DOVU

company

About

DOVU is a global rewards platform for smart travel, powered by cryptocurrency.

Details

Last Funding Type
Non-Equity Assistant
Industries
Blockchain,Cryptocurrency,Smart Cities,Transportation
Founded date
Sep 1, 2016
Number Of Employee
11 - 50
Operating Status
Active

DOVU is a global rewards platform for smart travel, powered by cryptocurrency. It creates a new value exchange between people and global mobility providers.

The platform allows users to earn DOV tokens for sharing and improving the way that they travel, allows mobility companies to get closer to their customers and ultimately helps cities get smarter. Until now, the tools to reward and incentivize travelers have been limited to points and loyalty programs focused on spend and locking the customer in. The widespread adoption of connected devices and the rise of cryptocurrency present a new opportunity for value exchange in mobility - one that is instant, global and open.

With a token and a rewards API that can be added to any website, mobile app, dashboard, or IoT interface, DOVU provides a scalable way for mobility companies to get closer to their customers and for consumers to earn globally-spendable crypto tokens for sharing data and switching to smart mobility services. It also lays the foundation for future token-based payments in mobility.

It was founded in 2016 by Irfon Watkins, Krasina Mileva, and Arwen Smit, in Bristol, England.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
£350K $6M
DOVU has raised a total of £350K $6M in funding over 2 rounds. Their latest funding was raised on Jun 1, 2019 from a Non-Equity Assistant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 1, 2019 Non-Equity Assistant 1 Detail
Nov 1, 2018 Seed 1 BMW Innovation Lab Detail
Oct 19, 2017 Initial Coin Offering $6M Detail
Apr 20, 2017 Seed £350K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
DOVU is funded by 3 investors. BMW Innovation Lab and AcceliCITY powered by Leading Cities are the most recent investors.
Investor Name Lead Investor Funding Round
BMW Innovation Lab Yes Seed
AcceliCITY powered by Leading Cities Non-Equity Assistant
Creative England Seed

Employee Profiles

Number of Employee Profiles
4
DOVU has 4 current employee profiles, including Executive Irfon Watkins
Executive
Executive
Advisor
Advisor