Moovex

Transportation Management and Optimization Platform

Automotive & Mobility Technologies
Acquired by iCabbi on Jan, 2024
Acquired Nahariya Founded 2007
Total raised
$1.3M
Last: Seed 2015-12
Stage
Acquired
Founded
2007
Headcount
23
HQ
Nahariya
Sector
Automotive & Mobility Technologies

About

Moovex is a smart mobility platform that manages and optimizes complex transportation operations for organizations, municipalities, and transportation providers, turning complex transportation demands into optimized shared rides. The Moovex platform connects all of the relevant stakeholders in the transportation process using a web management panel with driver and passenger applications, enabling full transparency and control before, during, and after a ride. Moovex takes into account more than 100 different parameters, optimizing routes and pick-up locations, minimizing walking distance to stations, choosing the optimal suppliers, assigning drivers, pricing rides, and more, resulting in a 30% average savings in transportation costs. The company has completed over 2.7 million rides for more than 200 clients including corporations, municipalities, airport shuttles, and ride hailing companies. Moovex has operations in Israel, Russia, and the United States.

Funding history · 1 round · $1.3M total

2015-12
Seed $1.3M

Sectors & technology

Primary sector
Automotive & Mobility Technologies
Sub-sectors
Automotive & Mobility TechnologiesUrban MobilityClimate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & Logistics
Technologies
Platforms & InterfacesSoftware
Target customers
Transportation & LogisticsGovernment & CityMunicipalities
Business model
B2GB2B

Tags

climate-techtransportationsmart-cityridesharingenterprise-solutionssaassharing-economysmart-mobilityenterprisesmunicipalitiesoperations-optimizationlogisticsmobile-applicationspublic-transportationfleet-managementshared-mobilitymobility-optimization