About BLOCK
BLOCK is a company based in Budapest (Hungary) founded in 2019 by Mark Boros and Szabolcs Szilagyi.. BLOCK offers products and services including B+R Facility, P2 Bike Dock, S1 Scooter Dock, and G6 Bike Garage. BLOCK operates in a competitive market with competitors including Soul Parking, Bikeep, Oonee, ParkENT Cycles and CyclePort, among others.
- Headquarter Budapest, Hungary
- Founders Mark Boros, Szabolcs Szilagyi
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Avibike Ltd
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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
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Employee Count
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Products & Services of BLOCK
BLOCK offers a comprehensive portfolio of products and services, including B+R Facility, P2 Bike Dock, S1 Scooter Dock, and G6 Bike Garage. 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.
Stylish amenity-packed parking for bicycles and long-term storage.
Simple two-point locking system for secure bike parking.
Smart practical docking for kickscooters with charging options.
Customizable accessible storage for bicycles in urban settings.
Funding Insights of BLOCK
| 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 |
Investments & Acquisitions by BLOCK
| 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 - BLOCK
| 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 |
Block Comparisons
Competitors of BLOCK
BLOCK 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 Soul Parking, Bikeep, Oonee, ParkENT Cycles and CyclePort, 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 |
Bike parking systems are provided with security and monitoring features.
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| domain | founded_year | HQ Location |
Smart parking and storage systems for bicycles are provided.
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| domain | founded_year | HQ Location |
Provider of smart bike parking systems for parking operators
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| domain | founded_year | HQ Location |
Offers an integrated charging and parking system for e-bikes, enhancing urban mobility solutions.
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| domain | founded_year | HQ Location |
Offers smart parking systems designed for bicycles.
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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 BLOCK
When was BLOCK founded?
BLOCK was founded in 2019.
Where is BLOCK located?
BLOCK is headquartered in Budapest, Hungary.
Who is the current CEO of BLOCK?
Szabolcs Szilagyi is the current CEO of BLOCK. They have also founded this company.
What does BLOCK do?
BLOCK was founded in 2019 in Budapest, Hungary, focusing on urban mobility solutions. Smart and connected bicycle docking racks are developed and deployed by the company for public parking needs. A proprietary 3-point electronic locking mechanism is utilized, incorporating encrypted security and IoT connectivity. Integration with smartphones is enabled through a dedicated mobile app, allowing remote management of stations. Operations center on enhancing bicycle infrastructure in city environments.
Who are the top competitors of BLOCK?
BLOCK's top competitors include Soul Parking, Bikeep and Oonee.
What products or services does BLOCK offer?
BLOCK offers B+R Facility, P2 Bike Dock, S1 Scooter Dock, and G6 Bike Garage.