About Newmo
Newmo is a company based in Minato (Japan) founded in 2024 by Naoki Aoyagi, Sokawa Keisuke, Kentaro Muto, Ryusuke Matsumoto, Haruna Noji, and Satoshi Miyazaki. Newmo has raised $51.43 million across 4 funding rounds from investors including Mercari, MUFG Bank and Resona Group.
- Total Equity Funding$51.43 M (USD)
in 4 rounds
- Latest Funding Round$8.36 M (USD), Series A
Jul 02, 2025
- InvestorsMercari
& 39 more
Funding Insights of Newmo
Newmo has successfully raised a total of $51.43M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $8.36 million completed in July 2025. 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 $51.4M
- Total Rounds 4
- Last Round Series A — $8.4M
- Investors Count 40
All 4 funding rounds of Newmo 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 Jul 2025 | $8.4M | Series A | – | – | |
| 31 Oct 2024 | $41.1M | Series A | – | ANRI , Axiom Asia | |
| 07 May 2024 | $2.0M | Seed | – | – | |
| 01 Feb 2024 | – | Seed | – | – |
40 investors in total: 40 institutional.
Investors in Newmo
Newmo has secured backing from 40 investors, including venture fund and institutional investors. Prominent investors backing the company include Mercari, MUFG Bank and Resona Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech-focused investments in Japan are made by ANRI. | – | anri.vc | Tokyo, Japan | |
Private equity investments across Asia are managed by Axiom Asia. | – | axiomasia.com | Singapore, Singapore | |
Incubator & VC firm Tech focused investing in primarily Japan & Taiwan | – | bdashventures.com | Minato City, Japan | |
Early-stage startups are funded by Bonds Investment Group. | – | bonds-ig.com | Shibuya, Japan | |
Coral Capital is engaged in venture capital investments for startups. | – | coralcap.co | Japan | |
Tech-focused seed, early, and mid-stage VC investments are made globally. | – | dcm.com | Menlo Park, United States | |
Venture capital investment and global platform support for startups. | 2008 | eightroads.com | London, United Kingdom | |
Investments are made in startups to drive innovation in Japan's tech and emerging sectors. | – | globiscapital.co.jp | - | |
Early-stage tech ventures in the US and Asia are funded. | – | gmo-vp.com | Shibuya, Japan | |
Investments are made in early-stage tech startups across multiple sectors. | – | headline.com | San Francisco, United States |
Investor details for Newmo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Newmo
6 people are tracked at Newmo (6 in leadership).
| Name | Role | Group |
|---|---|---|
Naoki Aoyagi | Co-Founder & CEO | Leadership |
Sokawa Keisuke | Co-Founder | Leadership |
Kentaro Muto | Co-Founder | Leadership |
Ryusuke Matsumoto | Co-Founder | Leadership |
Haruna Noji | Co-Founder | Leadership |
Satoshi Miyazaki | Co-Founder | Leadership |
Complete people profiles for Newmo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Newmo
3 dated milestones of Newmo across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Newmo is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $8.4M.
Similar companies to Newmo
10 companies that operate in the same segment as Newmo (Car Rentals), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Europcar is recognized as a global leader in car rental services. | 1949 | Seychelles | – | – | – | |
Car rental services are provided across the United Kingdom. | 1975 | London, England, United Kingdom | – | – | – | |
Trailer rental services are provided by Freetrailer in Denmark. | 2004 | Copenhagen, Denmark | USD 1.62 M | – | – | |
Car rental services are provided to customers worldwide. | 1918 | Estero, Florida, United States | – | USD 8.5 B | 26,000 | |
Car rental services are provided by ADAC to various customers. | 1903 | Munchen, Bayern, Germany | – | – | – | |
Car rental and transportation services are provided for diverse needs. | 1996 | Delhi, Delhi, India | – | USD 86.12 M | 950 | |
Offers self-drive car rentals across South India with doorstep delivery and subscriptions. | 2018 | Ernakulam, Kerala, India | – | USD 329.22 M | – | |
Self-drive car rental services are provided by Thrifty to customers. | 1958 | Estero, Florida, United States | – | – | – | |
Car rental and mobility services for corporate and personal needs in India and internationally. | 1996 | Delhi, Delhi, India | – | – | – | |
Car rentals service provider | 1986 | Anyang, Gyeonggi-do, South Korea | – | – | – |
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Frequently Asked Questions about Newmo
Newmo was founded in 2024.
Newmo is headquartered in Minato, Japan. It is registered at Minato, Tokyo, Japan.
Naoki Aoyagi is the current CEO of Newmo. They have also founded this company.
Newmo is a funded company, having raised a total of $51.43M across 4 funding rounds to date.
Newmo was founded in 2024 in Minato, Japan, as a provider of ridesharing services within the transportation sector. Operations are centered on facilitating shared rides through a digital platform. The company is led by six co-founders, including Naoki Aoyagi as CEO. Services are targeted at urban mobility needs in the Japanese market, with a focus on efficient matching of riders and drivers.
Newmo has 40 investors. Key investors include Mercari, MUFG Bank, Resona Group, Hokuhoku Financial Group, and Shizuoka Financial Group.