Motoreto Surges Forward with $344K Crowdfunding Success
Deal News | Jun 20, 2025 | Aim Group
Motoreto, a Spanish startup established in 2020 by CEO Marco Conde, has raised $344,000 through a recent crowdfunding initiative on SegoFinance. Specializing in providing software-as-a-service to used-car dealers, Motoreto focuses on helping dealers and distributors optimize their revenue streams and operations. The capital raised will support the company's expansion plans, improve their service offerings, and potentially enhance their technological capabilities. Crowdfunding has enabled Motoreto to leverage public investment, showcasing its market viability and potential for growth within the automotive software industry.
Sectors
- Automotive
- Technology
- Financial Services
Geography
- Spain – Motoreto is based in Spain and the crowdfunding was conducted through a Spanish platform, SegoFinance.
Industry
- Automotive – Motoreto operates within the automotive sector by providing software services tailored for used-car dealers.
- Technology – As a Software-as-a-Service (SaaS) provider, Motoreto's business model is rooted in the technology industry.
- Financial Services – The crowdfunding element, handled through SegoFinance, situates part of the activity within the financial services sector.
Financials
- $344,000 – The amount raised by Motoreto through crowdfunding on SegoFinance.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Motoreto | Target | Company | A Spanish SaaS provider for used-car dealers, founded in 2020. |
| SegoFinance | Crowdfunding Platform | Company | A crowdfunding site that facilitated the $344,000 raised for Motoreto. |
| Marco Conde | CEO | Person | Founder and CEO of Motoreto. |