About MOVE Systems
MOVE Systems is a company based in New York (United States) founded in 2014 by Max Crespo. MOVE Systems has raised $4.11 million across 2 funding rounds. MOVE Systems has completed 1 acquisition, including Simply Grid. MOVE Systems offers products and services including MRV100 and Simply Grid Hybrid Power System. MOVE Systems operates in a competitive market with competitors including Actev Motors, K-Ryole, Blue Shock Race, Green Power Kart and BIZ Karts, among others.
- Headquarter New York, United States
- Founders Max Crespo
- SectorsTransportation, Automotive & Logistics
- Website movesystems.com
- Social LinkedIn X Facebook
- Total Equity Funding$4.11 M (USD)
in 2 rounds
- Latest Funding Round$3.11 M (USD), Series A
Jun 02, 2017
- Investments & Acquisitions
Products & Services of MOVE Systems
MOVE Systems offers a comprehensive portfolio of products and services, including MRV100 and Simply Grid Hybrid Power System.
Advanced cart system for mobile food vendors to reduce fuel costs and boost revenues.
Hybrid system providing clean power for mobile food operations to enhance sustainability.
Funding Insights of MOVE Systems
MOVE Systems has successfully raised a total of $4.11M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.11 million completed in June 2017. 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 $4.1M
- Total Rounds 2
- Last Round Series A — $3.1M
- First Round $998,404
(15 Dec 2014)
All 2 funding rounds of MOVE Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 02 Jun 2017 | $3.1M | Series A | – | – | – |
| 15 Dec 2014 | $998,404 | Seed | – | – | – |
People of MOVE Systems
1 people are tracked at MOVE Systems (1 in leadership).
| Name | Role | Group |
|---|---|---|
Max Crespo | Founder | Leadership |
Complete people profiles for MOVE Systems
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Investments & Acquisitions by MOVE Systems
MOVE Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Simply Grid.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Developer of electric charging stations | simplygrid.com | New York, United States | 2011 | Jun 2014 | •••• |
Complete acquisition details for MOVE Systems
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Timeline of MOVE Systems
4 dated milestones of MOVE Systems across 3 years, from founding to its latest funding, stage changes and deals.
- Founded MOVE Systems is founded.
- Acquisition Acquires Simply Grid.
- Funding First funding round of $998K.
- Funding Latest funding round, Series A, of $3.1M.
Competitors of MOVE Systems
MOVE Systems 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 Actev Motors, K-Ryole, Blue Shock Race, Green Power Kart and BIZ Karts, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| actevmotors.com | 2014 | Mountain View, United States | – | 9 | Electric go-karts for children aged 5-9 are developed. | |
| k-ryole.com | 2016 | Paris, France | $11.5M | – | Electric bicycle trailers are manufactured for cargo transport applications. | |
| blueshockrace.com | 2015 | Liepaja, Latvia | – | 22 | Manufactures and sells electric karts for racing, rental, power units, and industrial solutions. | |
| greenpowerkart.be | 2016 | Charleroi, Belgium | – | 6 | Electric race karts with advanced features are developed. | |
| bizkarts.com | 1816 | Enfield, United Kingdom | – | – | Designs and manufactures electric and petrol go-karts for circuits worldwide. | |
| bornelectric.eu | 2017 | Lodz, Poland | – | – | Develops electric vehicles, drive systems, and energy management technologies. | |
| gokartcompany.co.za | 2006 | Hartenbos, South Africa | – | – | Produces high-quality electric go-karts for recreational use. | |
| overlandcarts.com | 2008 | Archbold, United States | – | – | Manufactures electric wheelbarrows, wagons, and carts for material handling and transport. |
Detailed competitors of MOVE Systems
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Latest news on Move Systems
Complete news archive for MOVE Systems
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Similar companies to MOVE Systems
10 companies that operate in the same segment as MOVE Systems (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about MOVE Systems
MOVE Systems was founded in 2014.
MOVE Systems is headquartered in New York, United States. It is registered at New York, New York, United States.
MOVE Systems is a funded company, having raised a total of $4.11M across 2 funding rounds to date. The company's 1st funding round was a Seed of $998.4K, raised on Dec 15, 2014.
MOVE Systems was founded in 2014 and is based in New York, United States. As an early-stage startup in the clean mobility sector, emphasis is placed on electrifying mobile food carts. The MRV100 model, an electric cart, is designed alongside an on-board hybrid power generation system. Operations target sustainable solutions for urban food vendors across the US.
MOVE Systems's top competitors include Actev Motors, K-Ryole and Green Power Kart.
MOVE Systems offers MRV100 and Simply Grid Hybrid Power System.
MOVE Systems has made 1 acquisition, including Simply Grid.