Fundz

Motorist secures Series A investment at a valuation of US$60mil

PRIVATEJan 22, 2024

Round Type

Series A

SingaporeTransportationAutomotiveFleet Management

Investors

Angel Central SyndicateTokyo Century Leasing (Singapore)

Description

Singapore startup, Motorist, has secured an undisclosed amount of funding at a valuation of US$60 million in its Series A round, with Tokyo Century Leasing (Singapore) as the lead investor. The funding will support the company's expansion in automotive financing for customers in Singapore, Malaysia, Thailand, and Vietnam. Existing investors through an AngelCentral Syndicate have also participated in this round.

Quick answer

Motorist raised an undisclosed amount in a Series A round, dated January 22, 2024. Investors: Angel Central Syndicate and Tokyo Century Leasing (Singapore). Motorist is based in Singapore.

How much did Motorist raise?
Motorist raised an undisclosed amount in a Series A round on January 22, 2024.
Who invested in Motorist?
Angel Central Syndicate and Tokyo Century Leasing (Singapore) are named as investors in this round.
What does Motorist do?
Motorist is a Singapore startup that aims to simplify vehicle ownership via digital tools.
Where is Motorist based and how big is it?
Motorist is based in Singapore. Fundz records about 150 employees.
Who are the decision-makers at Motorist?
Fundz holds 1 contact at Motorist. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as Motorist that raised within 45 days of this round, from Fundz verified event records.

  • Mober raised $2M (Seed) on February 14, 2024.
  • SLEEK EV raised an undisclosed amount (Funding Round) on March 6, 2024.
  • Soriano Group raised $11M (Funding Round) on March 6, 2024.
  • Zelos Technology raised $100M (Series A) on February 27, 2024.
  • Yulu raised $19M (Series C) on February 23, 2024.
  • Fastned raised $30M (Funding Round) on February 21, 2024.

Who to call at Motorist, and when

A new round usually means Motorist is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Motorist raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Motorist, from your own LinkedIn network

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Company Information

Company

Motorist

Location

Singapore

About

Motorist is a Singapore startup that aims to simplify vehicle ownership via digital tools.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Motorist 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.