives, and transmission systems for EVs are manufactured.
domain founded_year HQ Location
Manufactures series hybrid trucks and buses using linear engine technology.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about InMotive

When was InMotive founded?

InMotive was founded in 2010.

Where is InMotive located?

InMotive is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Is InMotive a funded company?

InMotive is a funded company, having raised a total of $600K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $600K, raised on Jul 05, 2010.

How many employees does InMotive have?

As of Dec 31, 2024, the latest employee count at InMotive is 32.

What does InMotive do?

InMotive was founded in 2010 in Toronto, Canada, within the electric vehicle sector. Transmission systems tailored for electric motors are engineered by the company. A patented inGear system, based on morphing sprocket technology, is applied in electric vehicle setups. Speed ratios are adjusted rapidly and with efficiency via this approach. Operations focus on automotive transmission innovations for broader industry use.

Who are the top competitors of InMotive?

InMotive's top competitors include U Power, Efficient Drivetrains and G-edrive.

What products or services does InMotive offer?

InMotive offers Ingear 2-speed transmission.

Who are InMotive's investors?

InMotive has 2 investors. Key investors include Global Suzuki, and Up Capital.

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