Spiders Mobility

Jeddah, Saudi Arabia Founded: 2021 • Age: 5 yrs
Electric kick-scooters are shared through an app-based platform.
Annual revenue - Latest available
Total funding $1.4M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About Spiders Mobility

Spiders Mobility is a company based in Jeddah (Saudi Arabia) founded in 2021 by Majd Baik, Abdullah Alsharif, and Sultan Aswani. Spiders Mobility has raised $1.4 million across 1 funding round from investors including Watheeq. Spiders Mobility operates in a competitive market with competitors including Dott, Wee, Dabeeb, Echo City and Ridelly, among others.

  • Headquarter Jeddah, Saudi Arabia
  • Founders Majd Baik, Abdullah Alsharif, Sultan Aswani
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.4 M (USD), Seed

    Mar 28, 2022

  • Investors
  • Employee Count
    Not available
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Funding Insights of Spiders Mobility

Spiders Mobility has successfully raised a total of $1.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.4 million completed in March 2022. 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 Spiders Mobility

Spiders Mobility has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Watheeq.

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Institutional
Investor Description Founded Year Domain Location
Operates as an asset management firm providing strategic investment solutions.
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Investor details for Spiders Mobility

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Investments & Acquisitions by Spiders Mobility

Investments
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Investment portfolio details for Spiders Mobility

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Financial Statements - Spiders Mobility

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Detailed financials for Spiders Mobility

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Spiders Mobility Comparisons

Spiders Mobility Primary company
Description
Electric kick-scooters are shared through an app-based platf...
Location
Jeddah, Saudi Arabia
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Spiders Mobility

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Competitors of Spiders Mobility

Spiders Mobility 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 Dott, Wee, Dabeeb, Echo City and Ridelly, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
App-based platform offering electric kick scooter rental services
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Electric kick-scooters are rented via a mobile app platform.
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Offers electric kick-scooter rental services for convenient urban travel.
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An app-based platform for renting electric kick scooters.
Locked Locked Locked
Operates an app-based platform for renting electric kick scooters.
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Detailed competitors of Spiders Mobility

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Latest news on Spiders Mobility

SPIDERS Closes $1.4M Pre-Seed
Magnitt4 years ago
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Complete news archive for Spiders Mobility

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Frequently Asked Questions about Spiders Mobility

Spiders Mobility was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Spiders Mobility is headquartered in Jeddah, Saudi Arabia. It is registered at Jeddah, Makkah Region, Saudi Arabia.

Majd Baik is the current CEO of Spiders Mobility. They have also founded this company.

Spiders Mobility is a funded company, having raised a total of $1.4M across 1 funding round to date.

Founded in 2021 in Jeddah, Saudi Arabia, the platform operates in the mobility sector by providing electric kick-scooter sharing services. Users locate nearby vehicles, book rides, and unlock them via mobile apps compatible with Android and iOS. Online payments are facilitated, and scooters must be parked at designated spots upon completion. Core features include vicinity-based searches to support urban transportation needs.

Spiders Mobility's top competitors include Dott, Wee and Dabeeb.

Spiders Mobility has 1 investor. Key investors include Watheeq.

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