Motoreto
Transforming the used car supply chain in a simpler digitized way
Transforming the used car supply chain in a simpler digitized way
Motoreto is a Retail startup that aims to transform the used car supply chain in a simpler digitized way. Founded in 2020 and headquartered in Spain, the company has been disrupting the automotive industry by creating a Global Distributor System and digitizing the used car supply chain. This approach empowers trading, opens up new sales channels, and eliminates the pain points in the transactional process. In its latest funding round on 06 July 2023, Motoreto secured a €1.40M investment from a group of investors including OK Venture, Fides Capital, First Drop VC, Julio Ribes, Grupo Anderson's, and COREangels Lisbon. This investment is expected to further support the company's efforts in revolutionizing the used car market.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | €1.40M | 6 |
|
06 Jul 2023 |
| Pre Seed Round | €150.00K | 1 | First Drop | 04 May 2023 |
| Pre Seed Round | €880.00K | - | 31 Oct 2021 | |
| Pre Seed Round | €200.00K | 2 |
|
01 Sep 2020 |
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