Kovi
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A Brazilian vehicle financing startup acquired by Moove to strengthen its operations in Latin America.
News published about Kovi
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Moove inches closer to unicorn status as it plans $300m funding
Techpoint Africa - Jun 13, 2025
Moove plans to raise $300 million in equity to push its valuation beyond $1 billion. The company has grown its revenue threefold in a year, reaching $360 million annualized.
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Moove acquires Kovi to fuel LatAm growth
Bendada.com - Jan 29, 2025
Moove acquired Brazilian mobility company Kovi, making it a wholly owned subsidiary. The acquisition increases Moove's fleet to 36,000 vehicles and doubles its annual recurring revenue to $275 million.
WaymoKoviLadi DelanoMooveUber
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Moove acquires Brazilian startup Kovi to expand Latin American operations
Techpoint Africa - Jan 29, 2025
Moove acquires Brazilian car rental startup Kovi in an all-share deal. Moove officially expanded to Mexico in October 2024.
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Uber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M
TechCrunch - Jan 29, 2025
Moove acquires Kovi, a Brazilian urban mobility provider. The acquisition is an all-share transaction, with Kovi now wholly owned by Moove.
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