Movago

Berlin, Germany Founded: 2015 • Age: 11 yrs
Operates a digital hub for relocation and moving services.
Annual revenue - Latest available
Total funding $7.5M 2 rounds
Employees 54 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Move24 Group Gmbh
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm focused on software, fintech, marketplaces, and consumer internet
Locked Locked Locked
European stage agnostic VC firm
Locked Locked Locked
Venture capital funding is provided to digital company founders.
Locked Locked Locked
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Investor details for Movago

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Movago

Investments
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Investment portfolio details for Movago

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Movago

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Detailed financials for Movago

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  • Profit trends
  • Statement rows
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Movago Comparisons

Movago Primary company
Description
Operates a digital hub for relocation and moving services.
Location
Berlin, Germany
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
54
As of 2015
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Peer comparison for Movago

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Relocation services are matched via an online marketplace platform.
Locked Locked Locked
Relocation services are booked and tracked via an online marketplace.
Locked Locked Locked
It serves as a robben wientjes - robbe mieten per app.
Locked Locked Locked
ReloSync is an AI-powered companion that assists newcomers with seamless relocation experiences.
Locked Locked Locked
Users are connected to relocation providers via reverse auction platform.
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Detailed competitors of Movago

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  • Domains and locations
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Latest news on Movago

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Complete news archive for Movago

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Movago

Movago was founded in 2015.

Movago is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Movago is a funded company, having raised a total of $7.45M across 2 funding rounds to date.

As of Dec 31, 2015, the latest employee count at Movago is 54.

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.

Movago's top competitors include Movinga, Relocately and Umzugsauktion.

Movago has 3 investors. Key investors include DN Capital, Piton Capital, and HV Capital.

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