About Avocargo
Avocargo is a company based in Berlin (Germany) founded in 2021 by Matti Schurr and Marc Shakory Tabrizi.. Avocargo offers products and services including Cargo Bike Sharing and Welgo Subscription. Avocargo operates in a competitive market with competitors including EAV, Vok Bikes, NÜWIEL, VUF Bikes and Velove Bikes, among others.
- Headquarter Berlin, Germany
- Founders Matti Schurr, Marc Shakory Tabrizi
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Avo Mobility Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
EIT InnoEnergy
& 5 more
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Employee Count
Employee Count
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Products & Services of Avocargo
Avocargo offers a comprehensive portfolio of products and services, including Cargo Bike Sharing and Welgo Subscription. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for renting electric cargo bikes for urban mobility and transport
Service offering customizable electric cargo bikes with all-inclusive features
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Funding Insights of Avocargo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Seed - Avocargo | Valuation | EIT InnoEnergy , EXXETA |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Avocargo
Avocargo has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include EIT InnoEnergy, EXXETA and WestTech Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Micro venture capital investments are directed toward tech sectors.
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No detailed information about the company is provided.
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Innovation engine in sustainable energy
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Avocargo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Avocargo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Avocargo Comparisons
Competitors of Avocargo
Avocargo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EAV, Vok Bikes, NÜWIEL, VUF Bikes and Velove Bikes, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based e-cargo bikes are supplied for last-mile logistics transport.
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| domain | founded_year | HQ Location |
Cargo bikes and e-bikes are supplied for delivery services.
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| domain | founded_year | HQ Location |
Electric bike trailers for last-mile cargo transportation are developed.
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| domain | founded_year | HQ Location |
Cargo electric bicycles with tilting systems are developed for logistics.
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| domain | founded_year | HQ Location |
Cargo bicycles and zero-emission delivery vehicles are developed and manufactured.
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| domain | founded_year | HQ Location |
Electric cargo bikes are subscribed for delivery businesses via platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Avocargo
When was Avocargo founded?
Avocargo was founded in 2021.
Where is Avocargo located?
Avocargo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Avocargo?
Marc Shakory Tabrizi is the current CEO of Avocargo. They have also founded this company.
What does Avocargo do?
Avocargo was founded in 2021 in Berlin, Germany, within the logistics sector. An app-based platform is operated to enable delivery services using cargo bikes. Electric bikes for transportation are booked by users via the application, which is accessible on both Android and iOS platforms. Operations focus on sustainable urban logistics in the region.
Who are the top competitors of Avocargo?
What products or services does Avocargo offer?
Avocargo offers Cargo Bike Sharing and Welgo Subscription.
Who are Avocargo's investors?
Avocargo has 6 investors. Key investors include EIT InnoEnergy, EXXETA, WestTech Ventures, Starthub Ventures, and Alexander Eitner.