About Skip
Skip is a Transportation, Automotive & Logistics company based in Arlington (United States) founded in 2017, and was acquired by Helbiz in December 2020. Online platform for e-scooters rentals. Skip has raised $31 million across 4 funding rounds from investors including Accel, Helbiz and Toyota Ventures. The company was acqui-hired. Its focus areas include Energy Tech, Electric Vehicles, Vehicle as a Service and Kick Scooters. Its competitors include Bird, Spin and Fenix; 3 of its 3 listed competitors have raised funding.
Company details
Skip was founded in 2017 in Arlington, United States, within the urban mobility sector. An online platform is operated to enable users to locate and book available e-scooters through a mobile app. Rides are initiated and ended by scanning QR codes on the vehicles, with charges applied based on distance traveled. The app is supported on both Android and iOS devices.
- Headquarters Arlington, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website rideskip.com
- Social LinkedIn
- Acquired by Helbiz (Dec 2020)
Funding Insights of Skip
Skip has successfully raised a total of $31M across 4 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 $31M
- Total Rounds 4
- First Round $6M
(May 2018)
- Investors Count 7
All 4 funding rounds of Skip 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 2019 | Series A | – | Toyota AI Ventures | – | |
| Dec 2018 | $100M | Debt – Conventional | – | – | – |
| Jun 2018 | $25M | Series A | – | Menlo Ventures, Y Combinator | – |
| May 2018 | $6M | Seed | – | Initialized Capital, A.Capital Ventures |
8 investors in total: 8 institutional.
Investors in Skip
Skip has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Accel, Helbiz and Toyota Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments are made in innovative technologies by Toyota Ventures. | toyota-ai.ventures | Los Altos, United States | ||
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | menlovc.com | |||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Seed and early-stage technology investments are managed by the firm. | initialized.com | San Francisco, United States | ||
Early-stage companies are invested in by A.Capital Ventures. | acapital.com | Menlo Park, United States | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Multi-category two-wheeler sharing services are provided through a mobile app. | 2016 | helbiz.com | New York, United States |
Investor details for Skip
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People of Skip
9 people are tracked at Skip (6 in leadership, 1 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Giulio Profumo | CFO | Leadership |
Salvatore Palella | CEO | Leadership |
Jonathan Hannestad | COO | Leadership |
Lorenzo Speranza | Chief Project Economist | Leadership |
Nemanja Stancic | CTO | Leadership |
Ruggero Cipriani | Chief Marketing Officer | Leadership |
Bita Sarah Haynes | Co-Founder | Board & advisors |
Samantha Valdes | Operations and Logistics Coordinator | Team |
Nick Rose Ntertsas | Advisor | Team |
Complete people profiles for Skip
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Timeline of Skip
4 dated milestones of Skip across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Skip is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series A,.
- Exit Acquired by Helbiz.
Competitors of Skip
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bird.co | 2017 | Miami, United States | $765M | 428 | Electric kick-scooters are rented through an app-based platform. | |
| spin.app | 2016 | San Francisco, United States | $8M | 347 | Electric kick-scooters are shared via an app-based platform. | |
| fenix.life | 2020 | San Carlos, United States | $5M | Electric kick-scooters are shared via an app-based platform. |
Detailed competitors of Skip
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Skip (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Skip
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Frequently Asked Questions about Skip
Skip was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Skip is headquartered in Arlington, United States. It is registered at Arlington, Virginia, United States.
Skip is a funded company, having raised a total of $31M across 4 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on May 2018.
Skip was founded in 2017 in Arlington, United States, within the urban mobility sector. An online platform is operated to enable users to locate and book available e-scooters through a mobile app. Rides are initiated and ended by scanning QR codes on the vehicles, with charges applied based on distance traveled. The app is supported on both Android and iOS devices.
Skip has 8 investors. Key investors include Accel, Helbiz, Toyota Ventures, Menlo Ventures, and Y Combinator.
Yes. Skip was acquired by Helbiz in December 2020.