About Motoreto
Motoreto is a company based in Madrid (Spain) founded in 2017.. Motoreto has raised $1.76 million across 2 funding rounds from investors including COREangels, Grupo Andres and First Drop. Motoreto operates in a competitive market with competitors including Copart, AUTO1.com, Carwow, Clicars and Coches.net, among others.
- Headquarter Madrid, Spain
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Sectors
Transportation, Automotive & Logistics
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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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Total Equity Funding
$1.76 M (USD)
in 2 rounds
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Latest Funding Round
$1.52 M (USD), Seed
Jul 06, 2023
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Investors
COREangels
& 7 more
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Employee Count
Employee Count
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Funding Insights of Motoreto
Motoreto has successfully raised a total of $1.76M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.52 million completed in July 2023. 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 2
- Last Round Seed — $1.5M
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First Round
First Round
(08 Oct 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2023 | Amount | Seed - Motoreto | Valuation | Grupo Andres , First Drop |
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| Oct, 2020 | Amount | Seed - Motoreto | Valuation | Cupido Capital , B4Motion |
| 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 Motoreto
Motoreto has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include COREangels, Grupo Andres and First Drop. 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 | |
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Multiple sectors are invested in by COREangels angel network.
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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 Motoreto
| 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 - Motoreto
| 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 |
Motoreto Comparisons
Competitors of Motoreto
Motoreto 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 Copart, AUTO1.com, Carwow, Clicars and Coches.net, 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 |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
AUTO1.com is recognized as Europe’s largest wholesale platform for used cars.
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| domain | founded_year | HQ Location |
Online marketplace to buy new cars
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| domain | founded_year | HQ Location |
Refurbished cars are bought and sold through an online platform.
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| domain | founded_year | HQ Location |
Online portal for buying and selling new and used cars in Spain
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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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Latest news on Motoreto
Frequently Asked Questions about Motoreto
When was Motoreto founded?
Motoreto was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Motoreto located?
Motoreto is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Is Motoreto a funded company?
Motoreto is a funded company, having raised a total of $1.76M across 2 funding rounds to date. The company's 1st funding round was a Seed of $240K, raised on Oct 08, 2020.
What does Motoreto do?
Motoreto was established in 2017 in Madrid, Spain, within the automotive sector. An online platform is operated to facilitate the buying and selling of used vehicles. Customers access motoret.com for inventory searches, vehicle details, and purchase transactions. Focus is placed on pre-owned cars, with services extending to delivery arrangements in the Spanish market. Operations remain centered on digital retail for second-hand automobiles.
Who are the top competitors of Motoreto?
Who are Motoreto's investors?
Motoreto has 8 investors. Key investors include COREangels, Grupo Andres, First Drop, Fides, and OK Venture.