About this raise: Who Should Be Interested:
Are you a company that makes mobility products? Or are you looking to join the shared mobility economy? Well then, investing in Movatic might be the move for you. Their app is able to work with any mobility product and allows operators to manage all of their systems and networks through its admin suite.

The Company:
Movatic is an app-based solution that helps manufacturers join the shared mobility economy. App-based shared mobility is a $458 billion annual market in the US alone, and it’s continuing to grow. This trend is leading to any company that makes mobility products, like bikes, cars, or scooters, trying to become a sharing company. Movatic is here to help make that happen. Movatic can work with any company to make their product sharable. Company operators can manage their systems through Movatic’s admin suite, and Movatic brings together a variety of companies through its app. Therefore, as Movatic states, “...every company that joins Movatic’s prosperous ecosystem is part of a global network that gets stronger and more compelling with each addition.” So far, Movatic is working with ten companies, has a strong sales pipeline with their revenue doubling every 6 months (without investment)...and they’ve already broken even.

The Bottom Line:
Movatic is the app that makes things move and keeps your shared mobility options open and ticking. With them, you can turn your mobility company into a shared mobility company...and become part of that billion dollar (and growing!) market.