M
MOVO
A motorbikes and scooters sharing platform
About MOVO
Movo operates as a mobility service provider, focusing on the sharing of electric scooters and skateboards in urban areas. The company primarily serves environmentally conscious individuals seeking convenient and sustainable transportation options in cities like Madrid and Barcelona. Movo's business model revolves around a sharing economy framework, where users can easily access and rent electric vehicles through a mobile application. Revenue is generated through rental fees, which are charged based on the duration of use. By offering an eco-friendly alternative to traditional transportation, Movo positions itself in the growing market of sustainable urban mobility solutions. The service appeals to a demographic that values both convenience and environmental responsibility, aligning with broader trends towards reducing carbon footprints in metropolitan areas. Keywords: electric scooters, skateboards, urban mobility, sustainable transport, sharing economy, rental service, eco-friendly, Madrid, Barcelona, transportation.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2017
- Headquarters
- Madrid, Spain
- Employees
- 7
- Open positions
- None listed
- Dealroom signal
- 92.6/100
- Industry
- Transportation
- Sub-industry
- Mobility
- Sector
- Transportation, Mobility, E-Scooters, Micromobility, Sustainable Development Goals, Urban Tech, Climate Tech, Circular Economy
- Technology
- Mobile app
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning MOVO.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Aug 2021 | $0 | — | Cabify | ↗ |
| SERIES B✓Equity / VC | Aug 2020 | $14M | $57M | Seaya · Mutua Madrileña · Delivery Hero | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for MOVO is 3K monthly website visits, up 42.9% over the last three months. MOVO's team grew 133.3% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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|---|---|---|---|---|---|
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 Wind MobilityMicro-mobility company that offers convenient last mile transportation services |
Barcelona, Spain | Acquired | |||
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Seaya
Mutua Madrileña
Delivery Hero
Other known investors1 additional known investor
Cabify
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about MOVO on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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