Moove raised $100 million in a Series A funding round led by Uber, Future Africa, and Dubai’s The Latest Ventures to support its expansion into the U.S. market focusing on electric vehicle financing.
Amount Raised
$100 Million
Round Type
Series A
Investors
Description
Nigerian mobility startup Moove is expanding into the U.S. market with a new focus on electric vehicles. This expansion follows their announcement of securing $100 million in funding to drive profitability by 2025.
Quick answer
Moove raised $100 Million in a Series A round, dated September 13, 2024. Investors: Dubai’s The Latest Ventures, Future Africa and Uber.
- How much did Moove raise?
- Moove raised $100 Million in a Series A round on September 13, 2024.
- Who invested in Moove?
- Dubai’s The Latest Ventures, Future Africa and Uber are named as investors in this round.
- 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.
- Ice Mobility raised $4.2M (Seed) on October 28, 2024.
- UnitPlus raised $5.1M (Seed) on October 28, 2024.
- Wildfire Systems raised $16M (Series B) on October 28, 2024.
- Blacklane raised $65M (Series G) on October 28, 2024.
- Pargo raised $4M (Seed) on October 27, 2024.
- Radical Storage raised $7M (Series A) on October 25, 2024.
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
Works inside ChatGPT and Claude. Ask who to call at Moove. With Fundz connected, it knows.
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Fundz sees it the moment Moove raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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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