Kuala Lumpur, Thursday, January 16, 2025:-
In a landmark achievement for Malaysia’s entrepreneurial landscape, Gil Carmo, Co-Founder & CEO of iMotorbike, has been selected as the latest Endeavor Entrepreneur at the prestigious 101st International Selection Panel (ISP), held last December, in Miami. This accolade marks a significant milestone for iMotorbike, positioning it for accelerated global growth and innovation.
The ISP represents the culmination of Endeavor’s rigorous selection process, designed to identify and support high-impact entrepreneurs who demonstrate exceptional leadership and vision. These entrepreneurs are empowered to scale their businesses, create jobs, and reinvest in their local ecosystems.
"iMotorbike has emerged as a game-changer in the Southeast Asian pre-owned motorcycle market by addressing long-standing issues of trust, transparency, and market fragmentation with a technology-driven platform. Their innovative and disruptive approach, which includes a comprehensive 170-point inspection by certified mechanics, return guarantees, and integrated financing services, sets a new standard for customer confidence in the industry", remarked Michelle Levy (Founder & CEO of Melissa Shoes), who served as one of the panelists that approved Gil as an Endeavor Entrepreneur.
"Backed by a leading founding and management team and recent successful funding rounds, iMotorbike is not only disrupting the market but also positioned for significant scalability across the region”, she further added.
Founded in 2016, iMotorbike is a pioneering online marketplace that seamlessly connects motorcycle enthusiasts with a comprehensive range of new and pre-owned motorcycles, accessories, and services. With a commitment to transparency, convenience, and customer satisfaction, iMotorbike has rapidly become a key player in the Southeast Asian market, addressing the unique needs of the region’s motorcycle community. iMotorbike has traded more than 10,000 motorcycles to date, achieving more than USD 10M in revenue total, showcasing the company's robust growth and market impact.
"The recognition at the ISP level is not only a validation of my journey as an entrepreneur but also a testament to the incredible work done by the entire team at iMotorbike. This achievement reflects our dedication and vision, and it underscores the potential we see not only in Malaysia, where we proudly lead the pre-owned motorcycle market, but also across Southeast Asia," said Gil Carmo. "With this recognition, we are more motivated than ever to expand iMotorbike’s footprint across the region, meeting the growing demand for a trusted, fast, and secure platform for motorcycle trade. We are excited about what the future holds as we continue to elevate the brand and further strengthen our position in Southeast Asia’s pre-owned motorcycle space".
As an Endeavor Entrepreneur, Gil Carmo will gain access to an unparalleled network of global mentors, strategic resources, and potential investors. This support is designed to address key challenges and accelerate iMotorbike’s growth trajectory, enabling the company to expand its impact and continue driving innovation within the industry.
Panelists involved in the ISP included renowned figures such as Nick Beim, Partner at Venrock; Emiliano Abramzon, Co-Founder & CEO of Nearpod; Sergio Fogel, Co-Founder of dLocal; Patrick McGinnis, Co-Founder & Coach at The xQuotient; and Lisa Shalett, Former Partner at Goldman Sachs. Their diverse expertise and leadership across sectors like venture capital, fintech, edtech, and strategic consulting brought invaluable insights and guidance to the selection process, underscoring the high standards and global perspective of the panel.
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