What is MuvMi?

MuvMi  is an on-demand microtransit platform redefining urban transportation through scalable, eco-friendly innovation—making it cleaner, safer, and more accessible for everyone.  With proven models and scalable platforms, MuvMi has the foundation to shape the future of urban mobility.

MuvMi’s on-demand service integrates Electric Vehicles (EVs), proprietary AI-powered dynamic route pooling, and IoT with Fleet Management Systems to deliver efficient, cost-effective mobility solutions.

Designed for consumers, enterprises, and government partners, MuvMi addresses the growing demand for sustainable urban transport while unlocking long-term value through data-driven operations and platform scalability.

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Key Metrics

• Thailand Microtransit market is growing—driven by Urbanization—with a value of USD 2.5 billion, projected to reach USD 4 billion by 2030, alongside the expansion of public transit.  A similar trend is emerging across key Southeast Asian cities—markets MuvMi aims to tap into as part of its future regional expansion.
• Over 90,000 monthly active users, with more than 8 million passengers served in 2024, growing at 48.8% CAGR.
• Over 20​ million passengers serve​ as​ of​ May​ 2025​, with revenue growing 109% CAGR (2021–2024).
• Operating more than 800 electric tuk-tuks, reducing over 4,000 tons of CO₂e, equivalent to 66,000 urban trees grown for 10 years.

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Urban Transport Challenges (Problem)

Despite expanding mass transit networks, many Southeast Asian cities remain underserved by last-mile feeder systems that are convenient, safe, dependable, and cost-effective for everyday commute.  Limited service coverage, inconsistent fares, inconvenient payment systems, uneven service quality, and outdated vehicles continue to affect daily life and pose safety risks for passengers.

How MuvMi Solves the Problem (Solution)

Leveraging AI Dynamic Route Pooling, MuvMi redefines short-distance travel with on-demand electric tuk-tuks. Its smart and efficient routing with extensive city coverage make daily commuting eco-friendly, safer, and more accessible.

Market & Growth

MuvMi operates in Thailand’s microtransit market—valued at over USD 2.5 billion, and expected to reach USD 4 billion by 2030 (Source: Mordor Intelligence, 2024).

Key growth drivers include :

• Rapid urbanization, particularly in Bangkok, surrounding areas, and other major cities
• Expansion of urban rail transit (e.g., BTS, MRT, new mass transit lines)
• Growing and increasingly concentrated urban population
• Changing lifestyles and work patterns, including a shift from private car use to public transportation
• Rising adoption of app-based mobility services and digital payments
• Growing emphasis on ESG (Environmental, Social, Governance) standards by businesses and institutions

Business Model

MuvMi generates its core revenue from on-demand ride-sharing, with high-margin streams from tourism service, private shuttles, and advertising. Now, MuvMi is expanding into Fleet Management System via a scalable Software-as-a-Service (SaaS) platform—turning its operational expertise into infrastructure for other mobility operators and reinforcing its foundation to shape the future of urban mobility.

Competition

MuvMi differentiates itself through smart AI-Dynamic Route Pooling and ride-sharing features that reduce passenger costs compared to typical ride-hailing apps, while also enhancing revenue per trip with minimal  additional operational costs. Its modern electric tuk-tuks offer more comfortable seats resulting in higher revenue/trip, and advanced alternative to traditional public transport.

Use of Funds

MuvMi is raising USD 3–4 million in a Series A+ round to expand MuvMi’s platform into two new major cities—such as Chiang Mai, Pattaya, Ayutthaya, or Krabi—via local partnerships (without using its own vehicles - asset light model). Funds will also support the SaaS expansion into fleet management services for other vehicles, and prepare for Southeast Asia rollout.‍

Customers & Partners

MuvMi serves a wide range of users, including students, office workers, and tourists, as well as corporate and institutional partners such as universities, government agencies, the Stock Exchange of Thailand, and embassies — for both employee transport and goods delivery

MuvMi is also supported by leading organizations—including energy companies, media firms, and the Asian Development Bank (ADB, through Banpu)—to help scale its growth and drive sustainable urban mobility.

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Disclaimer:

Investing in equity crowdfunding involves risks such as loss of capital, low liquidity, no guarantee of dividends, and potential dilution of shareholding.

Please read the full risk disclosure before making an investment decision → [“General Risks of Equity Crowdfunding”]

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