About Drop Mobility
Drop Mobility is a company based in Toronto (Canada) founded in 2017.. Drop Mobility offers products and services including E-bikes, Software Platform, Charging Docks, and Operational Services. Drop Mobility operates in a competitive market with competitors including TIER, Carre Mobility, VAIMOO, Rialto ebikes and Bewegen, among others.
- Headquarter Toronto, Canada
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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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- Legal Name Dropbike, Corp D/B/A Drop Mobility
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Drop Mobility
Drop Mobility offers a comprehensive portfolio of products and services, including E-bikes, Software Platform, Charging Docks, and Operational Services. 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.
Electric bikes for urban sharing and commuting needs.
App for real-time monitoring and rider integrations.
Docks for charging electric micromobility vehicles.
End-to-end solutions for bike-share operations.
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Funding Insights of Drop Mobility
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Seed - Drop Mobility | Valuation | Decathlon Capital Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Drop Mobility
Drop Mobility has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Decathlon Capital Partners. 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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Private debt funds focused on direct lending, and revenue-based financing
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Drop Mobility
| 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 - Drop Mobility
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Drop Mobility Comparisons
Competitors of Drop Mobility
Drop Mobility 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 TIER, Carre Mobility, VAIMOO, Rialto ebikes and Bewegen, 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 kick-scooters are rented through a mobile app platform.
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| domain | founded_year | HQ Location |
Multi-category self-driven vehicle rentals and car-pooling are provided online.
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| domain | founded_year | HQ Location |
End-to-end SaaS platform for micromobility fleet management is provided.
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| domain | founded_year | HQ Location |
Delivers comprehensive solutions for e-bike sharing systems.
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| domain | founded_year | HQ Location |
Provides an electric bicycle sharing system for convenient urban mobility.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Drop Mobility
When was Drop Mobility founded?
Drop Mobility was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Where is Drop Mobility located?
Drop Mobility is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Drop Mobility do?
Drop Mobility was founded in 2017 in Toronto, Canada, and operates within the urban micro-mobility sector. Stationless electric bikes, kick scooters, and bicycles are provided for rental through a mobile application available on Android and iOS platforms. Vehicles are located and booked by users via the app, accessed by scanning QR codes, with payments processed digitally for each trip. Services focus on facilitating short-distance urban travel.
Who are the top competitors of Drop Mobility?
Drop Mobility's top competitors include TIER, VAIMOO and Carre Mobility.
What products or services does Drop Mobility offer?
Drop Mobility offers E-bikes, Software Platform, Charging Docks, and Operational Services.
Who are Drop Mobility's investors?
Drop Mobility has 1 investor. Key investors include Decathlon Capital Partners.
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