One Moto Valuation, Funding & Investors
One Moto is valued at $9M as of June 2020.
Last One Moto valuation
$9M
Pre-seed · Jun 2020
Last One Moto funding round
$152M
Undisclosed stage · Jan 2023
Cumulative funding One Moto raised
$154M
across 5 funding rounds
Key investors in One Moto
![](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>)
Adam Ridgway
About One Moto
One Moto is a London-headquartered electric vehicle company designing scooters for urban delivery fleets and commuters across Southeast Asia and Europe. Its models feature swappable batteries, IoT connectivity for fleet tracking, and payloads up to 150kg for last-mile logistics. Expanded to 12 countries including Indonesia and the Philippines, the firm established its global headquarters in Dubai's DIFC in December 2019 to decarbonize city transport.
Founded
2016
HQ
LondonWebsite
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Product sales
Valuation
$9M (Jun 2020)
One Moto Valuation
One Moto is currently valued at $9M, based on its pre-seed round in June 2020.
One Moto valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2020 | Pre-seed | $9M |
One Moto Funding History
One Moto has raised a total of $154M across 5 funding rounds.
One Moto's first fundraising round was a $900K seed round in July 2016. The most recent completed round was a $152M undisclosed-stage round in January 2023.
One Moto funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2023 | Undisclosed stage | - | $152M | - | One Moto, a UAE-based electric mobility and last-mile delivery startup, raised $150 million (£123 million) in January 2023 from an undisclosed leading financier in London. The company, founded in 2016 by Adam Ridgway and headquartered in Dubai's DIFC, operates as an EV manufacturer and fintech platform providing sustainable mobility solutions. The funding was structured as lease financing rather than equity investment, designed to finance vehicles and support fleet operators expanding electric delivery fleets at rates from £3 per day. One Moto planned to deploy up to 30,000 electric vehicles across the UK in the first half of 2023, with ambitions to electrify all last-mile vehicles in the UK by 2026, targeting a reduction of 168,000 tonnes of CO2 annually and a 50% drop in harmful pollutants from petrol vehicles. The company had presence across five continents including the UAE, UK, China, Sri Lanka, Ethiopia, and Nepal, and was expanding into additional territories. One Moto was also in partnership discussions with Avis and pursuing plans to build the UAE's first EV manufacturing facility, positioning itself as a comprehensive HardTech meets FinTech ecosystem for last-mile delivery and gig economy transformation. |
| Feb 2021 | Pre-seed | - | $500K | - | - |
| Jun 2020 | Pre-seed | - | $500K | $9M | - |
| Dec 2019 | Seed | - | $100K | - | - |
| Jul 2016 | Seed | Adam Ridgway (lead) | $900K | - | - |
Who has invested in One Moto?
1 investor has backed One Moto across its funding rounds, including Adam Ridgway.
Lead investors include Adam Ridgway.
One Moto Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 One Moto 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 TrialOne Moto Competitors
One Moto competitors include listed companies like Lobo Technologies and Fly-E Group, and private ones like Velca, GLEAM, QIQ Global and BGauss.
| Company | HQ | Status | Revenue | EBITDA | Valuation |
|---|---|---|---|---|---|
 Madrid | Private | - | - | $8M | |
 Vienna | Private | - | - | $8M | |
 China | Publicly listed | $23M | ($3M) | $7M | |
 Singapore | Private | - | - | $10M | |
 Mumbai | Private | - | - | $11M | |
 United States | Publicly listed | $19M | ($4M) | $3M |
One Moto Public Comps
One Moto is still privately-owned, but its public comps include Hypercharge Networks, U Power, ChargePanel, Lobo Technologies, Delta Autocorp, Nexity Global, Stardust Power, Triggo, XCHG and Fly-E Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $8M | ($2M) | 0.7x | - | (3.3x) | - | |||
| $6M | ($11M) | 1.8x | 2.2x | (1.0x) | (1.3x) | |||
| $1M | ($1M) | 8.8x | - | (8.9x) | - | |||
| $23M | ($3M) | 0.5x | - | (4.2x) | - | |||
| $8M | $756K | 0.2x | - | 2.4x | - | |||
| $1K | ($54K) | 9235.5x | - | (93.9x) | - | |||
| - | ($15M) | - | - | (0.4x) | (0.6x) | |||
| $0K | ($55K) | 95267.4x | - | (46.1x) | - | |||
This data is available for Pro users. Sign up to see all One Moto competitors and their valuation data. Start Free Trial | ||||||||
Common questions about One Moto
| When was One Moto founded? | One Moto was founded in 2016. |
| Where is One Moto headquartered? | One Moto is headquartered in London, United Kingdom. |
| Is One Moto publicly listed? | No, One Moto is a private, VC-backed company. |
| What is One Moto's valuation? | One Moto was last valued at $9M in its pre-seed round in June 2020. |
| How much funding has One Moto raised? | One Moto has raised $154M across 5 funding rounds. |
| What was One Moto's last funding round? | One Moto's last funding round was a $152M undisclosed-stage round in January 2023. |
| Who are One Moto's investors? | One Moto's investors include Adam Ridgway. |
| Which companies are comparable to One Moto? | Companies comparable to One Moto include Velca, GLEAM, Lobo Technologies, QIQ Global, BGauss and Fly-E Group. |
See companies similar to One Moto
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.