Amount Raised
$6 Million
Round Type
Funding Round
New DelhiTransportationInvestors
Description
Alt Mobility raises $6 million in funding to scale up operations. The funding round was co-led by Shell Ventures, Eurazeo, EV2 Ventures, and Twynam, with participation from UC Inclusive, Piper Serica, Pitchright, and LetsVenture. The round is a mix of equity and venture debt. The capital will be used for hiring an engineering team to scale its Electric Vehicle (EV) asset management platform FleetOS and for setting up new verticals for fleets including drive-to-own model, parametric insurance, fleet depots, and a battery refurbishment unit
Quick answer
Alt Mobility raised $6 Million in a Funding Round round, dated January 29, 2024. Investors: Lets Venture, Pitchright, Piper Serica, UC Inclusive, Twynam, Ev2 Ventures, Eurazeo and Shell Ventures. Alt Mobility is based in New Delhi, Delhi, India.
- How much did Alt Mobility raise?
- Alt Mobility raised $6 Million in a Funding Round round on January 29, 2024.
- Who invested in Alt Mobility?
- Lets Venture, Pitchright, Piper Serica, UC Inclusive, Twynam, Ev2 Ventures, Eurazeo and Shell Ventures are named as investors in this round.
- What does Alt Mobility do?
- Alt Mobility is a full stack Electric Fleet Leasing platform that enables transition of urban logistics fleets to electric mobility through leasing.
- Where is Alt Mobility based and how big is it?
- Alt Mobility is based in New Delhi, Delhi, India. Fundz records about 42 employees.
- Who are the decision-makers at Alt Mobility?
- Fundz holds 1 contact at Alt Mobility. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation around the same time
Companies in the same sectors as Alt Mobility that raised within 45 days of this round, from Fundz verified event records.
- inDrive raised $150M (Funding Round) on March 14, 2024.
- Iron Sheepdog raised $3M (Seed) on March 13, 2024.
- Loop Global raised $6M (Seed) on March 12, 2024.
- Regent Craft raised an undisclosed amount (Corporate Round) on March 11, 2024.
- SLEEK EV raised an undisclosed amount (Funding Round) on March 6, 2024.
- Soriano Group raised $11M (Funding Round) on March 6, 2024.
Who to call at Alt Mobility, and when
A new round usually means Alt Mobility is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Alt Mobility raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Alt Mobility, from your own LinkedIn network
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Fundz sees it the moment Alt Mobility raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Alt Mobility 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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