When was Movimento founded?

Movimento was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Where is Movimento located?

Movimento is headquartered in Gothenburg, Sweden.

How many employees does Movimento have?

As of Aug 31, 2026, the latest employee count at Movimento is 143.

Is Movimento a funded company?

Movimento is a funded company, having raised a total of $9.6M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 02, 2006.

When was the latest funding round of Movimento?

Movimento's latest funding was a $***** Series B round on Jun 14, 2007, with participation from 2 investors.

Where does Movimento rank among its competitors?

Movimento ranks 7th amongst 27 active competitors, of which 6 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Sibros, which secured $9M in Jan, 2026.

Who are the top competitors of Movimento?

Movimento's top competitors include Sibros, Aurora Labs and Banma Network Technology. Among them, Sibros secured the most recent funding round in January, 2026.

Movimento - 2026 Company Profile, Funding & Competitors

Company Details

Movimento develops powerful and easy to use vehicle network tools for the automotive industry and has a full suite of product and services. The main technology is OTA (over the air) reflashing of software for major automotive OEMs. This helps in forwarding the vision of a software-defined car and easy and secure updating of automotive software. It also claims to provide analytics on car usage to the automotive companies.

Key Metrics

Founded Year

2003

Location

Gothenburg, Sweden

Stage

Acquired

Total Funding

$9.6M in 2 rounds

Latest Funding Round

Series B, Jun 14, 2007, $*****

Investors

Industrifonden & 2 more

Ranked

7^th among 27 active competitors

Employee Count

143 as on Aug 31, 2026

Similar Companies

Sibros & 13 more

Exit Details

Acquired by Delphi Technologies (Jan 03, 2017)

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Movimento got acquired by Delphi Technologies on Jan 03, 2017.

Click here to take a look at Movimento's acquisition in detail

Movimento has raised a total funding of $9.6M over 2 rounds. Its first funding round was on Mar 02, 2006. Its latest funding round was a Series B round on Jun 14, 2007 for $*****. 2 investors participated in its latest round. Movimento has 3 institutional investors.

Here is the list of recent funding rounds of Movimento:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 14, 2007	5814289	Series B	3928968	1187761	7157234	3867928
Mar 02, 2006	3607797	Series A	8899615	8961448	5302728	Eqvitec Partners

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View details of Movimento's funding rounds and investors

Movimento's employee count trend

Movimento has 143 employees as of Aug 26. Here is Movimento's employee count trend over the years:

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Top competitors of Movimento include Sibros, Aurora Labs and Banma Network Technology. Here is the list of Top 10 competitors of Movimento, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sibros 2018, San Jose (United States), Series B	Developer of end-to-end connected vehicle ecosystem	$94.5M	Nexus Venture Partners, Energy Impact Partners ... & 11 others	63/100
2nd	Aurora Labs 2016, Tel Aviv (Israel), Series C	AI-enabled remote software for connected vehicles	$97.1M	Underwriters Laboratories, LG Technology Ventures ... & 30 others	60/100
3rd	Banma Network Technology 2015, Shanghai (China), Series B	Connected car platform	$698M	SDIC Innovation, SAIC Motor & 3 others	56/100
4th	Airlinq 2010, San Ramon (United States), Series B	IoT and SaaS-based provider of application development solutions for connected ecosystems	$23.2M	DCM Ventures, Verizon & 6 others	55/100
5th	Red Bend 1999, Hod Hasharon (Israel), Acquired	Device management software & services	$33.5M	Viola Ventures, Greylock Partners & 7 others	47/100
6th	Warrous 2017, India, Unfunded	Big data analytics platform	-	-	45/100
7th	Movimento 2003, Gothenburg (Sweden), Acquired	Vehicle network tools providing OTA software updates for connected cars	$9.6M	Industrifonden, Eqvitec Partners & 1 others	43/100
8th	Location World 2008, Quito (Ecuador), Funding Raised	Connected car solutions in Latin America	-	-	40/100
9th	Airbiquity 1997, Seattle (United States), Acqui-Hired	Provider of a cloud platform for connected car services	$54.4M	Toyota Motor, DENSO & 4 others	37/100
10th	eSync 2017, United States, Unfunded	Provider of standardized data pipeline for automotive over-the-air (OTA) updates	-	-	35/100