When was LMP Motors founded?

LMP Motors was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is LMP Motors located?

LMP Motors is headquartered in Fort Lauderdale, United States. It is registered at 1,2,3 Sun Enclave, Opp. Jalaram Temple. Karelibaug, Vadodara, Gujarat, India, 390018.

How many employees does LMP Motors have?

As of May 31, 2026, the latest employee count at LMP Motors is 4.

Is LMP Motors a funded company?

LMP Motors is a funded company, having raised a total of $10.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 05, 2018.

When was the latest funding round of LMP Motors?

LMP Motors' latest funding was a $***** Post IPO round on Feb 25, 2021, with participation from 0 investor. Its primary sector is Road Transport Tech. In United States, the Road Transport Tech sector has seen $16.6B in funding in 2026 to date.

What is the annual revenue of LMP Motors?

Annual revenue of LMP Motors is between $50M and $100M as on Dec 31, 2020

Where does LMP Motors rank among its competitors?

LMP Motors ranks 3rd amongst 24 active competitors, of which 5 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Autonomy, which secured $25M in Nov, 2025.

Who are the top competitors of LMP Motors?

LMP Motors' top competitors include Autonomy, Canoo and GO. Among them, Autonomy secured the most recent funding round in November, 2025.

LMP Motors - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

App-based marketplace platform that provides cars on a subscription basis. Users can browse the inventory, compare payments, mileage allowances & more. Users can also subscribe to a vehicle & swap it for a different one as often as every month or can subscribe-to-own program, that gives them the option of buying the car after the subscription is over. The app is available for iOS & Android users.

Website: lmpmotors.com
Social
Email ID: *****@lmpmotors.com
Phone Number: +1 **********
Registered Address: 1,2,3 Sun Enclave, Opp. Jalaram Temple. Karelibaug, Vadodara, Gujarat, India, 390018

Key Metrics

Founded Year

2016

Location

Fort Lauderdale, United States

Stage

Public

Total Funding

$10.9M in 4 rounds

Latest Funding Round

Post IPO, Feb 25, 2021, $*****

Investors

Riveria Investment Group & 1 more

Ranked

3^rd among 24 active competitors

Annual Revenue

$50M - $100M as on Dec 31, 2020

Employee Count

4 as on May 31, 2026

Investment & Acquisitions

Alan Jay Automotive Network & 4 more

Similar Companies

FINN & 145 more

Exit Details

Public

View LMP Motors' full profile

LMP Motors is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LMP Automotive Holdings Inc. CIN: 1731727 , United States, Active		$1M - $5M (As on Mar 05, 2018)	-	-
LMP MOTORS PRIVATE LIMITED CIN: U34201GJ1998PTC033557 , India, Active	Jan 09, 1998	0 - ₹10 Cr (As on Mar 31, 2022)	-
LMP AUTOMOTIVE HOLDINGS, INC. CIN: 6667080 , United States, Active	Dec 15, 2017	$50M - $100M (As on Dec 31, 2020)	17 (As on Dec 31, 2020)	-

LMP Motors got listed on Dec 06, 2019.

Click here to take a look at LMP Motors's IPO in detail

LMP Motors has raised a total funding of $10.9M over 4 rounds. Its first funding round was on Mar 05, 2018. LMP Motors has 2 institutional investors.

Here is the list of recent funding rounds of LMP Motors:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 25, 2021	5677257	Post IPO	5806433	7189034	8512016	4056094
Jun 15, 2018	1019964	Conventional Debt	1712463	6011093	5567862	7805333
Jun 15, 2018	1967168	Series A	1631313	9973934	3416292	8607774

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LMP Motors' employee count trend

LMP Motors has 4 employees as of May 26. Here is LMP Motors's employee count trend over the years:

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Top competitors of LMP Motors include Autonomy, Canoo and GO. Here is the list of Top 10 competitors of LMP Motors, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Autonomy 1996, Phoenix (United States), Acquired	App-based platform electric car subscription services	$62.8M	markpincus.blog, Reid Hoffman & 18 others	69/100
2nd	Canoo 2017, Torrance (United States), Public	Developer of multiple categories of electric vehicles	-	AFV Partners, Small Business Administration ... & 1 others	57/100
3rd	LMP Motors 2016, Fort Lauderdale (United States), Public	App-based marketplace platform that provides cars on a subscription basis	$10.9M	Tomcat Capital, Riveria Investment Group	51/100
4th	GO 2020, Philadelphia (United States), Series C	Provider of vehicle subscriptions with maintenance, roadside assistance, and warranty	$49.3M	Starting Line, Synterra Capital Management ... & 2 others	44/100
5th	Borrow 2017, West Hollywood (United States), Seed	Online platform for automotive subscription	$100K	URBAN-X, Third Sphere & 4 others	41/100
6th	FreshCar 2016, Detroit (United States), Series A	Online car subscription platform	$120K	Kyyba Innovations, Invest Detroit & 2 others	39/100
7th	Ferry 2021, Austin (United States), Seed	App-based platform offering multi-category electric vehicle subscription services	$4M	Venn Ventures, AMYP Ventures & 2 others	36/100
8th	Zevvy 2021, Hayward (United States), Seed	Online platform offering electric car leasing services	$5.4M	MaC Venture Capital, BoxGroup & 6 others	33/100
9th	CURRUX 2017, Houston (United States), Unfunded	Car subscription services	-	-	32/100
10th	Canvas 2016, San Francisco (United States), Unfunded	Auto news, tips, and buying guides with iOS & Android tutorials	-	-	32/100

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LMP Motors has not made any investments yet. LMP Motors has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 13, 2021	Acquisition	Alan Jay Automotive Network	1992	Sebring (United States)
May 06, 2021	Acquisition	Hometown Subaru	2003	Beckley (United States)
Mar 24, 2021	Acquisition	Bachman-Bernard Chevrolet Buick GMC	1975	Greeneville (United States)