About Motit
Motit is a company based in Barcelona (Spain) founded in 2016.. Motit offers products and services including Shared Mobility Platform, Electric Vehicles, and Charging Stations. Motit operates in a competitive market with competitors including Cooltra, YEGO, looper, eCooltra and Muving, among others.
- Headquarter Barcelona, Spain
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$96.85 K (USD), Grant
Sep 01, 2018
- Investors
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Employee Count
Employee Count
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Products & Services of Motit
Motit offers a comprehensive portfolio of products and services, including Shared Mobility Platform, Electric Vehicles, and Charging Stations. 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.
Platform for managing urban shared vehicles and services
Vehicles for shared mobility and sustainable transport options
Stations for electric vehicle charging and parking security
Funding Insights of Motit
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $96,846
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First Round
First Round
(01 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Grant - Motit | Valuation |
investors |
| 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 |
Investors in Motit
Motit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Motit
| 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 - Motit
| 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 |
Motit Comparisons
Competitors of Motit
Motit 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 Cooltra, YEGO, looper, eCooltra and Muving, 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 |
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| domain | founded_year | HQ Location |
Self-drive electric scooters are rented via a mobile app.
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| domain | founded_year | HQ Location |
Electric scooters and bikes are rented through a mobile app.
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| domain | founded_year | HQ Location |
An app-based platform for renting four-wheeler electric scooters.
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| domain | founded_year | HQ Location |
Provides app-based rental of scooters and bikes by minutes, hours, days, and months.
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| domain | founded_year | HQ Location |
E-bikes are rented via an online platform and mobile app.
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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 Motit
When was Motit founded?
Motit was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Motit located?
Motit is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
What does Motit do?
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.
What products or services does Motit offer?
Motit offers Shared Mobility Platform, Electric Vehicles, and Charging Stations.
Who are Motit's investors?
Motit has 1 investor. Key investors include European Union.
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