Movile Valuation, Funding & Investors
Movile is valued at $1B as of August 2021.
About Movile
Movile is a Campinas-headquartered investment company that backs mobile commerce platforms across Latin America. It holds major stakes in iFood, Brazil's leading food delivery service processing millions of orders daily, and operates in ticketing through Sympla and children's content via PlayKids. Naspers has been a key shareholder since 2008, supporting expansions into the United States and France. Innova Capital joined as a partner in 2014. Founded in 1999, Movile focuses on online-to-offline applications in education, logistics, and entertainment sectors.
Founded
1998
HQ
São PauloWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Investment management
Valuation
$1B (Aug 2021)
Movile Valuation
Movile is currently valued at $1B, based on its undisclosed-stage round in August 2021. Read the announcement ↗
The $193M round was led by Prosus Ventures.
Movile's valuation has moved from $1B at its Series I in July 2018 to $1B in August 2021, across 2 priced rounds.
Movile valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2021 | Undisclosed stage | $1B |
| Jul 2018 | Series I | $1B |
Movile Funding History
Movile has raised a total of $567M across 7 funding rounds.
Movile's first fundraising round was a $35M Series D in August 2014. The most recent completed round was a $193M undisclosed-stage round in August 2021.
Movile funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2021 | Undisclosed stage | Prosus Ventures (lead) | $193M | $1B | Movile, a Brazilian tech company focused on logistics, fintechs, and games, and owner of iFood, received its largest investment of approximately $190-200 million from long-time investor Prosus (part of Naspers) in a Corporate Minority round on August 2, 2021. This funding, the biggest in company history, aimed to expand operations in Latin America, including investments in fintechs like MovilePay and Zoop, and logistics such as Colombian firm Mensajeros Urbanos. Prosus has backed Movile since 2008, with prior rounds including BRL 480 million alongside Innova Capital in 2018. Over the prior three years leading to 2021, Movile reported average annual revenue growth of 80% and employed over 5,000 people globally. Prosus financials reference Movile's performance excluding Food Delivery, noting 55% organic revenue growth in FY22 driven by fintech (Zoop, MovilePay) and gaming (Afterverse), but with a 39% nominal decline due to Wavy disposal; FY21 figures show revenue of $203 million and trading loss of $(69) million on an economic-interest basis. Movile's broader portfolio includes over 30 deals in recent years, with focus shifting post-round to high-growth areas. |
| Jul 2018 | Series I | Prosus (lead); Innova Capital; Naspers | $124M | $1B | - |
| Dec 2017 | Series H | Innova Capital (lead); Prosus (lead) | $82M | - | Naspers and Innova Capital invested US$82 million in Movile in a financing completed in November 2017 and reported publicly in early December. The transaction supported Movile’s expansion of its interest in iFood, the Latin American food delivery business, rather than representing the earlier US$40 million round completed during 2016. Contemporary coverage identifies both investment firms and describes food delivery as a principal use of the new funding. Movile also operated businesses in logistics, ticketing, online games and education, providing a broader mobile services platform around its investment in iFood. The financing was distinct from the US$53 million investment reported earlier in 2017, which is separately listed in the investor’s subsequent prospectus. Prosus’s listing documentation explicitly places the US$82 million investment in November, while the contemporary LAVCA report was published on 7 December. The reviewed sources do not disclose the exact closing day, the percentage of new shares acquired or a post-money valuation. |
| Jun 2017 | Series G | Prosus (lead); Innova Capital | $53M | - | Movile is a Brazil-based mobile commerce platform operating apps in food delivery, ticketing, education, and online-to-offline services like Rapido, claiming around 100 million monthly active users. In late June 2017, it secured $53 million across two funding tranches from Naspers (now Prosus) and Innova Capital, with $23 million invested in prior months and $30 million more recently led by Naspers. The funds aimed to support growth of its core business and Rapido across Latin America. Naspers, a long-term partner since 2008, had previously led a $40 million Series F in June 2016 with Innova and participated in earlier rounds including $55 million Series D in 2014. Earlier in June 2016, Movile raised $40 million in Series F from Naspers Ventures (led) and Innova Capital, supporting product and geographic expansion with over 70 million monthly users at the time. The investment built on Movile's decade of tech development, positioning it as a mobile leader in Latin America for ecommerce, services, and content. Innova Capital highlighted Movile's synergies, profitable operations, and sustainable growth potential. Movile had invested over $100 million in the prior three years into delivery, logistics, and streaming apps, including entering ticketing. Later investments included a $124 million infusion with Innova in 2018 or 2019 for iFood expansion and a $400 million commitment over years. Movile's total funding reached $371.35 million across 10 rounds by 2021, with Prosus in a $194.2 million corporate minority round that year. |
| Jun 2016 | Series F | Prosus (lead); Innova Capital | $40M | - | Movile, Latin America's leading mobile commerce platform, raised US$40 million in its Series F funding round on June 28, 2016, led by Naspers (now Prosus) through its Naspers Ventures division, with participation from Innova Capital. Naspers has been a strategic partner and majority shareholder since 2008. The funding was intended to support product and geographic expansion, accelerate growth of its suite of apps and services in Latin America, and enter the ticketing industry via a $3 million investment in Sympla. At the time, more than 70 million people used Movile’s mobile products and services monthly. Over the prior three years, Movile had invested over $100 million to build mobile commerce apps in delivery, logistics, and streaming media. The company was praised for its solid business underpinnings, synergies across brands, and focus on profitable operations. This followed a Series E round of $40 million also from Naspers and Innova Capital in mid-2015, and preceded a Series G round of $53 million from the same investors in 2017. Movile's portfolio included expansions like iFood acquisitions, PlayKids international rollout, and investments in logistics and ticketing platforms. |
| Apr 2015 | Series E | Prosus (lead) | $40M | - | Movile, a Brazilian tech investment group focused on mobile platforms, raised $40 million in Series E funding in mid-2015 from Naspers (now Prosus) and Innova Capital. This followed prior rounds including a $55 million Series D in 2014 from Innova Capital, Jorge Paulo Lemann, and FINEP. The funds supported expansions such as investments in iFood ($50 million alongside Just Eat) and PlayKids ($15 million for China and Japan). Movile used proceeds for acquisitions like Rapiddo, ChefTime, FreshTime, and stakes in LBS Local (Apontador, MapLink, Cinepapaya) and TruckPad. Prosus (Naspers) has been Movile's largest investor since 2008, with subsequent rounds including $40 million Series F and $53 million Series G in 2016-2017 from Naspers and Innova Capital. |
| Aug 2014 | Series D | Innova Capital (lead); Prosus | $35M | - | Movile, a Brazilian mobile commerce platform pioneering online-to-offline (O2O) services, raised $55 million in its Series D funding round announced around August 7, 2014. Innova Capital led with $35 million, joined by existing investor Naspers, and the company secured an additional $20 million in long-term financing from FINEP, Brazil's Funding Authority for Studies and Projects. The funds were intended to accelerate innovation, growth, and acquisitions to build Latin America's definitive platform for mobile O2O commerce, including investments in apps like iFood and acquisitions such as Rapiddo, ChefTime, FreshTime, and stakes in LBS Local (owners of Apontador, MapLink, Cinepapaya, TruckPad). CEO Fabricio Bloisi highlighted Movile's decade-long leadership in Latin American mobile technology amid explosive mobile growth in Brazil. Innova Capital, a growth equity fund focused on innovative tech companies, appointed a board member to Movile, bringing expertise from successful regional investments like Patagon and Mercado Libre. Movile had evolved from a digital content studio into a mobile services empire, emphasizing aggressive M&A and rapid experimentation with business units tailored to Latin American consumers. The round supported expansion in delivery, logistics, streaming, and emerging sectors like ticketing. Later developments included a 2016 Series F raise of $40 million from Naspers and Innova Capital, and significant growth in subsidiaries like iFood, which attracted a $400 million investment in 2018. |
Who has invested in Movile?
4 investors have backed Movile across its funding rounds, including Prosus, Innova Capital, Prosus Ventures and Naspers.
Lead investors include Prosus Ventures, Prosus and Innova Capital.
Movile Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Amsterdam | 6 | Lead | Aug 2014 | |
| Sao Paulo | 5 | Lead | Aug 2014 | |
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Start Free TrialAcquisitions by Movile
Movile has acquired 1 company to date.
Last acquisition by Movile was on April 1st 2016. Movile acquired Leiturinha for undisclosed valuation.
Latest Acquisitions by Movile
| Description | Leiturinha is a Poços de Caldas-headquartered subscription book club in Brazil, delivering curated children's books since 2014. The service sends monthly boxes with age-appropriate literature, audiobooks, and educational toys to families nationwide. |
| HQ Country | |
| HQ City | Poços de Caldas |
| Deal Date | 1 Apr 2016 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Movile acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Movile
Movile has invested in 11 companies to date.
Latest investment by Movile was on June 14th 2022. Movile invested in Moova in their $10M Series A round.
Latest Investments by Movile
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} a55 | |||||
| Description | Moova is a last-mile delivery platform matching e-commerce retailers with bicycle, motorcycle, and van couriers across Latin America. Santiago-headquartered, it optimizes routes in cities like Mexico City and Bogota using real-time tracking and warehouse partnerships. Launched in 2019, Moova serves Mercado Libre merchants and local brands, providing analytics for delivery efficiency in emerging markets. | a55 is a São Paulo-headquartered fintech company founded in 2017 that powers revenue-based financing for small and medium-sized enterprises across Brazil. Its underwriting platform aggregates data from bank accounts, escrow providers, billing systems, payment gateways, and credit bureaus to assess creditworthiness through transactional analysis. Borrowers access personalized dashboards tracking credit status, revenue trends, expense metrics, and automated cash flow covenants. Lenders receive continuous real-time feeds of financial data for ongoing portfolio oversight. The technology supports dynamic credit lines tied to recurring revenue streams, enabling faster approvals and reduced risk for partnering banks and non-bank financiers. | Instaleap develops fulfillment and delivery software for retailers entering e-commerce. Miami-headquartered, it powers dark stores and micro-fulfillment centers for clients including Walmart, Falabella, and HEB in Latin America and the US. The platform optimizes picking, packing, routing, and last-mile delivery to achieve same-day service levels across grocery and general merchandise categories. | Zoop is the commercial brand of iFood Pago Instituição de Pagamento S.A., a Brazilian financial technology company headquartered in Osasco. The company provides payment infrastructure that other businesses integrate into their own branded services, including card acceptance, Pix transfers, boleto payments, settlement and transaction reconciliation. Its platform serves online and physical sales channels, allowing marketplaces and other clients to configure payment services without developing the underlying infrastructure themselves. Incorporated in August 2013, the company received Brazilian Central Bank authorisation as an electronic money issuer in October 2023. Its legal name changed from Zoop to iFood Pago in December 2025, while its corporate registration, ownership structure and Zoop commercial brand remained unchanged. The business is part of the iFood ecosystem and continues to operate its dedicated Zoop website. | |
| HQ Country |  | |  | | |
| HQ City | Buenos Aires | - | Bogotá | Osasco | |
| Deal Date | 14 Jun 2022 | 14 Jan 2022 | 1 Oct 2021 | 30 Jun 2021 | |
| Round | Series A | Series B | Pre-seed | Series B | |
| Raised | $10M | $17M | $800K | undisclosed | |
| Investors | Alaya Capital; Cosmen Family Office; Reflect Ventures; MatterScale Ventures; Murchinson; FJ Labs; Catalizadores; iThink VC; Kalei Ventures; Parser; Insud Pharma | Mouro Capital | Axon Partners; Grupo Pegasus; Alpha4 Ventures | - | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Movile Competitors
Movile competitors include listed companies like Grupa Pracuj and Upwork, and private ones like Apna, Daki, Dunzo and InterviewBit.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Poland | Publicly listed | $214M | $95M | $1B | 4.4x | |
 United States | Publicly listed | $788M | $180M | $1.1B | 1.1x | |
 Bangalore | Private | $14M | - | $1.1B | 78.6x | |
| São Paulo | Private | $4M | - | $800M | 200.0x | |
| Bangalore | Private | $24M | - | $775M | 32.3x | |
| Bangalore | Private | - | - | $710M | - |
Movile Public Comps
Movile is still privately-owned, but its public comps include SMZDM.com, QuinStreet, Grupa Pracuj, Ibotta, LegalZoom, Nextdoor, Grupo CIE, Tripadvisor, Upwork and Web Travel Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $192M | $19M | 4.9x | 4.7x | 47.8x | 42.1x | |||
| $1.3B | $61M | 0.7x | 0.7x | 15.8x | 7.9x | |||
| $214M | $95M | 4.6x | 4.4x | 10.3x | 9.7x | |||
| $342M | $7M | 2.5x | 2.4x | 114.9x | 15.3x | |||
| $756M | $74M | 1.2x | 1.1x | 12.1x | 4.8x | |||
| $258M | ($69M) | 2.4x | 2.2x | (8.8x) | 27.8x | |||
| $317M | $99M | 2.5x | - | 7.9x | - | |||
| $1.9B | $160M | 0.6x | 0.6x | 6.8x | 4.2x | |||
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Common questions about Movile
| When was Movile founded? | Movile was founded in 1998. |
| Where is Movile headquartered? | Movile is headquartered in São Paulo, Brazil. |
| Is Movile publicly listed? | No, Movile is a private, VC-backed company. |
| What is Movile's valuation? | Movile was last valued at $1B in its undisclosed-stage round in August 2021. |
| How much funding has Movile raised? | Movile has raised $567M across 7 funding rounds. |
| What was Movile's last funding round? | Movile's last funding round was a $193M undisclosed-stage round in August 2021, led by Prosus Ventures. |
| Who are Movile's investors? | Movile's investors include Prosus, Innova Capital, Naspers and Prosus Ventures. |
| Which companies are comparable to Movile? | Companies comparable to Movile include Grupa Pracuj, Upwork, Apna, Daki, Dunzo and InterviewBit. |
| How many companies has Movile acquired? | Movile has acquired 1 company, including Leiturinha. |
| How many companies has Movile invested in? | Movile has invested in 11 companies, including Moova, a55, Instaleap, Zoop, Mensajeros Urbanos, iFood, Mercadoni and Sympla. |
| What was Movile's last investment? | In June 2022, Movile invested in Moova's $10M Series A alongside Alaya Capital, Cosmen Family Office, Reflect Ventures and 8 other investors. |
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