About Monimoto
Monimoto is a company based in Vilnius (Lithuania) founded in 2013. Monimoto has raised $485.7 thousand across 1 funding round from investors including Open Circle Capital and Iron Wolf Capital. Monimoto offers products and services including Monimoto 7, Monimoto 9, and Cycloop. Monimoto operates in a competitive market with competitors including Calimoto, Digades, COBI.bike, Ajjas and UpMap, among others.
- Headquarter Vilnius, Lithuania
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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 Uab Monimoto
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$485.7 K (USD)
in 1 rounds
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Latest Funding Round
$485.7 K (USD), Seed
Jan 22, 2021
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Investors
Open Circle Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of Monimoto
Monimoto offers a comprehensive portfolio of products and services, including Monimoto 7, Monimoto 9, and Cycloop.
Autonomous GPS tracker with extended battery for motorcycle security.
Rechargeable device for vehicle tracking and alerts.
Deterrent GPS tracker for bicycle protection.
People of Monimoto
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Software Development Team
2 people
Product Management Team
1 people
Senior Team
1 people
Co Team
1 people
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Funding Insights of Monimoto
Monimoto has successfully raised a total of $485.7K through 1 strategic funding round. The most recent funding activity was a Seed round of $485.7 thousand completed in January 2021. 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 — $485,700
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First Round
First Round
(22 Jan 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Seed - Monimoto | Valuation | Open Circle Capital , Iron Wolf Capital |
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Investors in Monimoto
Monimoto has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Open Circle Capital and Iron Wolf Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investments & Acquisitions by Monimoto
Financial Statements - Monimoto
Monimoto Comparisons
Competitors of Monimoto
Monimoto 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 Calimoto, Digades, COBI.bike, Ajjas and UpMap, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multifunctional connected app for motorcyclists
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| domain | founded_year | HQ Location |
Automotive electronics and building technologies are developed and supplied.
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| domain | founded_year | HQ Location |
Smart connected biking system with app and hardware is developed.
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| domain | founded_year | HQ Location |
Ajjas is focused on providing innovative IoT GPS solutions.
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| domain | founded_year | HQ Location |
App and devices for tuning motorcycle engines and tracking performance.
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Latest news on Monimoto
Frequently Asked Questions about Monimoto
Monimoto was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Monimoto is headquartered in Vilnius, Lithuania.
Monimoto is a funded company, having raised a total of $485.7K across 1 funding round to date. The company's 1st funding round was a Seed of $485.7K, raised on Jan 22, 2021.
Monimoto was founded in 2013 in Vilnius, Lithuania, operating in the vehicle security sector with a focus on motorcycles. Smart alarm devices are produced that stay inactive near the key and activate upon motion or vibration detection in its absence. Owners receive phone calls and app notifications detailing the incident and GPS location. Battery life is engineered to last up to two years.
Monimoto offers Monimoto 7, Monimoto 9, and Cycloop.
Monimoto has 2 investors. Key investors include Open Circle Capital, and Iron Wolf Capital.