Motorist secured US$60mil in Series A funding with AngelCentral Syndicate participation
Mar 17, 2024•over 1 year ago
Amount Raised
$60 Million
Round Type
series a
SingaporeFleet ManagementAutomotiveTransportationInvestors
Angel Central Syndicate
Description
Motorist has secured a Series A investment at a valuation of US$60 million. The round included investment from existing investors through an AngelCentral Syndicate, as the firm continues seeking additional strategic investors for its Series A round.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech