About Efoldi
Efoldi is a company based in Reigate (United Kingdom) founded in 2009 by Richard Branson and Sumi Wang.. Efoldi has raised $4.92 million across 3 funding rounds from investors including Guinness Global Investors. Efoldi offers products and services including eFOLDi Explorer, eFOLDi Lite, eFOLDi Navigator, and Accessories. Efoldi operates in a competitive market with competitors including Numotion, Shanghai Bangbang Robot, Haltija, Scoozy and Pride Mobility, among others.
- Headquarter Reigate, United Kingdom
- Founders Richard Branson, Sumi Wang
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Suntech Uk Limited
- Date of Incorporation 15 May, 2009
- Jurisdiction REDHILL, SURREY, ENGLAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.92 M (USD)
in 3 rounds
-
Latest Funding Round
$3.07 M (USD), Series A
May 28, 2020
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Efoldi
Efoldi offers a comprehensive portfolio of products and services, including eFOLDi Explorer, eFOLDi Lite, eFOLDi Navigator, and Accessories. 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.
Lightweight scooter for road use with up to 14-mile range.
Compact travel scooter weighing 14kg for easy storage.
Portable wheelchair for users up to 135kg with quick folding.
Additional items to support scooter functionality and comfort.
Unlock access to complete
Unlock access to complete
Funding Insights of Efoldi
Efoldi has successfully raised a total of $4.92M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.07 million completed in May 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 3
- Last Round Series A — $3.1M
-
First Round
First Round
(07 Feb 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series A - Efoldi | Valuation | Guinness Global Investors |
|
| Jan, 2020 | Amount | Seed - Efoldi | Valuation |
investors |
|
| Feb, 2018 | Amount | Seed - Efoldi | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Efoldi
Efoldi has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Guinness Global Investors. 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 |
|---|---|---|---|---|
|
Private equity and equity funds are managed across multiple sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Efoldi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Efoldi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Efoldi Comparisons
Competitors of Efoldi
Efoldi 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 Numotion, Shanghai Bangbang Robot, Haltija, Scoozy and Pride Mobility, 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 |
Mobility assistance devices including power wheelchairs and scooters are supplied.
|
|
| domain | founded_year | HQ Location |
Assistive robotic solutions for mobility-impaired individuals are provided.
|
|
| domain | founded_year | HQ Location |
Rehabilitation therapy equipment, including mobility aids and prostheses, is supplied.
|
|
| domain | founded_year | HQ Location |
Electric mobility aids for differently-abled users are developed by Scoozy.
|
|
| domain | founded_year | HQ Location |
Designs and produces power wheelchairs, mobility scooters, and lift recliners for user assistance.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Efoldi
When was Efoldi founded?
Efoldi was founded in 2009 and raised its 1st funding round 9 years after it was founded.
Where is Efoldi located?
Efoldi is headquartered in Reigate, United Kingdom. It is registered at Reigate, Surrey, United Kingdom.
Is Efoldi a funded company?
Efoldi is a funded company, having raised a total of $4.92M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.31M, raised on Feb 07, 2018.
What does Efoldi do?
Efoldi was established in 2009 in Reigate, United Kingdom, within the urban mobility sector. Battery-powered electric scooters are developed for everyday commuting. The eFOLDi model incorporates a patented folding mechanism, allowing it to be reshaped as a wheeled suitcase for easy carrying. Operations focus on providing a travel range of up to 14 miles and a maximum speed of 8 mph, supporting practical urban navigation.
Who are the top competitors of Efoldi?
Efoldi's top competitors include Numotion, Nino Robotics and Shanghai Bangbang Robot.
What products or services does Efoldi offer?
Efoldi offers eFOLDi Explorer, eFOLDi Lite, eFOLDi Navigator, and Accessories.
Who are Efoldi's investors?
Efoldi has 1 investor. Key investors include Guinness Global Investors.