About Letspalm
Letspalm is a company based in Turkey founded in 2018 by Berhan Gokshin and Dogus Dirik was acquired by Fenix in August 2021.. Letspalm operates in a competitive market with competitors including Bird, Dott, Voi, Spin and MARTI, among others.
- Headquarter Turkey
- Founders Berhan Gokshin, Dogus Dirik
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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Funding Insights of Letspalm
| 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 Letspalm
Letspalm has secured backing from 1 investor. Prominent investors backing the company include Fenix. 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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Electric kick-scooters are shared via an app-based platform.
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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 Letspalm
| 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 - Letspalm
| 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 |
Letspalm Comparisons
Competitors of Letspalm
Letspalm 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, Dott, Voi, Spin and MARTI, 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 an app-based platform.
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| domain | founded_year | HQ Location |
App-based platform offering electric kick scooter rental services
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| domain | founded_year | HQ Location |
Electric kick-scooters are rented through a mobile app platform.
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| domain | founded_year | HQ Location |
Electric kick-scooters are shared via an app-based platform.
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| domain | founded_year | HQ Location |
Ride-hailing services are operated via a mobility app for scooters.
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| domain | founded_year | HQ Location |
Electric kick scooters are rented via an app-based platform.
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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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Frequently Asked Questions about Letspalm
When was Letspalm founded?
Letspalm was founded in 2018.
Where is Letspalm located?
Letspalm is headquartered in Turkey.
What does Letspalm do?
Letspalm was established in 2018 in Turkey as an online platform focused on electric kick scooter rentals within the mobility sector. Bookings are facilitated by users submitting location data, personal details, and payment information via the website. Operations center on enabling short-term rentals for urban transportation needs, with services accessible across specified areas in the region. The platform supports seamless transactions without physical infrastructure requirements.
Who are Letspalm's investors?
Letspalm has 1 investor. Key investors include Fenix.