Tech Company Financing Transactions
Movago Funding Round
DN Capital, HV Holtzbrinck Ventures and Piton Capital invested in a $7.5 million Series A funding round for Movago. The round was announced on 11/24/2015.
Transaction Overview
Company Name
Announced On
11/24/2015
Transaction Type
Venture Equity
Amount
$7,450,000
Round
Series A
Investors
Proceeds Purpose
Movago will use this new capital to continue to invest in its technology and to further support the mover business processes and hence contribute to their business economics.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Chausseestr. 86
Berlin, 10115
Germany
Berlin, 10115
Germany
Phone
Website
Email Address
Not Recorded
Overview
Based on a standardized fixed pricing and its self-learning routing algorithm, the company envisions to make professional moving convenient and affordable. Improving the underlying economics for each job and making service quality more transparent will result in best value for price for both private and corporate customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Carsten Bild
Co-Founder
Maximilian Lanig
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About Our Venture Capital Transactions Database
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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