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Moove
company
About
Moove offers revenue-based vehicle financing to mobility entrepreneurs globally.
- 251 - 500
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $65M
- Industries
- Automotive,Financial Services,FinTech
- Founded date
- Jan 1, 2020
- Number Of Employee
- 251 - 500
- Operating Status
- Active
Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs to underwrite loans.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
$148M
Moove has raised a total of
$148M
in funding over 2 rounds. Their latest funding was raised on
Mar 14, 2022 from a Series A round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 14, 2022 | Series A | $65M | 2 |
Speedinvest
|
— | Detail |
| Mar 14, 2022 | Debt Financing | $40M | 1 | — | — | Detail |
| Aug 9, 2021 | Series A | $23M | 1 |
Speedinvest
|
— | Detail |
| May 3, 2021 | Debt Financing | $20M | 1 |
IFC Venture Capital Group
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
3
3
Moove is funded by 3 investors.
Speedinvest
and IFC Venture Capital Group
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Speedinvest
|
Yes | Series A |
|
IFC Venture Capital Group
|
Yes | Debt Financing |
Kreos Capital
|
— | Series A |
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