Mobility Technologies Funding, Investors & Competitors

Mobility Technologies has raised $343M across 5 funding rounds, most recently a $212M strategic investment round in July 2020.

Last Mobility Technologies funding round

$212M

Strategic investment · Jul 2020

Cumulative funding Mobility Technologies raised

$343M

across 5 funding rounds

Key investors in Mobility Technologies

Mobility Technologies Overview

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

JapanTokyo

Website

mo-t.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Mobility Technologies Funding History

Mobility Technologies has raised a total of $343M 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

Mobility Technologies funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2020Strategic investmentNTT DoCoMo; Dentsu Group; Tokyo Century$212M-
Sep 2018Strategic investmentKakao Mobility (lead)$13M-
Aug 2018Strategic investmentNTT DoCoMo (lead); Kakao Mobility$34M-
Feb 2018Undisclosed stageToyota (lead); SPARX Group$79MMay 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 2017SeedSPARX Group (lead)$5M-

Who has invested in Mobility Technologies?

6 investors have backed Mobility Technologies across its funding rounds, including SPARX Group, NTT DoCoMo, Kakao Mobility, Toyota, Tokyo Century and Dentsu Group.

Lead investors include Kakao Mobility, NTT DoCoMo, Toyota and SPARX Group.


Mobility Technologies Investors

Investors in Mobility Technologies by funding rounds participated
InvestorHQRoundsRoleFirst check
SPARX GroupJapanTokyo2LeadJun 2017
NTT DoCoMoJapanTokyo2LeadAug 2018
Kakao MobilitySouth KoreaSeongnam2LeadAug 2018
Dentsu GroupJapanTokyo1ParticipantJul 2020

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Investments 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

DennoKotsu
DennoKotsu
DennoKotsu
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 CountryJapanJapanJapan
HQ City
Tokushima
Tokushima
Tokushima
Deal Date8 Oct 202030 Apr 202029 Jun 2018
RoundSeedPre-seedSeries A
Raised$5M$200K$1M
InvestorsJR West Innovations; DAIICHI KOUTSU SANGYO; Iyogin Capital; MK; Mitsubishi; JR East Start Up; NTT DOCOMO Ventures; Awa BankJR West Innovations; BroadBand Tower; NTT DOCOMO VenturesJapanTaxi; BroadBand Tower; NTT DOCOMO Ventures
Valuationundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Mobility Technologies Competitors

Mobility Technologies competitors include listed companies like Ryde Group and SUPA Consolidated, and private ones like Peregrine.ai, GO, Gatik and Glydways.

Public and private companies comparable to Mobility Technologies
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Peregrine.aiGermanyBerlinPrivate$30M-$2.5B83.3x
GOJapanTokyoPrivate--$985M-
GatikUnited StatesSan Francisco, CAPrivate--$700M-
GlydwaysUnited StatesSan Francisco, CAPrivate--$700M-
Ryde GroupSingaporeSingaporePublicly listed$10M($13M)$126M-
SUPA ConsolidatedUnited StatesUnited StatesPublicly listed-($233K)$16M-

Mobility Technologies Public Comps

Mobility Technologies is still privately-owned, but its public comps include Roper Technologies, Dassault Systemes, Manhattan Associates, Full Truck Alliance, WiseTech Global, Zhuzhou CRRC Times, Descartes Systems Group, WEX, ServiceTitan and EquipmentShare.com.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Roper Technologies$7.9B$3.2B6.1x5.7x15.2x14.6x
Dassault Systemes$7.2B$2.2B4.0x4.0x13.2x11.2x
Manhattan Associates$1.1B$288M11.2x10.6x42.2x29.7x
Full Truck Alliance$1.9B$676M2.8x2.8x7.6x6.9x
WiseTech Global$779M$315M12.3x6.8x30.5x14.4x
Zhuzhou CRRC Times$4.3B$710M1.9x1.8x11.2x8.5x
Descartes Systems Group$729M$305M8.8x8.1x21.1x17.7x
WEX$2.7B$992M2.2x2.1x6.0x4.8x

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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 $343M 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, Kakao Mobility, Dentsu Group, Toyota and Tokyo Century.
Which companies are comparable to Mobility Technologies?Companies comparable to Mobility Technologies include Peregrine.ai, GO, Gatik, Glydways, 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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