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- Newmo
Newmo Funding, Investors & Competitors
Newmo has raised $126M across 5 funding rounds, most recently a $8M Series A in July 2025.
Last Newmo funding round
$8M
Series A · Jul 2025
Cumulative funding Newmo raised
$126M
across 5 funding rounds
Key investors in Newmo
Headline
Global Brain Corporation
DCM Ventures
ANRI
Globis Capital Partners
Coral Capital
B Dash Ventures
Eight Roads Ventures Japan
About Newmo
Newmo is a Japanese mobility platform that facilitates ride-sharing services tailored for rural and local communities. It operates primarily in regions like Hokkaido, offering on-demand rides through a mobile app integrated with GPS for efficient matching of drivers and passengers. The service prioritizes sustainability by optimizing routes to minimize carbon emissions and supports community transport in areas underserved by traditional public systems. Newmo's platform includes features such as real-time tracking, cashless payments, and driver verification to ensure safe and comfortable user experiences.
Founded
2024
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission, Subscription
Newmo Funding History
Newmo has raised a total of $126M across 5 funding rounds.
Newmo's first fundraising round was a $10M seed round in February 2024. The most recent completed round was a $8M Series A in July 2025.
Newmo funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Jul 2025 | Series A | Resona Capital; Iwagin Future Investment; Kyushin Social Capital; Nissay Capital; Dual Bridge Capital; Fidea Capital; Ryukyu Capital; Hiroshima Venture Capital; Kiyo Capital Management; Future Venture Capital; Gogin Capital | $8M |
| Oct 2024 | Series A | ANRI; Global Brain Corporation; DIMENSION; B Dash Ventures; Eight Roads Ventures Japan; Coral Capital; Bonds Investment Group; GMO VenturePartners; Axiom Asia Private Capital; Headline; DCM Ventures; Globis Capital Partners | $42M |
| Jul 2024 | Series A | - | $64M |
| May 2024 | Seed | Global Brain Corporation (lead); Spiral Capital (lead) | $2M |
| Feb 2024 | Seed | ANRI; B Dash Ventures; Eight Roads Ventures Japan; Jafco Group; Michinori Holdings; Coral Capital; Keio Innovation Initiative; Mercari; Incubate Fund; Headline; DCM Ventures; Globis Capital Partners | $10M |
Who has invested in Newmo?
29 investors have backed Newmo across its funding rounds, including Headline, Global Brain Corporation, DCM Ventures, ANRI, Globis Capital Partners and Coral Capital.
Lead investors include Global Brain Corporation and Spiral Capital.
Newmo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Feb 2024 | ||
| 2 | Lead | May 2024 | ||
| 2 | Participant | Feb 2024 | ||
| 2 | Participant | Feb 2024 | ||
| 2 | Participant | Feb 2024 | ||
| 2 | Participant | Feb 2024 | ||
| 2 | Participant | Feb 2024 | ||
| 2 | Participant | Feb 2024 | ||
| 1 | Participant | Jul 2025 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | Feb 2024 | ||
| 1 | Participant | Jul 2025 | ||
| 1 | Participant | Jul 2025 | ||
This data is available for Pro users. Sign up to see all 29 Newmo investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialNewmo Competitors
Newmo competitors include listed companies like Ryde Group and SUPA Consolidated, and private ones like GO, Peregrine.ai, Gatik and Glydways.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $985M | - | ||
| Publicly listed | $10M | ($13M) | $126M | - | ||
| Publicly listed | - | ($233K) | $16M | - | ||
| Private | $30M | - | $2.5B | 83.3x | ||
| Private | - | - | $700M | - | ||
| Private | - | - | $700M | - |
Newmo Public Comps
Newmo is still privately-owned, but its public comps include Uber, Roper Technologies, Dassault Systemes, DiDi, Aurora Innovation, Manhattan Associates, Grab, Full Truck Alliance, WiseTech Global and Zhuzhou CRRC Times.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $52B | $6.2B | 3.0x | 2.8x | 24.9x | 14.6x | |||
| $7.9B | $3.2B | 6.1x | 5.7x | 15.2x | 14.6x | |||
| $7.2B | $2.2B | 4.0x | 4.0x | 13.2x | 11.2x | |||
| $34B | $68M | 0.4x | 0.3x | 177.8x | 24.4x | |||
| $3M | ($786M) | 3957.3x | 1040.1x | (15.1x) | (15.5x) | |||
| $1.1B | $288M | 11.2x | 10.6x | 42.2x | 29.7x | |||
| $3.4B | $350M | 2.3x | 1.9x | 21.9x | 11.5x | |||
| $1.9B | $676M | 2.8x | 2.8x | 7.6x | 6.9x | |||
This data is available for Pro users. Sign up to see all Newmo competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Newmo
| When was Newmo founded? | Newmo was founded in 2024. |
| Where is Newmo headquartered? | Newmo is headquartered in Tokyo, Japan. |
| Is Newmo publicly listed? | No, Newmo is a private, VC-backed company. |
| How much funding has Newmo raised? | Newmo has raised $126M across 5 funding rounds. |
| What was Newmo's last funding round? | Newmo's last funding round was a $8M Series A in July 2025. |
| Who are Newmo's investors? | Newmo's investors include ANRI, Global Brain Corporation, B Dash Ventures, Eight Roads Ventures Japan, Coral Capital, Headline, DCM Ventures, Globis Capital Partners, Resona Capital, DIMENSION and 19 others. |
| Which companies are comparable to Newmo? | Companies comparable to Newmo include GO, Ryde Group, SUPA Consolidated, Peregrine.ai, Gatik and Glydways. |
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