About Movitas
Movitas is a company based in Pittsburgh (United States) founded in 2009 was acquired by Allin Interactive in November 2013.. Movitas has raised $3.7 million across 2 funding rounds from investors including Allin Interactive. Movitas has completed 1 acquisition, including PhindMe Mobile.
- Headquarter Pittsburgh, United States
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.7 M (USD)
in 2 rounds
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Latest Funding Round
$3 M (USD), Series A
Jul 21, 2010
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Allin Interactive
(Nov 12, 2013)
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Funding Insights of Movitas
Movitas has successfully raised a total of $3.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in July 2010. 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 — $3.0M
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First Round
First Round
(12 Mar 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2010 | Amount | Series A - Movitas | Valuation |
investors |
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| Mar, 2010 | Amount | Seed - Movitas | Valuation |
investors |
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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 Movitas
Movitas has secured backing from 1 investor. Prominent investors backing the company include Allin Interactive. 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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Guest management software is provided for the hospitality industry.
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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 Movitas
Movitas has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PhindMe Mobile. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile wallet marketing solutions are provided for enterprises through applications.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Movitas
| 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 |
Movitas Comparisons
Competitors of Movitas
| 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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Frequently Asked Questions about Movitas
When was Movitas founded?
Movitas was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Movitas located?
Movitas is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Movitas?
Keith Forshew is the current CEO of Movitas.
Is Movitas a funded company?
Movitas is a funded company, having raised a total of $3.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Mar 12, 2010.
What does Movitas do?
Movitas was founded in 2009 and is headquartered in Pittsburgh, United States. The company is led by CEO Keith Forshew. Operations and services are not detailed in available records, with the domain movitas.com serving as its online presence. Further specifics on industry sector or geographic reach beyond the headquarters location remain undisclosed.
How many acquisitions has Movitas made?
Movitas has made 1 acquisition, including PhindMe Mobile.
Who are Movitas's investors?
Movitas has 1 investor. Key investors include Allin Interactive.
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