Startups
Moovby is the peer-to-peer car-sharing marketplace that allows travellers to rent a car from local car owners.
With the average car sitting idle 95% of the time, Moovby is working to become the Airbnb of cars, allowing customers to use the cars of others for hourly, single-day or multi-day rental that require more than e-hailing across town, while also allowing car owners to generate passive income through the increased utilisation of their cars.
This is a business with substantial momentum that is disrupting the $60B rental car market and benefitting from a network effect. Moovby community is growing across Malaysia and Indonesia. With more than 10,000 cars, 400+ car models and available in 20+ cities and at 10+ airports. Moovby is 30% less expensive than traditional car rental.
Find out more about Moovby at www.moovby.com, App Store, and Google Play.
With the average car sitting idle 95% of the time, Moovby is working to become the Airbnb of cars, allowing customers to use the cars of others for hourly, single-day or multi-day rental that require more than e-hailing across town, while also allowing car owners to generate passive income through the increased utilisation of their cars.
This is a business with substantial momentum that is disrupting the $60B rental car market and benefitting from a network effect. Moovby community is growing across Malaysia and Indonesia. With more than 10,000 cars, 400+ car models and available in 20+ cities and at 10+ airports. Moovby is 30% less expensive than traditional car rental.
Find out more about Moovby at www.moovby.com, App Store, and Google Play.
Overview
Location
Indonesia, Jakarta Special Capital Region
Employees
11-50
Phone
+60 11-1005 5901
Total raised
$660K
Founded date
2017
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 3
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| Jul 24, 2020 | Meet the 64 Malaysia startups advancing in Gobi’s startup championship | Gobi Partners announced on Friday its top 64 picks for Stage I of the SuperSeed II Championship. The competition saw over 200 applicants registering for a chance to win prizes including RM 15 million (USD 3.5 million) in funding and the opp... |
| Feb 8, 2020 | Malaysian car-sharing startup Moovby raises USD 500k for regional expansion | Malaysia’s peer-to-peer car-sharing platform Moovby announced that it has secured around USD 500,000 from angel investors and strategic partners, bringing its total funding to USD 660,000. The startup plans to use the new funds to expand in... |
Reviews 0
FAQ about Moovby
When was Moovby founded?
Moovby was founded in 2017.
How much funding has Moovby raised?
Moovby has raised $660K in total across 1 funding round.
What has the press written about Moovby?
Parsers VC has collected 3 articles mentioning Moovby, among them “Meet the 64 Malaysia startups advancing in Gobi’s startup championship” (Jul 24, 2020) and “Malaysian car-sharing startup Moovby raises USD 500k for regional expansion” (Feb 8, 2020).
Is Moovby still active?
Yes, Moovby is active; its latest activity on Parsers VC dates from May 13, 2022.