About Cityscoot
Cityscoot is a company based in Paris (France) founded in 2014 was acquired by Cooltra in February 2024.. Cityscoot has raised $93.6 million across 9 funding rounds from investors including Cooltra, LeasePlan and Caisse des Depots. The company has 200 employees as of December 31, 2019. Cityscoot offers products and services including Scooter Sharing App. Cityscoot operates in a competitive market with competitors including Niu, Smovengo, INDIGO weel, CityCart and eDOG, among others.
- Headquarter Paris, France
- Employees 200 as on 31 Dec, 2019
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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
*********
- Legal Name Cityscoot
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Annual Revenue
$29.81 M (USD)20as on Mar 31, 2022
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Net Profit
$4.36 M (USD)108as on Mar 31, 2022
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EBITDA
$-16.92 M (USD)68as on Mar 31, 2022
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Total Equity Funding
$93.6 M (USD)
in 9 rounds
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Latest Funding Round
$1.97 M (USD), Grant
Aug 16, 2021
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Investors
Cooltra
& 9 more
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Employee Count
200
as on Dec 31, 2019
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Acquired by
Cooltra
(Feb 22, 2024)
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Products & Services of Cityscoot
Cityscoot offers a comprehensive portfolio of products and services, including Scooter Sharing App. 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.
App for renting and managing shared electric scooters in urban areas
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Funding Insights of Cityscoot
Cityscoot has successfully raised a total of $93.6M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $1.97 million completed in August 2021. 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 9
- Last Round Grant — $2.0M
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First Round
First Round
(15 Jul 2016)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Grant - Cityscoot | Valuation |
investors |
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| Aug, 2021 | Amount | Grant - Cityscoot | Valuation |
investors |
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| Jul, 2021 | Amount | Grant - Cityscoot | Valuation |
investors |
| 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 Cityscoot
Cityscoot has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Cooltra, LeasePlan and Caisse des Depots. 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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Tech focused VC firm investing in early stage companies in Russia and parts of Europe
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Founded Year | Domain | Location | |
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Demeter is recognized as a major European investor in venture capital and private equity for energy and ecological transition.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Cityscoot
| 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 - Cityscoot
| 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 |
Cityscoot Comparisons
Competitors of Cityscoot
Cityscoot 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 Niu, Smovengo, INDIGO weel, CityCart and eDOG, 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 |
Electric scooters are developed and fleets are provided for ride-sharing.
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| domain | founded_year | HQ Location |
Station-based electric bicycle rentals are provided in French cities.
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| domain | founded_year | HQ Location |
Offers shared bikes, secure stations, and mobility solutions for urban and business use.
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| domain | founded_year | HQ Location |
Provides electric scooter services for last-mile delivery.
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| domain | founded_year | HQ Location |
Shared electric scooters for flexible, eco-friendly transport in Bordeaux area.
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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 Cityscoot
Frequently Asked Questions about Cityscoot
When was Cityscoot founded?
Cityscoot was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Cityscoot located?
Cityscoot is headquartered in Paris, France.
Is Cityscoot a funded company?
Cityscoot is a funded company, having raised a total of $93.6M across 9 funding rounds to date. The company's 1st funding round was a Grant of $1.7M, raised on Jul 15, 2016.
How many employees does Cityscoot have?
As of Dec 31, 2019, the latest employee count at Cityscoot is 200.
What is the annual revenue of Cityscoot?
Annual revenue of Cityscoot is $29.81M as on Mar 31, 2022.
What does Cityscoot do?
Cityscoot was established in 2014 in Paris, France, within the micromobility sector. Dockless electric scooter rentals are facilitated through iOS and Android apps, allowing users to locate, unlock, and park scooters freely. Vehicles are manufactured by GOVECS in Germany, with proprietary black-box technology integrated for booking, tracking, and geolocation. Maintenance and recharging are handled by an internal team across French operations.
Who are the top competitors of Cityscoot?
Cityscoot's top competitors include Niu, Smovengo and INDIGO weel.
What products or services does Cityscoot offer?
Cityscoot offers Scooter Sharing App.
Who are Cityscoot's investors?
Cityscoot has 10 investors. Key investors include Cooltra, LeasePlan, Caisse des Depots, RATP, and European Union.
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