About Etergo
Etergo is a company based in Amsterdam (Netherlands) founded in 2014 was acquired by Ola Electric in May 2020. Etergo has raised $23.07 million across 5 funding rounds from investors including Ola Electric and Lucros Investment. Etergo operates in a competitive market with competitors including Optima Cycles BV, Van.Eko, Leo Motors, IVA Mobility and Nimoto, among others.
- Headquarter Amsterdam, Netherlands
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$23.07 M (USD)
in 5 rounds
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Latest Funding Round
$4.46 M (USD), Series A
Nov 22, 2019
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Investors
Ola Electric
& 1 more
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Employee Count
Not available
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Acquired by
Ola Electric
(May 27, 2020)
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People of Etergo
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Funding Insights of Etergo
Etergo has successfully raised a total of $23.07M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4.46 million completed in November 2019. 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.
Investors in Etergo
Etergo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ola Electric and Lucros Investment.
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Electric scooters and motorcycles are manufactured with related accessories.
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Investor details for Etergo
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Investments & Acquisitions by Etergo
Investment portfolio details for Etergo
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Financial Statements - Etergo
Detailed financials for Etergo
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Etergo Comparisons
Peer comparison for Etergo
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Competitors of Etergo
Etergo 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 Optima Cycles BV, Van.Eko, Leo Motors, IVA Mobility and Nimoto, among others.
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Multi-category electric bicycles are developed for various users.
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Bio-based electric scooters are developed by Van.Eko in the Netherlands.
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Provides cartridge batteries designed for electric vehicles.
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Provides electric scooters, wheelchairs, and mobility aids for daily transportation needs.
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Manufactures electric two-wheel vehicles for sustainable urban transportation.
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Detailed competitors of Etergo
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Latest news on Etergo
Complete news archive for Etergo
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Frequently Asked Questions about Etergo
Etergo was founded in 2014.
Etergo is headquartered in Amsterdam, Netherlands.
Etergo is a funded company, having raised a total of $23.07M across 5 funding rounds to date.
Etergo was founded in 2014 in Amsterdam, Netherlands, within the electric mobility sector. Battery-powered scooters for urban transportation are designed, developed, and marketed by the company. The flagship AppScooter model is equipped with a digital cockpit, navigation, infotainment, security features, and smartphone integration, offering up to 240 km range via optional three-battery setup. Products are retailed directly to consumers through the companys website.
Etergo's top competitors include Optima Cycles BV, Van.Eko and Leo Motors.
Etergo has 2 investors. Key investors include Ola Electric, and Lucros Investment.