E-Commerce

$10M for iMotorbike to push the pedal on growth

January 24, 2025
Image from iMotorbike

Got a need for speed? Here’s Singapore-headquartered iMotorbike, a platform for buying and selling pre-owned motorcycles.

  • They’ve just completed their $10M Series A round to expand their regional growth. 

Investor check. Headline Asia led the round, while Ondine, 500 Global, Gobi Partners, Endeavor Catalyst, and Astor Management also joined in!

  • iMotorbike raised $2.6M in the first tranche of their Series A round back in 2023. 

🏍️ The ABCs of iMotorbike

With a strong presence in Malaysia and Vietnam, iMotorbike focuses on customer trust and convenience.

  • The company has a 170-point inspection process, a 6-day return, and a 6-month warranty policy. Oh, and you can also pay in full or get a financing option!

What they’re selling? They have brands like Yamaha, Kawasaki, and Honda on their platform!

🧑‍🔧 What’s next? 

The company plans to open new inspection centers and showrooms in key locations in Malaysia. 

  • Oh, and they’re also going to grow their workforce by hiring mechanics and operations staff. 

New location unlocked. They’re currently planning to open a new branch in Taiwan.

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