What is Mavi.Io?
Founded in 2021, Mavi.io is the creator of MAVI, an innovative in-car retail marketplace designed to power OnMyWay commerce within consumers' connected vehicles. The MAVI platform facilitates safe, efficient, and reliable in-car shopping by integrating recommendations, ordering, payment processing, and curbside pickup coordination. It connects drivers with a diverse range of retailers, eateries, CPG companies, and service providers, effectively bringing the point of sale to the vehicle's dashboard. This integration aims to boost conversion rates, enhance convenience, drive new customer acquisition, and foster loyalty for businesses through a unified integration.
How much funding has Mavi.Io raised?
Mavi.Io has raised a total of $4.7M across 2 funding rounds:
Other Financing Round
$1.7M
Angel/Seed
$3M
Other Financing Round (2022): $1.7M, investors not publicly disclosed
Angel/Seed (2024): $3M led by Refashiond Ventures
Key Investors in Mavi.Io
Refashiond Ventures
Refashiond Ventures is an industrial transformation fund focused on revolutionizing global supply chains by investing in companies that are reinventing legacy industries. They support innovative startups aiming to refashion traditional supply chain models.
What's next for Mavi.Io?
The recent major strategic investment in Mavi.io signals a strong validation of its business model and market potential within the burgeoning connected car ecosystem. This capital infusion is expected to accelerate Mavi.io's product development, expand its network of retail partners, and enhance its technological infrastructure. The company's focus on creating a seamless and safe in-car commerce experience positions it for significant growth as automotive connectivity continues to advance. Future developments will likely involve scaling operations, forging deeper partnerships with automakers and brands, and further refining the MAVI platform to meet evolving consumer demands for convenience and integrated services.
See full Mavi.Io company page