Tech Company Financing Transactions
Motor Funding Round
Motor closed a $7 million Series A funding round on 2/7/2023. Investors included AES and Mitsubishi Corporation.
Transaction Overview
Company Name
Announced On
2/7/2023
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
Proceeds Purpose
The company will use the funds to Accelerate Adoption of Electric Vehicles
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
4300 Wilson Blvd 900
Arlington, VA 22203
USA
Arlington, VA 22203
USA
Phone
Undisclosed
Website
Email Address
Overview
We are dedicated to helping drivers discover, switch to, and stick with electric cars. We believe the best way to do this is through a delightful car shopping experience, easy at-home charging, and ongoing concierge service. In less than 10-minutes drivers can register, select a car, and schedule delivery to their driveway; without ever leaving home.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Praveen Kathpal
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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