About Voi
Voi is a company based in Stockholm (Sweden) founded in 2018 by Adam Jafer, Douglas Stark, Fredrik Hjelm, and Filip Lindvall.. Voi has raised $544.26 million across 14 funding rounds from investors including BCG, Kreos Capital and Balderton Capital. Voi offers products and services including Voi App, E-scooter Rental, and E-bike Rental. Voi operates in a competitive market with competitors including Bird, Dott, Circ, Qick and JoeScooter, among others.
- Headquarter Stockholm, Sweden
- Founders Adam Jafer, Douglas Stark, Fredrik Hjelm, Filip Lindvall
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Voi Technology Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$544.26 M (USD)
in 14 rounds
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Latest Funding Round
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Investors
BCG
& 35 more
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Employee Count
Employee Count
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Products & Services of Voi
Voi offers a comprehensive portfolio of products and services, including Voi App, E-scooter Rental, and E-bike Rental. 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.
Mobile app for hiring electric scooters and bikes
Service for short-term e-scooter usage in cities
Service for short-term e-bike rentals in urban areas
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Software Development Team
26 people
Operations Team
15 people
Data Analysis and Operations Team
10 people
Senior Team
9 people
Product Management Team
8 people
Head Team
7 people
Leadership Team
6 people
Human Resources and Administration
6 people
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Funding Insights of Voi
Voi has successfully raised a total of $544.26M across 14 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 14
- Last Round Last Round
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First Round
First Round
(30 Jun 2018)
- Investors Count 36
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series D - Voi | Valuation | VNV Global , Raine | |
| Mar, 2024 | Amount | Debt – Conventional - Voi | Valuation |
investors |
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| Dec, 2021 | Amount | Series D - Voi | Valuation | Raine , VNV Global |
| 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 Voi
Voi has secured backing from 36 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include BCG, Kreos Capital and Balderton Capital. 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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Investments in tech startups are managed by VNV Global.
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Founded Year | Domain | Location | |
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Multiple sectors are targeted through private equity by Raine.
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Founded Year | Domain | Location | |
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Growth equity investments are made in scaling tech companies.
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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 Voi
| 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 - Voi
| 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 |
Voi Comparisons
Competitors of Voi
Voi 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, Circ, Qick and JoeScooter, 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 |
App-based electric kick scooter rental service
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| domain | founded_year | HQ Location |
App-based electric scooter rentals for eco-friendly city travel.
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| domain | founded_year | HQ Location |
Offers shared electric scooters for convenient, sustainable city travel and environmental benefits.
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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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Latest news on Voi
Frequently Asked Questions about Voi
When was Voi founded?
Voi was founded in 2018.
Where is Voi located?
Voi is headquartered in Stockholm, Sweden.
Who is the current CEO of Voi?
Fredrik Hjelm is the current CEO of Voi. They have also founded this company.
Is Voi a funded company?
Voi is a funded company, having raised a total of $544.26M across 14 funding rounds to date. The company's 1st funding round was a Series D of $115M, raised on Jun 30, 2018.
What does Voi do?
Voi was founded in 2018 in Stockholm, Sweden, as an app-based platform in the micromobility sector. Electric kick-scooters are located and rented by users via a mobile application available for iOS. Access is gained through QR code scanning, rides are completed, and vehicles are parked at designated spots. Operations focus on urban rental services across European cities.
What products or services does Voi offer?
Voi offers Voi App, E-scooter Rental, and E-bike Rental.
Who are Voi's investors?
Voi has 36 investors. Key investors include BCG, Kreos Capital, Balderton Capital, VNV Global, and The Raine Group.
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