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Employee Commute Platform MoveInSync Secures $15 Million in Series C Funding

PRIVATEJan 29, 2024

Amount Raised

$15 Million

Round Type

Series C

BengaluruTransportation

Investors

Nexus Venture PartnersAthera Venture PartnersQualcomm VenturesSaama CapitalBessemer Venture Partners

Description

MoveInSync has successfully raised $15 million in a Series C funding round led by Bessemer Venture Partners. The funds will be directed towards the expansion of MoveInSync One, a comprehensive commute solution, and to empower its 800-member team to enhance fleet optimization capabilities, expand global operations, and target new markets, including the Philippines, South Africa, and the Middle East.

Quick answer

MoveInSync raised $15 Million in a Series C round, dated January 29, 2024. Investors: Nexus Venture Partners, Athera Venture Partners, Qualcomm Ventures, Saama Capital and Bessemer Venture Partners. MoveInSync is based in Bengaluru, Karnataka, India.

How much did MoveInSync raise?
MoveInSync raised $15 Million in a Series C round on January 29, 2024.
Who invested in MoveInSync?
Nexus Venture Partners, Athera Venture Partners, Qualcomm Ventures, Saama Capital and Bessemer Venture Partners are named as investors in this round.
What does MoveInSync do?
MoveInSync is an integrated enterprise commute platform focused on providing seamless transportation solutions for businesses.
Where is MoveInSync based and how big is it?
MoveInSync is based in Bengaluru, Karnataka, India.
Who are the decision-makers at MoveInSync?
Fundz holds 1 contact at MoveInSync. 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 MoveInSync 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 MoveInSync, and when

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

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

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Company Information

Company

MoveInSync

Location

Bengaluru, Karnataka, India

About

MoveInSync is an integrated enterprise commute platform focused on providing seamless transportation solutions for businesses. The company serves over 400 clients in 35 countries, including several Fortune 500 companies. It aims to drive innovation and sustainability in employee commuting. This acquisition marks a strategic step in scaling their operations.

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