
Motum
RepairFix offers digital solutions for damage and service management for fleets and mobility providers.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | €1.0m | Seed | |
Total Funding | 000k |
EUR | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 508 % | 40 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | - | (751 %) | - | - |
Profit | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | (753 %) | - | - |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Motum GmbH, previously known as RepairFix GmbH, is a business-to-business enterprise focused on the automotive after-sales market, specifically catering to the evolving needs of modern mobility providers. The company was established in 2020 by co-founders Dr. Moritz Weltgen (CEO), Natalie Meier (COO), and Alla Kopylova (CPO). The founding team's background in developing and implementing digital business models within the automotive industry spurred the creation of the company.
Operating from its headquarters in Münster and a location in Munich, Motum has developed a digital platform that acts as an intelligent operating system for operational fleet management. This software-as-a-service (SaaS) platform is designed to connect fleet owners, such as car-sharing companies and ride-pooling services, with automotive service providers like workshops. The platform's primary function is to digitize and streamline the entire vehicle damage and repair process, from initial assessment to final billing. This digital solution addresses the traditionally resource-intensive and inefficient methods of managing vehicle maintenance and repair, thereby reducing costs and increasing vehicle availability for fleet operators.
The Motum platform features AI-supported image recognition for damage assessment, real-time progress monitoring, and tools for preventive vehicle inspections. It provides a centralized communication channel for fleet managers, drivers, and service partners, eliminating the need for fragmented communication via phone, fax, or email. For its corporate clients, the service can be integrated as a white-label solution into their existing management tools. The company generates revenue through a subscription-based model for its platform.
A significant milestone for the company occurred in July 2023, when it secured a high single-digit million euro financing round led by its main investor, BASF Coatings GmbH. This funding event coincided with the strategic rebranding from RepairFix to Motum, a name chosen to reflect its broader ambition of proactively managing fleets rather than just handling repairs. The fresh capital is intended to fuel the platform's further development, expand its market presence beyond the DACH region, and support its growing team. As of early 2024, the platform managed over 35,000 vehicles for more than 350 clients and collaborated with a network of over 200 workshops.
Keywords: fleet management, automotive after-sales, SaaS, mobility providers, vehicle repair, damage assessment, digital platform, B2B, car-sharing services, workshop network, AI image recognition, operational efficiency, vehicle uptime, maintenance management, fleet services, RepairFix, automotive technology, insurtech, logistics, fleet maintenance