Growing Market Presence MOVO operates in the rapidly expanding micromobility sector within urban environments in Spain, supported by significant funding of over $23 million, indicating strong growth potential and an increasing customer base.
Strategic Partnerships The company has established key alliances, such as with Adyen for payment processing, which could facilitate collaborations with financial service providers and expand revenue streams in payments and mobility services.
Funding and Investment Recent Series A funding of approximately €20 million from notable investors like Mutua Madrileña and Seaya Ventures highlights investor confidence and opens opportunities for strategic funding or partnership discussions.
Technology Stack Utilizing cloud services, SEO tools, and open-source technologies positions MOVO as a tech-savvy company, making it an attractive partner for technology providers seeking to enhance mobility platforms.
Market Expansion Potential As a subsidiary of Cabify and operating in a competitive landscape with other mobility players, MOVO presents opportunities for cross-promotions, joint ventures, or expansion into new markets targeting urban mobility improvements.
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$500M$1BMOVO uses 8 technology products and services including Cloudflare CDN, Twemoji, Ruby, and more. Explore MOVO's tech stack below.
| MOVO Email Formats | Percentage |
| First.Middle@movo.me | 26% |
| First.Last@movo.me | 24% |
| First.Middle@movo.me | 26% |
| First.Last@movo.me | 24% |
Technology, Information and InternetCommunity of Madrid, Spain51-200 Employees
Our platform moves people around the cities in a easier way, faster and more enjoyable. We try to provide a great experience for our users, while enjoying our work and believing in what we do. We're growing but we wanna grow with you.
Company Overview
Funding & FinancialsMOVO has raised a total of $23M of funding over 1 rounds. Their latest funding round was raised on Apr 10, 2019 in the amount of $23M.
MOVO's revenue is estimated to be in the range of $25M$50M
Funding & FinancialsMOVO has raised a total of $23M of funding over 1 rounds. Their latest funding round was raised on Apr 10, 2019 in the amount of $23M.
MOVO's revenue is estimated to be in the range of $25M$50M
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support@leadiq.com