Smove

Transportation ServicesSeries ASingapore, Singaporesmove.sg

Latest round

Series A

Last raised

Sep 2019

Total raised

$9.8M

Investors

6

About Smove

Founded in 2011 by Joseph Ting, and Tom Lokenvitz, and based in Singapore, Smove Singapore Pte. Ltd. doing business as Smove, provides hourly car rental services through its mobile app. The firm owns over 400 cars for rental in over 110 locations across Singapore. In December 2020, Smoov was acquired by Drive Lah. The firm is in provisional liquidation as in May 2021. Smove provides mobile applications through which users can book cars on an hourly basis to enable consumers to rent cars instead of owning them thus saving space and money. The firm also offers a fleet of electric cars to rent from.

Who invested in Smove

6 investors across 3 rounds

See all investors in Smove

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Sep 25, 2019

    Amount

    $8.3M

    Investors

    Locked

  2. Seed

    May 4, 2018

    Amount

    $0.5M

    Investors

    Locked

  3. Seed

    Sep 5, 2014

    Amount

    $1.1M

    Investors

    Locked

Questions about Smove

Who invested in Smove?

Smove has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Smove raised?

Smove has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Smove last raise money?

Smove's most recent round on record is a Series A, in Sep 2019.

What does Smove do?

Founded in 2011 by Joseph Ting, and Tom Lokenvitz, and based in Singapore, Smove Singapore Pte.

Where is Smove headquartered?

Smove is headquartered in Singapore, Singapore.

Which VCs invest in companies like Smove?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back transportation services companies at Smove's stage. Their profiles are linked below.

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