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
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series B - Citymobile | Valuation | Mail.Ru , MegaFon |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Citymobile
Citymobile has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include MegaFon and Mail.Ru. 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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Online platform offering key-word based search engine
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Founded Year | Domain | Location | |
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Cellular, mobile, and wireless internet services are provided nationwide.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Citymobile
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Citymobile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
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. 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 |
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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Citymobile
Frequently Asked Questions about Citymobile
When was Citymobile founded?
Citymobile was founded in 2007 and raised its 1st funding round 11 years after it was founded.
Where is Citymobile located?
Citymobile is headquartered in Moscow, Russia.
Is Citymobile a funded company?
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.
What does Citymobile do?
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.