MOTORMIA Secures $8 Million in Funding

by Kay Aloha Villamor in November 1st, 2024

MOTORMIA, a Scottsdale, Arizona-based AI-powered automotive platform, has secured $8 million in Funding 

Investors 

Backed by prominent venture capital firms, including Lerer Hippeau, Seedcamp, QP Ventures, Verissimo Ventures, State of Mind Ventures, Deftly.vc, and Alumni Ventures. 

About MOTORMIA 

Founded in January 2023 by Isaac Bunick, MOTORMIA is an AI-driven platform designed to enhance the aftermarket modification experience for automotive enthusiasts. Its AI virtual assistant, Mia, personalizes the connection between enthusiasts and their vehicles, fostering deeper relationships with manufacturers and service providers. Mia offers users tailored recommendations for vehicle modifications based on their unique preferences, expertise level, and performance goals. Since its public beta launch in 2024, MOTORMIA has attracted hundreds of thousands of enthusiasts. 

Funding Details 

Company: MOTORMIA Inc. 

Raised: $8.0M 

Round: Unknown 

Funding Date: October 2024 

Investors: Lerer Hippeau, Seedcamp, QP Ventures, Verissimo Ventures, State of Mind Ventures, Deftly.vc, Alumni Ventures 

Company Website: https://www.motormia.co/  

Software Category: AI Automotive 

Source: https://www.prnewswire.com/news-releases/new-ai-powered-automotive-platform--motormia-receives-8m-in-funding-302292278.html 

 


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