Mtor is a revolutionary automotive aftermarket marketplace, aiming to streamline the fragmented supply chain in the industry. Founded in 2022 and headquartered in Egypt, it has attracted $2.80M in Pre Seed Round investment from notable investors such as LoftyInc Alpha Fund, Algebra Ventures, Dutch Founders Fund, and Aditum Ventures as of 04 December 2023. The platform offers sophisticated tech solutions for local car workshops, providing on-demand access to a wide range of automotive spare parts at competitive prices. Mtor's focus on faster delivery and accurate data aims to simplify and accelerate the workflow for mechanics and car owners alike, making it a promising player in the Information Technology and Internet industries.
mtor
The Next Generation Automotive Aftermarket
Founded 2022
Egypt
78 employees
Pre-Seed
Total: $2.80M
Information Technology, Internet
Egypt
78 employees
Pre-Seed
Total: $2.80M
Information Technology, Internet
General Information
Company Name
mtor
Founded Year
2022
Location
Egypt
Egypt
Employees
78
Industries
Information Technology, Internet
Funding Stage
Pre-Seed
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Discover More
Egypt Market
Information Technology
About mtor
Business keywords: automotive aftermarket, online marketplace, tech solutions, spare parts, on-demand, local car workshops, mechanics, car owners, delivery, data accuracy, workflow acceleration
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Pre Seed Round | $2.80M | 4 |
|
04 Dec 2023 |
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FAQ About mtor
The Next Generation Automotive Aftermarket
mtor was founded in 2022.
mtor is headquartered in Egypt.
mtor operates in Information Technology and Internet. Its work centres on automotive aftermarket, online marketplace, tech solutions and spare parts.
mtor has approximately 78 employees.
mtor has completed 1 funding round, raising a total of $2.80M. The latest funding stage is Pre-Seed.
Top alternatives and competitors to mtor include CarPrice Co., Ltd. - (Mitsui & Co. Group), Partly, Frontiers Market. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
mtor and CarPrice Co., Ltd. - (Mitsui & Co. Group) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.
Source: BounceWatch company record for mtor, https://bouncewatch.com/company/mtor, updated 30 December 2024. When citing, please name BounceWatch and link this page.
