About MoLo
MoLo is a company based in Podgorica (Montenegro) founded in 2017 was acquired by ArcBest in September 2021.. The company has 3 employees as of May 31, 2021.
- Headquarter Podgorica, Montenegro
- Employees 3 as on 31 May, 2021
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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
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- Legal Name Molo Transport Ltd
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Sales and Marketing
79 people
Operations Team
44 people
Truckload Team
26 people
Product Management Team
24 people
Software Development Team
14 people
Customer Team
9 people
Strategic Team
8 people
Human Resources and Administration
5 people
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Funding Insights of MoLo
| 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 MoLo
MoLo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ArcBest. 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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Logistics and transportation services are provided by ArcBest.
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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 MoLo
| 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 - MoLo
| 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 |
Molo Comparisons
Competitors of MoLo
| 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 Molo
Frequently Asked Questions about MoLo
When was MoLo founded?
MoLo was founded in 2017.
Where is MoLo located?
MoLo is headquartered in Podgorica, Montenegro.
Who is the current CEO of MoLo?
Andrew Silver is the current CEO of MoLo.
How many employees does MoLo have?
As of May 31, 2021, the latest employee count at MoLo is 3.
What is the annual revenue of MoLo?
Annual revenue of MoLo is $34.77K as on May 31, 2023.
What does MoLo do?
MoLo was founded in 2017 and is headquartered in Podgorica, Montenegro. Operations focus on the logistics sector, with services centered on road freight forwarding. These include transportation and supply chain management for goods across regional routes. The company serves clients in the Balkans and surrounding areas, emphasizing efficient cargo handling. Leadership is provided by CEO Andrew Silver, overseeing daily activities from the base in Montenegro.
Who are MoLo's investors?
MoLo has 1 investor. Key investors include ArcBest.