About Scuter
Scuter is a company based in Rome (Italy) founded in 2015.. Scuter has raised $3.66 million across 5 funding rounds from investors including Intesa Sanpaolo, Invitalia and LVenture Group. Scuter offers products and services including Scuter App and Electric Vehicle Service. Scuter operates in a competitive market with competitors including Niu, GO Sharing, MiMoto and GoVolt, among others.
- Headquarter Rome, Italy
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Scuter Srl
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.66 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Intesa Sanpaolo
& 4 more
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Employee Count
Employee Count
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Products & Services of Scuter
Scuter offers a comprehensive portfolio of products and services, including Scuter App and Electric Vehicle Service. 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.
App for renting and sharing electric vehicles in urban areas
Platform-based rental of sustainable urban transport vehicles
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Leadership Team
2 people
Co Team
2 people
Finance and Accounting
2 people
Software Development Team
1 people
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Funding Insights of Scuter
Scuter has successfully raised a total of $3.66M across 5 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Debt – Conventional - Scuter | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - Scuter | Valuation | LVenture Group | |
| Dec, 2021 | Amount | Grant - Scuter | Valuation |
investors |
| 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 Scuter
Scuter has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Intesa Sanpaolo, Invitalia and LVenture Group. 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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Seed-stage digital startups are funded by LVenture Group.
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Founded Year | Domain | Location | |
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Venture capital and fund of funds focused on multiple sectors
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Founded Year | Domain | Location | |
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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 Scuter
| 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 - Scuter
| 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 |
Scuter Comparisons
Competitors of Scuter
Scuter 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 Niu, GO Sharing, MiMoto and GoVolt, 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 scooters are developed and fleets are provided for ride-sharing.
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| domain | founded_year | HQ Location |
Electric two-wheeler sharing is facilitated via a mobile app platform.
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| domain | founded_year | HQ Location |
Electric scooters are rented via app for Milan mobility.
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| domain | founded_year | HQ Location |
Electric scooters are shared via app in Milan.
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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 Scuter
When was Scuter founded?
Scuter was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Scuter located?
Scuter is headquartered in Rome, Italy. It is registered at Rome, Lazio, Italy.
Is Scuter a funded company?
Scuter is a funded company, having raised a total of $3.66M across 5 funding rounds to date.
What does Scuter do?
Scuter was founded in 2015 in Rome, Italy, within the urban mobility sector. An online platform is operated for renting electric scooters, which are developed in-house for the sharing service. A station-based model is employed, allowing users to pick up vehicles by submitting required details and return them at designated locations. Operations focus on sustainable short-distance transportation in urban areas.
Who are the top competitors of Scuter?
Scuter's top competitors include Niu, GO Sharing and MiMoto.
What products or services does Scuter offer?
Scuter offers Scuter App and Electric Vehicle Service.
Who are Scuter's investors?
Scuter has 5 investors. Key investors include Intesa Sanpaolo, Invitalia, LVenture Group, CDP Venture Capital, and INCENSe Accelerator.
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