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- Mobility Technologies
Mobility Technologies Funding, Investors & Competitors
Mobility Technologies has raised $329M across 5 funding rounds, most recently a $212M strategic investment round in July 2020.
Last Mobility Technologies funding round
$212M
Strategic investment · Jul 2020
Mobility Technologies revenue
$14M
Strategic investment · Aug 2018
Key investors in Mobility Technologies
About Mobility Technologies
Mobility Technologies is a Tokyo-based developer of dispatch systems for taxi operators, established in 1977. It links 50,000 vehicles nationwide using GPS and AI for quick rides, reducing wait times to under 2 minutes. The platform serves major firms like Nihon Kotsu and integrates with JapanTaxi app. Headquartered in Minato City, it updates mobility IT standards across 47 prefectures.
Founded
1977
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$14M (Aug 2018)
Mobility Technologies Revenue
Mobility Technologies' latest recorded revenue is $14M, as of its strategic investment round in August 2018.
Mobility Technologies revenue by funding round
| Date | Revenue * | Stage |
|---|---|---|
| Aug 2018 | $14M | Strategic investment |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Mobility Technologies Funding History
Mobility Technologies has raised a total of $329M across 5 funding rounds.
Mobility Technologies' first fundraising round was a $5M seed round in June 2017. The most recent completed round was a $212M strategic investment round in July 2020.
Mobility Technologies funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jul 2020 | Strategic investment | NTT DoCoMo; Dentsu Group; Tokyo Century | $212M | - |
| Sep 2018 | Strategic investment | Kakao Mobility (lead) | $13M | Kakao Mobility, the ride-hailing arm of South Korea's Kakao, made a strategic investment of about $13.5 million in the Japanese taxi-hailing company JapanTaxi, now Mobility Technologies, in September 2018. The round came two months after NTT Docomo provided about $20.3 million in a separate capital and business alliance. The investment gave the Korean mobility platform a foothold in Japan's taxi market and aligned the two companies on ride-hailing technology and services. The company was founded in 1977 as a taximeter software provider and rebranded as Zenkoku Taxi in 2011 when it pivoted to a ride-hailing app, later becoming JapanTaxi. It operates one of Japan's largest taxi-hailing platforms and in-vehicle advertising tablets, and later combined with the DeNA taxi app business to form Mobility Technologies. |
| Aug 2018 | Strategic investment | NTT DoCoMo (lead) | $20M | - |
| Feb 2018 | Undisclosed stage | Toyota (lead); SPARX Group | $79M | May Mobility, an Ann Arbor-based developer of autonomous vehicle technology for shuttles and mobility services, which received investments involving Toyota and SPARX Group's Mirai Creation Fund II in later rounds, such as a $111 million Series C in 2022 led by the fund with participation from Toyota-related entities, Tokio Marine, and others, aimed at deploying technology on Toyota's Sienna Autono-MaaS platforms and expanding to driverless operations. SPARX Group established Mirai Creation Fund II in 2018 with seed capital from Toyota Motor Corporation and Sumitomo Mitsui Banking Corporation, targeting investments in intelligent technology, robotics, hydrogen, electrification, and new materials, with activities starting in August 2018 after an initial ¥14.3 billion commitment. |
| Jun 2017 | Seed | SPARX Group (lead) | $5M | - |
Who has invested in Mobility Technologies?
6 investors have backed Mobility Technologies across its funding rounds, including SPARX Group, NTT DoCoMo, Toyota, Tokyo Century, Dentsu Group and Kakao Mobility.
Lead investors include Kakao Mobility, NTT DoCoMo, Toyota and SPARX Group.
Mobility Technologies Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jun 2017 | ||
| 2 | Lead | Aug 2018 | ||
| 1 | Participant | Jul 2020 | ||
| 1 | Lead | Sep 2018 | ||
This data is available for Pro users. Sign up to see all 6 Mobility Technologies investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments by Mobility Technologies
Mobility Technologies has invested in 1 company to date.
Latest investment by Mobility Technologies was on October 8th 2020. Mobility Technologies invested in DennoKotsu in their $5M Seed round.
Latest Investments by Mobility Technologies
| Description | DennoKotsu develops and operates taxi dispatch systems in Japan, delivering smartphone-based hailing applications and contract dispatch services to taxi operators nationwide. The Cyber Transporters platform connects passengers with vehicles in real time across urban areas like Tokyo and Osaka, integrating GPS tracking and payment processing for efficient fleet management. | DennoKotsu develops and operates taxi dispatch systems in Japan, delivering smartphone-based hailing applications and contract dispatch services to taxi operators nationwide. The Cyber Transporters platform connects passengers with vehicles in real time across urban areas like Tokyo and Osaka, integrating GPS tracking and payment processing for efficient fleet management. | DennoKotsu develops and operates taxi dispatch systems in Japan, delivering smartphone-based hailing applications and contract dispatch services to taxi operators nationwide. The Cyber Transporters platform connects passengers with vehicles in real time across urban areas like Tokyo and Osaka, integrating GPS tracking and payment processing for efficient fleet management. |
| HQ Country | |||
| HQ City | Tokushima | Tokushima | Tokushima |
| Deal Date | 8 Oct 2020 | 30 Apr 2020 | 29 Jun 2018 |
| Round | Seed | Pre-seed | Series A |
| Raised | $5M | $200K | $1M |
| Investors | JR West Innovations; DAIICHI KOUTSU SANGYO; Iyogin Capital; MK; Mitsubishi; JR East Start Up; NTT DOCOMO Ventures; Awa Bank | JR West Innovations; BroadBand Tower; NTT DOCOMO Ventures | JapanTaxi; BroadBand Tower; NTT DOCOMO Ventures |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Mobility Technologies investments and their VC round multiples. Start Free Trial | |||
Mobility Technologies Competitors
Mobility Technologies competitors include listed companies like Ryde Group and SUPA Consolidated, and private ones like GO, Gatik, Glydways and Platform Science.
| Company | HQ | Status | Revenue | EBITDA | Valuation |
|---|---|---|---|---|---|
| Private | - | - | $985M | ||
| Private | - | - | $700M | ||
| Private | - | - | $700M | ||
| Private | - | - | $575M | ||
| Publicly listed | $10M | ($13M) | $115M | ||
| Publicly listed | - | ($233K) | $11M |
Mobility Technologies Public Comps
Mobility Technologies is still privately-owned, but its public comps include Roper Technologies, Dassault Systemes, Manhattan Associates, Zhuzhou CRRC Times, WiseTech Global, Full Truck Alliance, ServiceTitan, Descartes Systems Group, WEX and EquipmentShare.com.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.9B | $3.2B | 7.0x | 6.6x | 17.6x | 16.7x | |||
| $7B | $2.1B | 5.2x | 5.0x | 16.9x | 14.0x | |||
| $1.1B | $288M | 13.2x | 12.3x | 49.6x | 34.2x | |||
| $4.3B | $716M | 2.4x | 2.3x | 14.7x | 11.0x | |||
| $1.4B | $262M | 8.3x | 8.1x | 44.2x | 17.1x | |||
| $1.9B | $682M | 2.9x | 2.9x | 8.0x | 7.1x | |||
| $961M | ($86M) | 8.0x | 7.0x | (89.5x) | 39.5x | |||
| $729M | $305M | 10.1x | 9.1x | 24.1x | 19.9x | |||
This data is available for Pro users. Sign up to see all Mobility Technologies competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Mobility Technologies
| When was Mobility Technologies founded? | Mobility Technologies was founded in 1977. |
| Where is Mobility Technologies headquartered? | Mobility Technologies is headquartered in Tokyo, Japan. |
| Is Mobility Technologies publicly listed? | No, Mobility Technologies is a private, VC-backed company. |
| How much funding has Mobility Technologies raised? | Mobility Technologies has raised $329M across 5 funding rounds. |
| What was Mobility Technologies' last funding round? | Mobility Technologies' last funding round was a $212M strategic investment round in July 2020. |
| Who are Mobility Technologies' investors? | Mobility Technologies' investors include SPARX Group, NTT DoCoMo, Dentsu Group, Kakao Mobility, Toyota and Tokyo Century. |
| What is Mobility Technologies' revenue? | Mobility Technologies' latest recorded revenue is $14M (August 2018). |
| Which companies are comparable to Mobility Technologies? | Companies comparable to Mobility Technologies include GO, Gatik, Glydways, Platform Science, Ryde Group and SUPA Consolidated. |
| How many companies has Mobility Technologies invested in? | Mobility Technologies has invested in 1 company, including DennoKotsu. |
| What was Mobility Technologies' last investment? | In October 2020, Mobility Technologies invested in DennoKotsu's $5M seed round alongside JR West Innovations, DAIICHI KOUTSU SANGYO, Iyogin Capital and 5 other investors. |
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