Citkar

Berlin, Germany Founded: 2018 • Age: 8 yrs
Electric cargo bikes for urban deliveries are developed by Citkar.
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About Citkar

Citkar is a company based in Berlin (Germany) founded in 2018 by Stefan Rath.. Citkar operates in a competitive market with competitors including Velove Bikes, Babboe, Butchers & Bicycles, Urvis and Hagen Bikes, among others.

  • Headquarter Berlin, Germany
  • Founders Stefan Rath
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Citkar Gmbh
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Citkar

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Seed - Citkar Valuation Bloomit
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Citkar

Citkar has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bloomit. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Bloomit is engaged in accelerating light electric vehicle startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Citkar

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Citkar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Citkar Comparisons

Employees
+
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Competitors of Citkar

Citkar 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 Velove Bikes, Babboe, Butchers & Bicycles, Urvis and Hagen 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
domain founded_year HQ Location
Cargo bicycles and zero-emission delivery vehicles are developed and manufactured.
domain founded_year HQ Location
Developer of electric cargo bikes
domain founded_year HQ Location
Electric cargo trikes are developed and produced in Copenhagen.
domain founded_year HQ Location
Cargo bike services are provided in Olsztyn, Poland.
domain founded_year HQ Location
Manufactures cargo and e-cargo bikes for city transport and business use.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Citkar

Hermes expands cargo bike fleet
Ti-Insight4 years ago

Frequently Asked Questions about Citkar

When was Citkar founded?

Citkar was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is Citkar located?

Citkar is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Who is the current CEO of Citkar?

Stefan Rath is the current CEO of Citkar. They have also founded this company.

What does Citkar do?

Citkar was founded in 2018 in Berlin, Germany, focusing on the urban mobility sector. Electric cargo bikes are developed for delivery purposes, incorporating features such as pedal assist and weather protection. Vehicles are offered on a rental basis to delivery businesses, with license-free operation supported. Operations emphasize sustainable cargo transport in city environments.

Who are the top competitors of Citkar?

Citkar's top competitors include Babboe, Butchers & Bicycles and Velove Bikes.

Who are Citkar's investors?

Citkar has 1 investor. Key investors include Bloomit.

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