MotionsCloud

Mannheim, Germany Founded: 2016 • Age: 10 yrs
AI-based solutions for insurance claims adjustment are provided.
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About MotionsCloud

MotionsCloud is a company based in Mannheim (Germany) founded in 2016.. MotionsCloud has raised $2.04 million across 5 funding rounds from investors including Net Insurance, SpinLab and Excon Services. MotionsCloud offers products and services including AI Damage Assessment Engine, Self-service AR Mobile Web App, and Remote Video Inspection. MotionsCloud operates in a competitive market with competitors including Tractable, NGrain, Utilant, DropIn and OnSource, among others.

  • Headquarter Mannheim, Germany
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Motionscloud Gmbh
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.04 M (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of MotionsCloud

MotionsCloud offers a comprehensive portfolio of products and services, including AI Damage Assessment Engine, Self-service AR Mobile Web App, and Remote Video Inspection. 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.

Primary

Assesses damages from images and generates reports for claims.

Captures damage pictures with AR guidelines for easy reporting.

Enables live video checks for remote damage verification.

People of MotionsCloud
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Lex Tan
CEO
People
Hien Nguyen
Software Engineer/Tech Lead
People
Ryan Kwon
Korea Representative

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Funding Insights of MotionsCloud

MotionsCloud has successfully raised a total of $2.04M across 5 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 Rounds 5
  • Last Round
  • First Round

    (10 Jan 2017)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Grant - MotionsCloud Valuation

investors

Apr, 2022 Amount Seed - MotionsCloud Valuation SOSV
Jun, 2021 Amount Seed - MotionsCloud Valuation Orbit Startups
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MotionsCloud

MotionsCloud has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Net Insurance, SpinLab and Excon Services. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sector-agnostic acceleration is provided to startups through global programs.
Founded Year Domain Location
Venture capital and accelerator services are provided across multiple sectors.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MotionsCloud

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MotionsCloud

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Motionscloud Comparisons

Employees
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Competitors of MotionsCloud

MotionsCloud 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 Tractable, NGrain, Utilant, DropIn and OnSource, 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
Provider of AI-based vehicle inspection solutions for insurers and the automotive industry
domain founded_year HQ Location
AI-powered damage assessment solutions for insurance claims are provided.
domain founded_year HQ Location
Inspection management software is provided for insurance underwriting and risk.
domain founded_year HQ Location
Insurance claims are investigated using AI and live video assessments.
domain founded_year HQ Location
Vehicle and property photo inspections via smart phone apps for claims handling
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Motionscloud

Frequently Asked Questions about MotionsCloud

When was MotionsCloud founded?

MotionsCloud was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is MotionsCloud located?

MotionsCloud is headquartered in Mannheim, Germany. It is registered at Mannheim, Baden-wurttemberg, Germany.

Is MotionsCloud a funded company?

MotionsCloud is a funded company, having raised a total of $2.04M across 5 funding rounds to date.

What does MotionsCloud do?

MotionsCloud was founded in 2016 in Mannheim, Germany, within the insurance sector. AI-driven tools for claims adjustment are developed, including property and vehicle inspections, digital processing, and pre-assessment reports. Images are captured using AR guidelines directly through web browsers, eliminating the need for app downloads or installations. Operations focus on streamlining claim workflows for insurers.

Who are the top competitors of MotionsCloud?

MotionsCloud's top competitors include Tractable, OnSource and NGrain.

What products or services does MotionsCloud offer?

MotionsCloud offers AI Damage Assessment Engine, Self-service AR Mobile Web App, and Remote Video Inspection.

Who are MotionsCloud's investors?

MotionsCloud has 10 investors. Key investors include Net Insurance, SpinLab, Excon Services, K-Startup Grand Challenge, and SOSV.

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