Moov Technologies

Moov Technologies

Industrial equipment marketplace with real-time data

Overview

Moov Technologies runs a digital marketplace connecting manufacturers, brokers, and buyers to buy and sell industrial equipment using real-time market data. The platform handles listings, pricing, and logistics, and purchases can close in under 24 hours, with commissions on transactions and optional premium services. It differentiates itself by combining data-driven market insights with traditional customer service and transparent deal-making, plus PPE listings during crises to aid relief without profit. The goal is to speed up equipment trading, make it transparent, and accessible to both large and small industrial players while maintaining high satisfaction.

About Moov Technologies

Simplify's Rating
Why Moov Technologies is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Social Impact

Company Size

11-50

Company Stage

Series A

Total Funding

$45.4M

Headquarters

San Francisco, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Equipment Management Software can deepen fab lock-in across multiple facilities.
  • European hiring and the EU Chips Act expand addressable used-tool supply.
  • Taipei staffing improves access to Asian fabs and cross-border equipment flows.

What critics are saying

  • Axion integration creates channel conflict and customer churn within 6-12 months.
  • EU expansion burns sales capital if entrenched brokers refuse to switch.
  • Export controls and customs scrutiny can freeze cross-border semiconductor equipment transactions.

What makes Moov Technologies unique

  • Moov built the first real-time digital marketplace for pre-owned semiconductor equipment.
  • Its platform combines marketplace, payments, logistics, asset management, and refurbishment services.
  • Free listings plus white-glove execution shorten transactions from months to under 24 hours.

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Funding

Total Funding

$45.4M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$41M
Moov Technologies

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-7%

2 year growth

-2%
Latest Nigerian News
Aug 13th, 2025
Moov raises $27M led by Andreessen Horowitz

Moov, a fintech company, has raised a $27 million Series A funding round led by Andreessen Horowitz. The company, founded by Wade Arnold, focuses on integrating modern payment technologies into business applications. Arnold's experience with Banno, a fintech he founded in 2008 and later sold to Jack Henry in 2014, highlighted the challenges of updating tech at smaller banks and credit unions.

MediaBrief.com
May 7th, 2024
Havas Worldwide India creates new campaign for Moov - 'Aao Dard Mitayein'

Moov has released its new campaign, aao dard mitayein, aimed at highlighting the brand's commitment to providing effective pain relief for people of all ages.

PR Newswire
Mar 19th, 2024
Moov Announces Eu Expansion, Hires Entegris, Kmg Veteran To Lead Eu Semiconductor Equipment Sales

PARIS, March 19, 2024 /PRNewswire/ -- Moov , the world's largest marketplace for pre-owned semiconductor equipment, is excited to welcome Eric Tribolet as Director of European Sales. A 25-year semiconductor industry veteran, Tribolet spent the last decade developing an expertise in chemicals used in front end semiconductor processes, working with clients that include top European semiconductor manufacturers. Most recently, Tribolet held the position of Global Business Director Europe for CMC Materials (acquired by Entegris)."We are excited to welcome Eric to Moov as we expand our presence in European markets," said Moov CEO and cofounder Steven Zhou. "Eric's wealth of experience working with top European semiconductor manufacturers and his technical expertise in process and analytical equipment will be an asset to Moov and our customers as we help shape the future of European semiconductor manufacturing by enabling more economically and environmentally sustainable capital equipment investment."Over the course of his two-and-a-half decades in the semiconductor industry, Tribolet held various sales and marketing management positions at Ashland Electronic Chemicals Division, Air Products and Chemicals, KMG, and Cabot Microelectronics. For the last 14 years, Tribolet's primary focus on chemicals used in semiconductor processing has afforded him in-depth technical expertise in front end processes such as wet cleaning, etching, and stripping."I've had the opportunity to build trusted relationships with leading European chipmakers as their supply chain partner for the past 25 years," said Tribolet, "I look forward to expanding these relationships at Moov by bringing European fabs a better solution for sourcing and disposing of both front and back-end equipment. As Europe strives to grow its share of global semiconductor manufacturing capacity, a solution like Moov, which allows fabs to more nimbly scale capacity and recoup capital on underutilized assets, is more critical than ever."The EU Chips Act, passed in July, 2023, allocates €43 billion in public and private investment to double the EU's global market share in semiconductors, from 10% now to at least 20% by 2030

PR Newswire
Jan 25th, 2024
Moov Releases Equipment Management Software For Semiconductor Manufacturers

TEMPE, Ariz., Jan. 25, 2024 /PRNewswire/ -- Moov , the largest and fastest growing global marketplace for used semiconductor equipment, today announced the release of its new Equipment Management Software (EMS) for semiconductor manufacturers. Moov's Equipment Management Software helps manufacturers track and understand what equipment assets they own across fabrication centers (fabs), the condition of these tools, and the resale value of these assets based on data from Moov's global marketplace.Moov is helping manufacturers maximize the lifetime value of their capital equipment assets. Post this Moov’s Equipment Management Software helps manufacturers track and understand what equipment assets they own across fabrication centers (fabs), the condition of these tools, and the resale value of these assets based on data from Moov’s global marketplace.Today, semiconductor manufacturers have limited insight into the equipment they own across fabs, its condition, and how to maximize its value once it is considered depreciated and/or has outlived its initial production line.In building EMS, Moov will continue to help manufacturers operationalize a more data-driven approach to deciding how to leverage idle or underutilized capital equipment – whether that means transferring equipment between fabs, scrapping equipment, selling parts, or selling whole systems to maximize the lifetime value of these assets."Semiconductor manufacturers have neither the tools nor the data to make informed decisions on what to do with capital equipment assets that may be depreciated on their books but still have real market value," said Moov cofounder and CEO, Steven Zhou. "Moov's Equipment Management Software helps manufacturers gain a unified view of their equipment across fabs and augments equipment data with marketplace data pulling from millions of data points on pricing, supply, demand, geography, installed base, and more to help chipmakers make strategic decisions on how to maximize the value of these financial assets based on true market conditions."To help manufacturers simplify the process of deploying EMS across fabs, Moov is offering free equipment audits and data onboarding. Moov will audit and inspect tools across a manufacturer's fabs, and document tool make, model, location, condition, and specifications in the EMS

PR Newswire
Jan 11th, 2024
Moov Announces Promotion of Rajiv Chegu to Chief Operating Officer

Moov unveiled a series of new product features at this year's SEMICON West exhibition and conference, which leverage data and automation to further simplify the process of buying and selling semiconductor equipment and parts on Moov's marketplace.

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