AyeCo

Lahore, Pakistan Founded: 2017 • Age: 9 yrs
Smartphone-operated wheelchairs are supplied for mobility-impaired users.
Annual revenue - Latest available
Total funding $76,474 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About AyeCo

AyeCo is a company based in Lahore (Pakistan) founded in 2017 by Faaiz Arbab. AyeCo has raised $76.47 thousand across 1 funding round from investors including Aamir Ibrahim and Naeem Zamindar. AyeCo operates in a competitive market with competitors including Arcatron, WHILL, Kalogon Smart Cushion, Permobil and Shanghai Bangbang Robot, among others.

  • Headquarter Lahore, Pakistan
  • Founders Faaiz Arbab
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $76.47 K (USD)

    in 1 rounds

  • Latest Funding Round
    $76.47 K (USD), Angel Round

    Sep 30, 2019

  • Investors

    & 1 more

  • Employee Count
    Not available
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Funding Insights of AyeCo

AyeCo has successfully raised a total of $76.47K through 1 strategic funding round. The most recent funding activity was a Angel Round of $76.47 thousand completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in AyeCo

AyeCo has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Aamir Ibrahim and Naeem Zamindar.

All
Angel
Investor Description Founded Year Domain Location

Aamir Ibrahim

Angel investor, ex-CEO of Airtel Business, focused on tech startups
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Naeem Zamindar

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Investor details for AyeCo

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Investments & Acquisitions by AyeCo

Investments
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Investment portfolio details for AyeCo

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Financial Statements - AyeCo

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Detailed financials for AyeCo

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Ayeco Comparisons

AyeCo Primary company
Description
Smartphone-operated wheelchairs are supplied for mobility-im...
Location
Lahore, Pakistan
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for AyeCo

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Competitors of AyeCo

AyeCo 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 Arcatron, WHILL, Kalogon Smart Cushion, Permobil and Shanghai Bangbang Robot, among others.

Company Name Domain Founded year HQ Location Description
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Assisted mobility and elderly care devices are provided by Arcatron.
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Personal electric wheelchairs for mobility support are developed.
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Manufacturer of wheelchairs
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Electric-powered wheelchairs and mobility products are developed and manufactured.
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Assistive robotic solutions for mobility-impaired individuals are provided.
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Smart wheelchairs for mobility-impaired users are controlled via head movements.
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Detailed competitors of AyeCo

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Latest news on Ayeco

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Frequently Asked Questions about AyeCo

AyeCo was founded in 2017 and raised its 1st funding round 2 years after it was founded.

AyeCo is headquartered in Lahore, Pakistan. It is registered at Lahore, Punjab, Pakistan.

Faaiz Arbab is the current CEO of AyeCo. They have also founded this company.

AyeCo is a funded company, having raised a total of $76.47K across 1 funding round to date.

AyeCo was founded in 2017 in Lahore, Pakistan, within the mobility aids sector. Wheelchairs are provided for individuals with disabilities, including the GoBee model developed for smartphone control via an application. Operations involve motors rated at 3200 RPM for handling 30-degree inclines, paired with a battery enabling up to 40 km of travel per charge. Focus remains on accessible mobility solutions in the region.

AyeCo's top competitors include WHILL, Arcatron and Kalogon Smart Cushion.

AyeCo has 2 investors. Key investors include Aamir Ibrahim, and Naeem Zamindar.

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