Movoto

San Mateo, United States Founded: 2005 • Age: 21 yrs Acquired By Lower
Residential properties are brokered online for buyers, sellers, and homeowners.

About Movoto

Movoto is a company based in San Mateo (United States) founded in 2005 was acquired by Lower in May 2025.. Movoto has raised $8.01 million across 1 funding round from investors including Ojo Technologies, Mitsui Fudosan and Lower. Movoto operates in a competitive market with competitors including QuintoAndar, Compass, Purplebricks, Housfy and SquareFoot, among others.

  • Headquarter San Mateo, United States
  • Sectors
    Real Estate & Construction
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Movoto Llc
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8.01 M (USD)

    in 1 rounds

  • Latest Funding Round
    $8.01 M (USD), Series A

    Oct 30, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Lower

    & 2 more

    (May 13, 2025)

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People of Movoto
Headcount 200-500
Employee Profiles 17
Employee Profiles
People
Carmen Vaca
Customer Success Manager
People
Jerry Franklin
VP Of International Operations
People
Lee Wilka
Financial Operations Manager
People
Joel MacIntosh
Vice President Data Services

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Funding Insights of Movoto

Movoto has successfully raised a total of $8.01M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.01 million completed in October 2019. 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 Rounds 1
  • Last Round Series A — $8.0M
  • First Round

    (30 Oct 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Series A - Movoto Valuation Mitsui Fudosan
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 Movoto

Movoto has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Ojo Technologies, Mitsui Fudosan and Lower. 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.

All
Institutional
Investor Description Founded Year Domain Location
Developer of commercial and residential real estate projects
Founded Year Domain Location
Enterprises are matched with talent via job-board platforms.
Founded Year Domain Location
AI conversational assistant is developed for real estate applications.
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 Movoto

Investments
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 - Movoto

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Movoto Comparisons

Employees
+
Add Comparison
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Competitors of Movoto

Movoto 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 QuintoAndar, Compass, Purplebricks, Housfy and SquareFoot, 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
Rental properties are brokered online for seekers and owners.
domain founded_year HQ Location
Online brokerage for residential properties is facilitated via mobile apps.
domain founded_year HQ Location
App-based brokerage services for residential property sales are offered.
domain founded_year HQ Location
Online brokerage for residential properties is provided to sellers.
domain founded_year HQ Location
Commercial real estate is brokered online for searches and negotiations.
domain founded_year HQ Location
Sundae is focused on helping homeowners sell properties off-market.
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.

Latest news on Movoto

Frequently Asked Questions about Movoto

When was Movoto founded?

Movoto was founded in 2005 and raised its 1st funding round 14 years after it was founded.

Where is Movoto located?

Movoto is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Is Movoto a funded company?

Movoto is a funded company, having raised a total of $8.01M across 1 funding round to date. The company's 1st funding round was a Series A of $8.01M, raised on Oct 30, 2019.

What does Movoto do?

Movoto was founded in 2005 and is headquartered in San Mateo, United States. An online brokerage platform is operated within the real estate sector, focusing on residential properties. Services are provided to homebuyers, sellers, and homeowners through an in-house team of curated, trained, and certified brokers. Transactions for buying and selling properties are facilitated via the domain movoto.com.

Who are the top competitors of Movoto?

Movoto's top competitors include QuintoAndar, Compass and Purplebricks.

Who are Movoto's investors?

Movoto has 4 investors. Key investors include Ojo Technologies, Mitsui Fudosan, Lower, and Recruit Group.

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