About Motorist
Motorist is a company based in Singapore (Singapore) founded in 2015.. Motorist has raised $891.51 thousand across 3 funding rounds from investors including Tcls, Lim Der Shing and Royston Tay. Motorist offers products and services including Motorist App, Used Vehicles Platform, Insurance Quote Service, and COE Renewal Tool. Motorist operates in a competitive market with competitors including Carro, Droom, Moladin, sgCarMart and Caarly, among others.
- Headquarter Singapore, Singapore
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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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- Legal Name Motorist Pte Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$891.51 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Tcls
& 3 more
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Employee Count
Employee Count
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Products & Services of Motorist
Motorist offers a comprehensive portfolio of products and services, including Motorist App, Used Vehicles Platform, Insurance Quote Service, and COE Renewal Tool. 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.
App for buying, selling, and managing vehicle services.
Platform for trading pre-owned cars online.
Service for obtaining vehicle insurance quotes.
Tool for handling Certificate of Entitlement renewals.
Funding Insights of Motorist
Motorist has successfully raised a total of $891.51K across 3 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 Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - Motorist | Valuation | Tcls |
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| Sep, 2021 | Amount | Seed - Motorist | Valuation | Lim Der Shing | |
| Jan, 2019 | Amount | Seed - Motorist | Valuation | Lim Der Shing , Huang Shao-Ning |
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| 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 Motorist
Motorist has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Tcls, Lim Der Shing and Royston Tay. 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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LD
Lim Der Shing |
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Founded Year | Domain | Location |
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RT
Royston Tay |
Angel investor, ex-ZopNow co-founder, active in Indian startup ecosystem
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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 Motorist
| 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 - Motorist
| 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 |
Motorist Comparisons
Competitors of Motorist
Motorist 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 Carro, Droom, Moladin, sgCarMart and Caarly, 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 |
Full-stack marketplace services for car ownership are provided.
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| domain | founded_year | HQ Location |
Used vehicles are bought and sold through an AI platform.
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| domain | founded_year | HQ Location |
Online listing platform for used cars
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| domain | founded_year | HQ Location |
Cars are listed on an online platform in Singapore.
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| domain | founded_year | HQ Location |
Mobile-first used car dealership listing platform
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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 Motorist
Frequently Asked Questions about Motorist
When was Motorist founded?
Motorist was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Motorist located?
Motorist is headquartered in Singapore, Singapore.
Is Motorist a funded company?
Motorist is a funded company, having raised a total of $891.51K across 3 funding rounds to date.
What does Motorist do?
Motorist was established in 2015 in Singapore within the automotive sector. An online platform is operated for used car listings and a community for motorists. Users are enabled to post vehicle details, seek advice on car-related matters, and obtain insurance options from partnered providers. The service focuses on facilitating transactions and information exchange in the local market.
Who are the top competitors of Motorist?
What products or services does Motorist offer?
Motorist offers Motorist App, Used Vehicles Platform, Insurance Quote Service, and COE Renewal Tool.
Who are Motorist's investors?
Motorist has 4 investors. Key investors include Tcls, Lim Der Shing, Royston Tay, and Huang Shao-Ning.
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