About RYTLE
RYTLE is a Transportation, Automotive & Logistics company based in Bremen (Germany) founded in 2017. End-to-end software and hardware for last-mile delivery management are provided. The company has 24 employees. RYTLE offers products and services including MovR3 TriLiner, RYTLE SmarT, and RYTLE BOX. Its focus areas include Consumer, Logistics Tech, Parcel and Technology Enablers. Its legal entity is Rytle GmbH.
Company details
Founded in 2017 in Bremen, Germany, RYTLE operates in the logistics sector with integrated software and hardware for last-mile delivery. Hardware includes the MovR electric vehicle for intracity cargo, GPS-enabled Box for parcel storage, and modular Hub depots. Software encompasses mobile apps for drivers and customers, plus management dashboards featuring real-time tracking, route optimization, navigation, digital proof of delivery, and access controls. Operations are supported across iOS and Android platforms.
- Latest Funding Round$196.55K (USD), Grant
Sep 2020
- Investors
- Employee Count24
Products & Services of RYTLE
RYTLE offers a comprehensive portfolio of products and services, including MovR3 TriLiner, RYTLE SmarT, and RYTLE BOX.
Electric bike for efficient urban parcel delivery.
Software for tracking and optimizing delivery fleets.
Modular box for secure and easy cargo transport.
Funding Insights of RYTLE
- Total Rounds 1
- Last Round Grant — $196,547
- First Round $196,547
(Sep 2020)
- Investors Count 1
All 1 funding rounds of RYTLE with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $196,547 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in RYTLE
RYTLE has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for RYTLE
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Timeline of RYTLE
2 dated milestones of RYTLE across 3 years, from founding to its latest funding, stage changes and deals.
- Founded RYTLE is founded.
- Funding First funding round of $197K.
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Frequently Asked Questions about RYTLE
RYTLE was founded in 2017 and raised its 1st funding round 3 years after it was founded.
RYTLE is headquartered in Bremen, Germany. It is registered at Bremen, Bremen, Germany.
RYTLE has 24 employees.
Founded in 2017 in Bremen, Germany, RYTLE operates in the logistics sector with integrated software and hardware for last-mile delivery. Hardware includes the MovR electric vehicle for intracity cargo, GPS-enabled Box for parcel storage, and modular Hub depots. Software encompasses mobile apps for drivers and customers, plus management dashboards featuring real-time tracking, route optimization, navigation, digital proof of delivery, and access controls. Operations are supported across iOS and Android platforms.
RYTLE offers MovR3 TriLiner, RYTLE SmarT, and RYTLE BOX.
RYTLE has 1 investor. Key investors include European Union.
RYTLE operates through Rytle Gmbh.