MOTORMIA Secures $8 Million in Funding

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

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

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