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MVL logo — Mobility Blockchain, MVL l Incentive-based Blockchain ride-...

MVL

Mobility Blockchain, MVL l Incentive-based Blockchain ride-hailing service TADA, a Zero Commission

Founded 2012 Singapore Singapore 260 employees Series B Total: $3.53B Blockchain, IT Infrastructure +1

General Information

Company Name MVL
Founded Year 2012
Location Singapore Singapore +1
Employees 260
Industries Blockchain, IT Infrastructure, Information Technology
Funding Stage Series B
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About MVL

MVL is a Singapore-based blockchain startup with a focus on developing an incentive-based blockchain mobility ecosystem. The company's flagship project, TADA, is a ride-hailing service that operates with a zero-commission policy. MVL aims to create a transparent and reliable mobility ecosystem by leveraging blockchain technology to record and share key data such as transactions, movements, accidents, and maintenance of people and vehicles. The MVL ecosystem offers various benefits tied to participants' MVL point levels, with the ability to exchange these points for MVL coins. Notably, MVL secured a $15.00M Series B investment on 09 April 2021, with funding from TRIVE Ventures and Central. The company's innovative approach to incentivizing both drivers and riders sets it apart in the competitive ride-hailing market, potentially positioning it for further growth and success.

Taxonomy: Mobility, Ride-hailing, Incentive-based, MVL ecosystem, Data recording, Reliability, Point system, MVL coins, TADA, Zero commission, Singapore, Incentive program

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 2 •••• •••• 09 Apr 2021
Series A •••••• 1 •••• •••• 06 Aug 2020
Series A •••••• 3
Investor Investor
•••• •••• 		21 May 2020
Series A •••••• 3
Investor
•••• •••• 		02 Dec 2019

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FAQ About MVL

Mobility Blockchain, MVL l Incentive-based Blockchain ride-hailing service TADA, a Zero Commission
MVL was founded in 2012.
MVL is headquartered in Singapore.
MVL operates in the following industries: Blockchain, IT Infrastructure, Information Technology.
MVL has approximately 260 employees.
MVL has completed 4 funding rounds, raising a total of $3.53B. The latest funding stage is Series B.
Top alternatives and competitors to MVL include Ayda, Fishcoin, 1Climate, SportyCo, BIIT Consulting. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MVL and Ayda 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.

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