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
*********
- 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. 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.
Autonomous GPS tracker with extended battery for motorcycle security.
Rechargeable device for vehicle tracking and alerts.
Deterrent GPS tracker for bicycle protection.
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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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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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. 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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Founded Year | Domain | Location | |
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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 Monimoto
| 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 - Monimoto
| 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 |
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. 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 |
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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| 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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Frequently Asked Questions about Monimoto
When was Monimoto founded?
Monimoto was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Where is Monimoto located?
Monimoto is headquartered in Vilnius, Lithuania.
Is Monimoto a funded company?
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.
What does Monimoto do?
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.
Who are the top competitors of Monimoto?
What products or services does Monimoto offer?
Monimoto offers Monimoto 7, Monimoto 9, and Cycloop.
Who are Monimoto's investors?
Monimoto has 2 investors. Key investors include Open Circle Capital, and Iron Wolf Capital.