Fundz

Motorist secured US$60mil in Series A funding with AngelCentral Syndicate participation

PRIVATEMar 17, 2024

Amount Raised

$60 Million

Round Type

Series A

SingaporeTransportationAutomotiveFleet Management

Investors

Angel Central Syndicate

Description

Motorist has secured a Series A investment at a valuation of US$60 million. The round included investment from existing investors through an AngelCentral Syndicate, as the firm continues seeking additional strategic investors for its Series A round.

Quick answer

Motorist raised $60 Million in a Series A round, dated March 17, 2024. Investors: Angel Central Syndicate. Motorist is based in Singapore.

How much did Motorist raise?
Motorist raised $60 Million in a Series A round on March 17, 2024.
Who invested in Motorist?
Angel Central Syndicate is 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.

  • Lucid Group raised $1B (Funding Round) on March 25, 2024.
  • BluWheelz raised $1M (Seed) on April 22, 2024.
  • RNR raised $640K (Seed) on April 15, 2024.
  • Mober raised $2M (Seed) on February 14, 2024.
  • Zypp Electric raised $40M (Series C) on April 12, 2024.
  • Windrose Technology raised $110M (Series B) on April 11, 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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