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

Insight Venture Partners (Lead Investor)

Avanta Ventures

FM Capital

Monta Vista Capital

Story Ventures

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
Phone
Undisclosed
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
Motorq LinkedIn Company Profile
Social Media
Motorq Company Twitter Account
Company News
Motorq News
Facebook
Motorq on Facebook
YouTube
Motorq on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Arun Rajagopalan
  Arun Rajagopalan LinkedIn Profile  Arun Rajagopalan Twitter Account  Arun Rajagopalan News  Arun Rajagopalan on Facebook
Chief Operating Officer
Vivek Malipatil
  Vivek Malipatil LinkedIn Profile  Vivek Malipatil Twitter Account  Vivek Malipatil News  Vivek Malipatil on Facebook
Chief Technical Officer
Ashwin Raja
  Ashwin Raja LinkedIn Profile  Ashwin Raja Twitter Account  Ashwin Raja News  Ashwin Raja on Facebook


 

 

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Prev: 3/1/2022: Gemie venture capital transaction
Next: 3/1/2022: Coreshell Technologies venture capital transaction

 

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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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