What is Mottu?
Mottu is a Brazilian startup operating in the motorcycle rental space, headquartered in Sao Paulo. The company aims to provide accessible and efficient motorcycle rental solutions, likely targeting urban commuters and delivery services within Brazil's dynamic market. Its business model focuses on simplifying access to two-wheeled transportation, potentially addressing issues of cost, maintenance, and convenience associated with motorcycle ownership.
How much funding has Mottu raised?
Mottu has raised a total of $82M across 3 funding rounds:
Other Financing Round
$2M
Series B
$30M
Series C
$50M
Other Financing Round (2021): $2M with participation from Allievo Capital
Series B (2022): $30M led by Base Partners, Crankstart, and Sequoia Capital Partners
Series C (2023): $50M supported by QED Investors and Bicycle Capital
Key Investors in Mottu
QED Investors
QED Investors is a global venture capital firm specializing in early-stage, disruptive financial services companies across various regions. Their hands-on approach aims to foster breakthrough growth for their portfolio companies.
Bicycle Capital
Bicycle Capital appears to be an investor focused on mobility solutions, as indicated by its involvement with Mottu and its description related to sustainable mobility services in Colombia.
Allievo Capital
Allievo Capital is a private equity firm employing an entrepreneurial investment approach, focusing on venture capital, search funds, and growth equity to create long-term value in high-quality private companies.
What's next for Mottu?
With its recent major strategic investment, Mottu is poised for accelerated expansion and operational enhancement. The company is expected to leverage this capital to scale its fleet, expand its geographic reach within Brazil, and potentially invest in technology to optimize its rental platform and customer experience. This funding round signals a strong vote of confidence from investors, positioning Mottu to further solidify its presence in the competitive Brazilian motorcycle rental market and explore new avenues for growth and service innovation.
See full Mottu company page
