Tech Company Financing Transactions
Motorq Funding Round
Insight Venture Partners, Avanta Ventures and FM Capital joined a $40 million Series B funding round for Motorq. The funding round closed on 3/1/2022.
Transaction Overview
Company Name
Announced On
3/1/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Proceeds Purpose
Funding will be used to grow the product development and engineering teams, increase collaboration with the automotive OEMs, establish sales and business development in Europe and Japan and enhance the core Motorq platform for new markets.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
San Francisco, CA 94102
USA
San Francisco, CA 94102
USA
Phone
Undisclosed
Website
Email Address
Overview
Motorq is a technology partner for connected car data and analytics. Motorq expands the potential of connected-car data. We are committed to responsibly leveraging technology and mobility data -- to create value for motorists and businesses, while respecting the privacy and security of data.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Arun Rajagopalan
Chief Operating Officer
Vivek Malipatil
Chief Technical Officer
Ashwin Raja
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We do our best to document every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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