About Cooltra
Cooltra is a company based in Barcelona (Spain) founded in 2006 by Henrik Sprengel, Holger Sprengel, and Timo Buetefisch.. Cooltra has raised $6.16 million across 2 funding rounds from investors including European Union and Suma Capital. Cooltra has completed 2 acquisitions, including Cityscoot and Eos Connectivity. Cooltra offers products and services including Minute/Hour Rental, Daily Rental, and Monthly Rental. Cooltra operates in a competitive market with competitors including YEGO, looper, Muving, eCooltra and Motit, among others.
- Headquarter Barcelona, Spain
- Founders Henrik Sprengel, Holger Sprengel, Timo Buetefisch
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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
$6.16 M (USD)
in 2 rounds
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Latest Funding Round
$196.71 K (USD), Grant
Apr 01, 2020
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Cityscoot
& 1 more
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Products & Services of Cooltra
Cooltra offers a comprehensive portfolio of products and services, including Minute/Hour Rental, Daily Rental, and Monthly Rental. 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-based short-term rentals of scooters and e-bikes for urban trips
Daily bookings of scooters and e-bikes for personal or business use
Extended rentals of scooters and e-bikes for ongoing mobility needs
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Funding Insights of Cooltra
Cooltra has successfully raised a total of $6.16M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $196.71 thousand completed in April 2020. 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 2
- Last Round Grant — $196,709
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First Round
First Round
(05 Mar 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Grant - Cooltra | Valuation |
investors |
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| Mar, 2018 | Amount | Series A - Cooltra | Valuation | Suma Capital |
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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 Cooltra
Cooltra has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Suma Capital. 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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Suma Capital is engaged in responsible investment management.
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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 Cooltra
Cooltra has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cityscoot and Eos Connectivity. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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SaaS platform for electric vehicle sharing and management is provided.
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2020 | ||||
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Dockless electric scooters are rented via mobile app in France.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cooltra
| 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 |
Cooltra Comparisons
Competitors of Cooltra
Cooltra 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 YEGO, looper, Muving, eCooltra and Motit, 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 and bikes are rented through a mobile app.
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| domain | founded_year | HQ Location |
An app-based platform for renting four-wheeler electric scooters.
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| domain | founded_year | HQ Location |
E-bikes are rented via an online platform and mobile app.
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| domain | founded_year | HQ Location |
Provides app-based rental of scooters and bikes by minutes, hours, days, and months.
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| domain | founded_year | HQ Location |
Electric scooters are rented via an online platform in Europe.
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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 Cooltra
Frequently Asked Questions about Cooltra
When was Cooltra founded?
Cooltra was founded in 2006 and raised its 1st funding round 12 years after it was founded.
Where is Cooltra located?
Cooltra is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of Cooltra?
Timo Buetefisch is the current CEO of Cooltra. They have also founded this company.
Is Cooltra a funded company?
Cooltra is a funded company, having raised a total of $6.16M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.16M, raised on Mar 05, 2018.
What does Cooltra do?
Cooltra was founded in 2006 in Barcelona, Spain, as an app-based platform for electric motorized two-wheeler rentals. Short- and long-term services are provided to individuals and companies in the mobility sector. Nearby scooters are located through the app, enabling users to rent, ride, and park them in line with traffic regulations. The platform is accessible on Android and iOS devices.
What products or services does Cooltra offer?
Cooltra offers Minute/Hour Rental, Daily Rental, and Monthly Rental.
How many acquisitions has Cooltra made?
Cooltra has made 2 acquisitions, including Cityscoot, and Eos Connectivity.
Who are Cooltra's investors?
Cooltra has 2 investors. Key investors include European Union, and Suma Capital.
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