About Movago
Movago is a company based in Berlin (Germany) founded in 2015 by Carsten Bild and Maximilian Lanig. It operates as a B2C. Movago has raised $7.45 million across 2 funding rounds from investors including DN Capital, Piton Capital and HV Capital. The company has 54 employees as of December 31, 2015. Movago operates in a competitive market with competitors including Movinga, Relocately, Robbe, ReloSync and Umzugsauktion, among others.
- Headquarter Berlin, Germany
- Employees 54 as on 31 Dec, 2015
- Founders Carsten Bild, Maximilian Lanig
-
Sectors
Real Estate & Construction
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Move24 Group Gmbh
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$7.45 M (USD)
in 2 rounds
-
Latest Funding Round
$7.45 M (USD), Series A
Nov 23, 2015
-
Investors
DN Capital
& 2 more
-
Employee Count
54
as on Dec 31, 2015
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Movago
Movago has successfully raised a total of $7.45M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.45 million completed in November 2015. 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 Series A — $7.5M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Series A - Movago | Valuation |
investors |
|
| Aug, 2015 | Amount | Seed - Movago | Valuation |
investors |
| 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 Movago
Movago has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include DN Capital, Piton Capital and HV Capital. 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 |
|---|---|---|---|---|
|
Venture capital firm focused on software, fintech, marketplaces, and consumer internet
|
Founded Year | Domain | Location | |
|
European stage agnostic VC firm
|
Founded Year | Domain | Location | |
|
Venture capital funding is provided to digital company founders.
|
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 Movago
| 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 - Movago
| 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 |
Movago Comparisons
Competitors of Movago
Movago 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 Movinga, Relocately, Robbe, ReloSync and Umzugsauktion, 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 |
Relocation services are matched via an online marketplace platform.
|
|
| domain | founded_year | HQ Location |
Relocation services are booked and tracked via an online marketplace.
|
|
| domain | founded_year | HQ Location |
It serves as a robben wientjes - robbe mieten per app.
|
|
| domain | founded_year | HQ Location |
ReloSync is an AI-powered companion that assists newcomers with seamless relocation experiences.
|
|
| domain | founded_year | HQ Location |
Users are connected to relocation providers via reverse auction platform.
|
| 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.
|
Frequently Asked Questions about Movago
When was Movago founded?
Movago was founded in 2015.
Where is Movago located?
Movago is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Movago a funded company?
Movago is a funded company, having raised a total of $7.45M across 2 funding rounds to date.
How many employees does Movago have?
As of Dec 31, 2015, the latest employee count at Movago is 54.
What does Movago do?
Movago operates with a B2C model, focusing on providing essential services, relocation, digital platforms, and moving services. Operates a digital hub for relocation and moving services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Movago?
Movago's top competitors include Movinga, Relocately and Umzugsauktion.
Who are Movago's investors?
Movago has 3 investors. Key investors include DN Capital, Piton Capital, and HV Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.