Motit

Barcelona, Spain Founded: 2016 • Age: 10 yrs
Electric scooters are rented via an online platform in Europe.

About Motit

Motit is a Transportation, Automotive & Logistics company based in Barcelona (Spain) founded in 2016. Electric scooters are rented via an online platform in Europe. Motit offers products and services including Shared Mobility Platform, Electric Vehicles, and Charging Stations. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Motorized Two-Wheeler. Its competitors include Cooltra, YEGO and looper; 2 of its 3 listed competitors have raised funding.

Company details

Motit is an online rental platform for electric scooters in selected locations in Europe. Users can register, search for an available vehicle nearby and subsequently book it after providing relevant details. Users are required to park the vehicles in fixed zones (called Zona-Motit) to end the trip. The company owns the fleet of electric scooters, which are integrated with the mobile app. Additionally, the app also has various recommended routes and other resources for travelers. Its mobile app is available for the Android and iOS platforms. Charges a fixed fee per minute.

  • Headquarters Barcelona, Spain
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website motitworld.com
  • Social LinkedIn X Facebook
Key Metrics

Products & Services of Motit

Motit offers a comprehensive portfolio of products and services, including Shared Mobility Platform, Electric Vehicles, and Charging Stations.

Shared Mobility Platform
Software Solution

Platform for managing urban shared vehicles and services

Electric Vehicles
Hardware Product

Vehicles for shared mobility and sustainable transport options

Charging Stations
Infrastructure Service

Stations for electric vehicle charging and parking security

Funding Insights of Motit

  • Total Rounds 1
  • Last Round Grant β€” $96,846
  • First Round $96,846

    (Sep 2018)

  • Investors Count 1

All 1 funding rounds of Motit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2018$96,846Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in Motit

Motit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for Motit

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Motit

2 dated milestones of Motit across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Motit is founded.
  2. Funding First funding round of $97K.

Competitors of Motit

Motit has 3 listed competitors in our database, 2 of them funded. They include Cooltra, YEGO and looper.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cooltra.com2006Barcelona, Spain$6.16M
Self-drive electric scooters are rented via a mobile app.
rideyego.com2016Barcelona, Spain$8.98M
Electric scooters and bikes are rented through a mobile app.
looper.eco2019Barcelona, Spain
An app-based platform for renting four-wheeler electric scooters.
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Detailed competitors of Motit

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Motit

Motit was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Motit is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.

Motit is an online rental platform for electric scooters in selected locations in Europe. Users can register, search for an available vehicle nearby and subsequently book it after providing relevant details. Users are required to park the vehicles in fixed zones (called Zona-Motit) to end the trip. The company owns the fleet of electric scooters, which are integrated with the mobile app. Additionally, the app also has various recommended routes and other resources for travelers. Its mobile app is available for the Android and iOS platforms. Charges a fixed fee per minute.

Motit's top competitors include Cooltra, YEGO and looper.

Motit offers Shared Mobility Platform, Electric Vehicles, and Charging Stations.

Motit has 1 investor. Key investors include European Union.

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