About Citymobile
Citymobile is a company based in Moscow (Russia) founded in 2007 by Aram Arakelian. Citymobile has raised $35 million across 1 funding round from investors including MegaFon and Mail.Ru. Citymobile operates in a competitive market with competitors including Yango, Tuda, X-Car, SPB-UBER and Taxi Breeze, among others.
- Headquarter Moscow, Russia
- Founders Aram Arakelian
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 1 rounds
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Latest Funding Round
$35 M (USD), Series B
Apr 05, 2018
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Investors
MegaFon
& 1 more
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Employee Count
Employee Count
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Funding Insights of Citymobile
Citymobile has successfully raised a total of $35M through 1 strategic funding round. The most recent funding activity was a Series B round of $35 million completed in April 2018. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $35.0M
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First Round
First Round
(05 Apr 2018)
- Investors Count 2
Investments & Acquisitions by Citymobile
Financial Statements - Citymobile
Citymobile Comparisons
Competitors of Citymobile
Citymobile 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 Yango, Tuda, X-Car, SPB-UBER and Taxi Breeze, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Yango is recognized for transforming technologies into everyday services for local communities.
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| domain | founded_year | HQ Location |
An app-based platform offering ride-hailing services.
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| domain | founded_year | HQ Location |
Operates an app-based platform for ride-hailing services.
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| domain | founded_year | HQ Location |
Provides an app-based platform for convenient ride-hailing services.
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| domain | founded_year | HQ Location |
Operates an app-based platform for convenient ride-hailing and transportation services.
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Frequently Asked Questions about Citymobile
Citymobile was founded in 2007 and raised its 1st funding round 11 years after it was founded.
Citymobile is headquartered in Moscow, Russia.
Citymobile is a funded company, having raised a total of $35M across 1 funding round to date. The company's 1st funding round was a Series B of $35M, raised on Apr 05, 2018.
Founded in 2007 and headquartered in Moscow, Russia, Citymobil operates as a taxi-hailing platform in select Russian locations. Partnerships with cab operators and drivers are maintained to enable users to search, book, track, and pay for rides via a mobile app available on iOS and Android. Real-time tracking and service ratings are supported, with expansion into on-demand driver bookings also implemented.