Newmo Funding, Investors & Competitors

Newmo has raised $126M across 5 funding rounds, most recently a $8M Series A in July 2025.

See full Newmo profile

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

Newmo Overview

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

JapanTokyo

Website

newmo.me

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

Newmo funding rounds
DateStageInvestorsRaised
Jul 2025Series AResona 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 2024Series AANRI; 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 2024Series A-$64M
May 2024SeedGlobal Brain Corporation (lead); Spiral Capital (lead)$2M
Feb 2024SeedANRI; 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

Investors in Newmo by funding rounds participated
InvestorHQRoundsRoleFirst check
ANRIJapanTokyo2ParticipantFeb 2024
Global Brain CorporationJapanTokyo2LeadMay 2024
B Dash VenturesJapanTokyo2ParticipantFeb 2024
Eight Roads Ventures JapanJapanTokyo2ParticipantFeb 2024
Coral CapitalJapanTokyo2ParticipantFeb 2024
HeadlineUnited StatesSan Francisco, CA2ParticipantFeb 2024
DCM VenturesUnited StatesSan Francisco, CA2ParticipantFeb 2024
Globis Capital PartnersJapanTokyo2ParticipantFeb 2024
Resona CapitalJapanTokyo1ParticipantJul 2025
DIMENSIONJapanTokyo1ParticipantOct 2024
Jafco GroupJapanJapan1ParticipantFeb 2024
Iwagin Future InvestmentJapanChidori-cho1ParticipantJul 2025
Kyushin Social CapitalJapanKyoto1ParticipantJul 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 Trial

Newmo Competitors

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

Public and private companies comparable to Newmo
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GOJapanTokyoPrivate--$985M-
Ryde GroupSingaporeSingaporePublicly listed$10M($13M)$126M-
SUPA ConsolidatedUnited StatesUnited StatesPublicly listed-($233K)$16M-
Peregrine.aiGermanyBerlinPrivate$30M-$2.5B83.3x
GatikUnited StatesSan Francisco, CAPrivate--$700M-
GlydwaysUnited StatesSan Francisco, CAPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Uber$52B$6.2B3.0x2.8x24.9x14.6x
Roper Technologies$7.9B$3.2B6.1x5.7x15.2x14.6x
Dassault Systemes$7.2B$2.2B4.0x4.0x13.2x11.2x
DiDi$34B$68M0.4x0.3x177.8x24.4x
Aurora Innovation$3M($786M)3957.3x1040.1x(15.1x)(15.5x)
Manhattan Associates$1.1B$288M11.2x10.6x42.2x29.7x
Grab$3.4B$350M2.3x1.9x21.9x11.5x
Full Truck Alliance$1.9B$676M2.8x2.8x7.6x6.9x

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.

See companies similar to Newmo

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial