About May Mobility
May Mobility is a company based in Ann Arbor (United States) founded in 2017.. May Mobility has raised $382.62 million across 9 funding rounds from investors including State Farm, Toyota Tsusho and Toyota. May Mobility operates in a competitive market with competitors including Cruise, Waymo, Zoox, AutoX and Optimus Ride, among others.
- Headquarter Ann Arbor, United States
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name May Mobility Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$382.62 M (USD)
in 9 rounds
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Latest Funding Round
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Investors
State Farm
& 24 more
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Employee Count
Employee Count
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Senior Team
13 people
Software Development Team
12 people
Leadership Team
10 people
Operations Team
8 people
Human Resources and Administration
6 people
Autonomy Team
6 people
Data Analysis and Operations Team
4 people
Finance and Accounting
2 people
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Funding Insights of May Mobility
May Mobility has successfully raised a total of $382.62M across 9 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 Funding
- Total Rounds 9
- Last Round Last Round
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First Round
First Round
(01 Jun 2017)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series D - May Mobility | Valuation | Tokyo Century |
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| Nov, 2023 | Amount | Series D - May Mobility | Valuation | NTT | |
| Jul, 2022 | Amount | Series C - May Mobility | Valuation | Sparks Asset Management , Toyota Tsusho |
| 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 |
Investors in May Mobility
May Mobility has secured backing from 25 investors, including institutional and venture fund investors. Prominent investors backing the company include State Farm, Toyota Tsusho and Toyota. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm and infrastructure firm investing in multiple sectors
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Founded Year | Domain | Location | |
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BMW i Ventures is focused on investing in automotive technology startups.
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Founded Year | Domain | Location | |
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Tech and energy focused venture capital firm funding companies in the US and Asia
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by May Mobility
| 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 - May Mobility
| 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 |
May Mobility Comparisons
Competitors of May Mobility
May Mobility 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 Cruise, Waymo, Zoox, AutoX and Optimus Ride, 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 |
SaaS-enabled hardware and software for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
Self-driving vehicle solutions are developed and deployed for transportation.
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| domain | founded_year | HQ Location |
Autonomous mobility solutions are provided through AI-enabled platforms.
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| domain | founded_year | HQ Location |
AI solutions for autonomous vehicles and grocery deliveries are provided.
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| domain | founded_year | HQ Location |
Self-driving technology for shuttles is developed and provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 May Mobility
Frequently Asked Questions about May Mobility
When was May Mobility founded?
May Mobility was founded in 2017.
Where is May Mobility located?
May Mobility is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.
Is May Mobility a funded company?
May Mobility is a funded company, having raised a total of $382.62M across 9 funding rounds to date. The company's 1st funding round was a Series C of $111M, raised on Jun 01, 2017.
What does May Mobility do?
May Mobility was founded in 2017 in Ann Arbor, United States, focusing on the autonomous vehicle sector. Autonomous shuttles have been created to address traffic congestion, lower accident rates, and decrease pollution levels. A mobile application is provided for users to book rides and reach designated drop-off points. Operations center on integrating these vehicles into public transit systems across urban areas.
Who are the top competitors of May Mobility?
Who are May Mobility's investors?
May Mobility has 25 investors. Key investors include State Farm, Toyota Tsusho, Toyota, Sparx Group, and Tokyo Century.
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