About Fenix
Fenix is a company based in San Carlos (United States) founded in 2020 by IQ Sayed. It operates as a Mobility-as-a-Service, Subscription Services, and On-Demand Services. Fenix has raised $5 million across 3 funding rounds from investors including AUM Ventures, Panthera Capital Investments and Emkan Capital. Fenix has completed 1 acquisition, including Letspalm. Fenix offers products and services including Fenix Scooters, MyRIDE Subscription, and FENIX Market. Fenix operates in a competitive market with competitors including Bird, Spin, Wind, Superpedestrian and Skip, among others.
- Headquarter San Carlos, United States
- Founders IQ Sayed
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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 Fenix Networks Limited
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$5 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
AUM Ventures
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Fenix
Fenix offers a comprehensive portfolio of products and services, including Fenix Scooters, MyRIDE Subscription, and FENIX Market.
Electric scooters are provided for urban personal transport.
Personal scooters are offered through weekly or monthly subscriptions.
Groceries are delivered quickly within 10 minutes timeframe.
Funding Insights of Fenix
Fenix has successfully raised a total of $5M across 3 strategic funding rounds. 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 Fenix
Fenix has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include AUM Ventures, Panthera Capital Investments and Emkan Capital.
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Investments are made in early-stage technology and consumer-led companies.
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Venture capital and private equity are invested across multiple sectors.
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Early-stage MENA technology companies are funded and mentored by Emkan Capital.
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Investor details for Fenix
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fenix
Fenix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Letspalm.
Investment portfolio details for Fenix
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electric kick scooter rentals are booked through an online platform.
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Complete acquisition details for Fenix
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Fenix
Detailed financials for Fenix
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Fenix Comparisons
Peer comparison for Fenix
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- Named peers
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Competitors of Fenix
Fenix 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 Bird, Spin, Wind, Superpedestrian and Skip, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric kick-scooters are rented through an app-based platform.
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Electric kick-scooters are shared via an app-based platform.
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Electric kick scooters are rented through a dockless app platform.
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Saas and AI-enabled platform offering predictive maintenence solutions for micromobility operators
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Online platform for e-scooters rentals
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Detailed competitors of Fenix
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Fenix
Complete news archive for Fenix
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Fenix
Fenix was founded in 2020.
Fenix is headquartered in San Carlos, United States. It is registered at San Carlos, California, United States.
Fenix is a funded company, having raised a total of $5M across 3 funding rounds to date.
Electric scooters are offered by Fenix for urban transport, focusing on faster, affordable, and eco-friendly journeys. Operations span multiple cities in the UAE, Qatar, and Bahrain. Personal scooter subscriptions under MyRIDE and rapid grocery delivery through FENIX Market are also provided. Innovation in design and technology is emphasized, with features like heat-resistant handlebars and hygiene-focused amenities. The transportation and retail sectors are served with a commitment to sustainability and user comfort.
Fenix offers Fenix Scooters, MyRIDE Subscription, and FENIX Market.
Fenix has made 1 acquisition, including Letspalm.
Fenix has 4 investors. Key investors include AUM Ventures, Panthera Capital Investments, Emkan Capital, and Maniv Mobility.