Moove Raises $23 Million Series A Funding To Democratize Vehicle Ownership In Africa
Amount Raised
$23 Million
Round Type
Series A
Description
Moove, an African mobility fintech, today announced that it has raised $23 million in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower Technology Ventures, thelatest.ventures, LocalGlobe, Tekton, FJ Labs, Palm Drive Capital, Roka Works, KAAF Investments, Spartech Ventures, Class 5 Global, and Victoria van Lennep, co-founder of Lendable. Africa specialist, Verod Kepple Africa Ventures, and one of Moove’s existing lenders, Emso Asset Management, also joined the round. This brings Moove’s total funding to $68.2 million, including $28.2M in equity and $40.0M in debt
Quick answer
Moove raised $23 Million in a Series A round, dated August 9, 2021.
- How much did Moove raise?
- Moove raised $23 Million in a Series A round on August 9, 2021.
- What does Moove do?
- Moove is an African mobility fintech that is democratizing vehicle ownership by providing revenue-based vehicle financing to mobility entrepreneurs across Africa, where limited access to vehicle financing has resulted..
- Who are the decision-makers at Moove?
- Fundz holds 1 contact at Moove, including the Co Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Media And Entertainment around the same time
Companies in the same sectors as Moove that raised within 45 days of this round, from Fundz verified event records.
- Stord raised $90M (Series D) on September 14, 2021.
- Stord raised $95M on September 13, 2021.
- Locket raised $2.5M (Seed) on September 8, 2021.
- Car IQ raised $15M (Series B) on August 11, 2021.
- Carputty Inc. raised $7.2M (Funding Round) on August 6, 2021.
- Carputty Inc. raised $9M on July 21, 2021.
Who to call at Moove, and when
A new round usually means Moove is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Moove raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Moove, from your own LinkedIn network
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Funding Insights
What this usually meansMoove raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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