What is Mottu?
Headquartered in Sao Paulo, Mottu operates as a specialized motorcycle rental startup designed to address the unique logistical challenges of the Brazilian market. By providing accessible, high-utility vehicle solutions, the company serves as a vital link in the delivery ecosystem, enabling independent contractors and delivery platforms to maintain operational efficiency. Mottu's business model focuses on fleet management and rental services, effectively lowering the barrier to entry for individuals participating in the rapidly growing on-demand delivery sector. Through its strategic focus on urban mobility, the company has established itself as a key infrastructure provider in the region's gig economy.
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 Crankstart, Base Partners, and Sequoia Capital Partners
Series C (2023): $50M supported by Bicycle Capital and QED Investors
Key Investors in Mottu
Bicycle Capital
Bicycle Capital is an investment firm focused on sustainable mobility and infrastructure, providing capital to companies that enhance urban transportation efficiency.
QED Investors
QED Investors is a global boutique venture capital firm specializing in early-stage, disruptive financial services and high-growth technology companies across Latin America and beyond.
Allievo Capital
Allievo Capital is a private equity firm that utilizes an entrepreneurial approach to foster long-term value in high-quality private companies through venture and growth equity strategies.
What's next for Mottu?
With the successful closure of its latest funding round, Mottu is positioned to transition into a phase of aggressive operational scaling and service diversification. The company is likely to prioritize the expansion of its motorcycle fleet to meet rising demand in major metropolitan areas while simultaneously investing in digital platforms to optimize rental management and maintenance workflows. As the firm matures, strategic focus will likely shift toward enhancing unit economics and exploring potential integrations with broader logistics networks. The continued support from high-profile venture capital firms suggests a long-term commitment to establishing Mottu as the dominant force in the Brazilian motorcycle-as-a-service market.
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