🌵 Silicon Oasis Company Spotlight: Moatable, Inc.

Tucked into the heart of our Silicon Oasis, Moatable, Inc. is quietly building one of Arizona’s most interesting SaaS portfolios. Once known as Renren, the company started as a social networking platform and went public on the NYSE in 2011. After a major pivot, Moatable turned its focus to acquiring and scaling niche software platforms—and it’s been thriving ever since. Today, Moatable runs platforms like Trucker Path , the must-have app for America’s trucking community, and Lofty,a CRM and marketing suite for real estate professionals.

By focusing on profitable, practical SaaS businesses, the company has built a sustainable model that grows from right here in Phoenix. With CEO Joseph Chen leading the vision and a strong local team anchored in downtown Phoenix, Moatable proves that you can build real software businesses far from the Bay Area. Their presence strengthens the ecosystem and shows that Arizona is becoming a home for serious SaaS growth. 💡 Want to stay plugged into Arizona’s startup ecosystem?

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