Movatic

Ann Arbor, United States Founded: 2016 • Age: 10 yrs
Technical solutions for on-demand urban transportation and mobility are enabled.
Annual revenue $123,506 Latest available
Total funding $25,000 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Movatic

Movatic is a company based in Ann Arbor (United States) founded in 2016. Movatic has raised $25 thousand across 1 funding round from investors including Desai Accelerator. Movatic offers products and services including Movatic Platform, Branded App, and CTO as a Service. Movatic operates in a competitive market with competitors including Tembici, Zagster, Joyride, BCycle and Ride Report, among others.

  • Headquarter Ann Arbor, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $123.51 K (USD)
    -19
    as on Apr 22, 2019
  • Net Profit
    -$55.42 K (USD)
    -666
    as on Apr 22, 2019
  • EBITDA
    Not available
  • Total Equity Funding
    $25 K (USD)

    in 1 rounds

  • Latest Funding Round
    $25 K (USD), Seed

    Jun 11, 2018

  • Investors
  • Employee Count
    Not available
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Products & Services of Movatic

Movatic offers a comprehensive portfolio of products and services, including Movatic Platform, Branded App, and CTO as a Service.

Product name locked
Category locked
Primary

Software for managing rental and sharing operations efficiently

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Custom app for quick operator deployment and branding

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Service for custom software development and integration

Funding Insights of Movatic

Movatic has successfully raised a total of $25K through 1 strategic funding round. The most recent funding activity was a Seed round of $25 thousand completed in June 2018. 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 Movatic

Movatic has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Desai Accelerator.

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Venture Fund
Investor Description Founded Year Domain Location
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Investor details for Movatic

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Investments & Acquisitions by Movatic

Investments
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Investment portfolio details for Movatic

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  • Transaction dates
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Financial Statements - Movatic

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Detailed financials for Movatic

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  • Profit trends
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Movatic Comparisons

Movatic Primary company
Description
Technical solutions for on-demand urban transportation and m...
Location
Ann Arbor, United States
Founded Year
2016
Annual Revenue
$123.51 K (USD)
Net Profit
-$55.42 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Movatic

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Movatic

Movatic 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 Tembici, Zagster, Joyride, BCycle and Ride Report, among others.

Company Name Domain Founded year HQ Location Description
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Tech-enabled electric bike-sharing solutions are provided for urban mobility.
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Multi-category micromobility services are provided via a tech-enabled platform.
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SaaS-driven mobility solutions are offered for multi-vehicle rental companies.
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BCycle provides urban bike-sharing platforms for electric bike rentals via app.
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Urban micro-mobility programs are managed via a cloud-based platform.
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Bike-sharing platform
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Detailed competitors of Movatic

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Latest news on Movatic

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Complete news archive for Movatic

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Frequently Asked Questions about Movatic

Movatic was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Movatic is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.

Movatic is a funded company, having raised a total of $25K across 1 funding round to date.

Annual revenue of Movatic is $123.51K as on Apr 22, 2019.

Movatic was founded in 2016 in Ann Arbor, United States, within the transportation technology sector. Backend software and management tools for urban mobility are offered, covering bike sharing, rentals, parking, lockers, car sharing, bus and shuttle services, as well as subways and trains. User registration, reservations, billing, and administrative functions are automated through these products. Billing and payment systems are set up, alongside data analytics and business reporting features.

Movatic's top competitors include Tembici, Zagster and PBSC Urban Solutions.

Movatic offers Movatic Platform, Branded App, and CTO as a Service.

Movatic has 1 investor. Key investors include Desai Accelerator.

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