About Molo
Molo is a company based in New York (United States) founded in 2012 was acquired by Storable in August 2021. It operates as a SaaS (Software-as-a-Service). Molo has raised $100 thousand across 1 funding round from investors including Storable and Entrepreneurs Roundtable Accelerator. Molo offers products and services including Marina Management Software, Service and Repair Management, and Fuel Management. Molo operates in a competitive market with competitors including Dockwa, Harba, MarinersApp, MyTaskit and Boatmate, among others.
- Headquarter New York, 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
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Products & Services of Molo
Molo offers a comprehensive portfolio of products and services, including Marina Management Software, Service and Repair Management, and Fuel Management. 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.
Software for managing marinas and yacht clubs efficiently.
Tools for managing boatyard repairs and services effectively.
System for tracking and managing fuel sales accurately.
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Funding Insights of Molo
Molo has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in June 2017. 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 1
- Last Round Seed — $100,000
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First Round
First Round
(12 Jun 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2017 | Amount | Seed - Molo | Valuation | Entrepreneurs Roundtable Accelerator |
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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 |
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Investors in Molo
Molo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Storable and Entrepreneurs Roundtable Accelerator. 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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Startups are accelerated in fintech, SaaS, climate, and various sectors.
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Self-storage management software is provided for facility operations.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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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
Molo 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 Dockwa, Harba, MarinersApp, MyTaskit and Boatmate, 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 |
Online portal for dock and mooring reservations
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| domain | founded_year | HQ Location |
Web-based marina management systems and boater connection platforms are provided.
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| domain | founded_year | HQ Location |
Mobile app providing offline tools and resources for shipping industry users.
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| domain | founded_year | HQ Location |
Offers a task management and coordination platform for boatyards, marinas, and dealers.
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| domain | founded_year | HQ Location |
Marina management platform for boats and yachts is provided.
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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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Frequently Asked Questions about Molo
When was Molo founded?
Molo was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is Molo located?
Molo is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Molo a funded company?
Molo is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jun 12, 2017.
What does Molo do?
Molo is engaged in delivering cloud-based software solutions for the marine industry. The companys offerings are utilized by marinas, boatyards, yacht clubs, and municipalities across multiple countries. Tools for space management, service and repair, fuel management, invoicing, and payment processing are provided. Integration with accounting systems and mobile apps is supported to enhance operational efficiency. The software is designed to cater to businesses of varying sizes, ensuring scalability and ease of use. Customer data privacy and control over branding are prioritized in the solutions offered.
Who are the top competitors of Molo?
Molo's top competitors include Dockwa, Harba and MarinersApp.
What products or services does Molo offer?
Molo offers Marina Management Software, Service and Repair Management, and Fuel Management.
Who are Molo's investors?
Molo has 2 investors. Key investors include Storable, and Entrepreneurs Roundtable Accelerator.
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