About YEGO
YEGO is a company based in Barcelona (Spain) founded in 2016.. YEGO has raised $8.98 million across 2 funding rounds from investors including Ponooc. YEGO offers products and services including YEGO App, Driving Lesson Service, and Gift Card. YEGO operates in a competitive market with competitors including Cooltra, looper, Motit, Muving and eCooltra, among others.
- Headquarter Barcelona, Spain
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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 Yego Urban Mobility Sl
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.98 M (USD)
in 2 rounds
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Latest Funding Round
$8.5 M (USD), Series A
Jul 14, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of YEGO
YEGO offers a comprehensive portfolio of products and services, including YEGO App, Driving Lesson Service, and Gift Card. 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 booking electric vehicle rides in urban areas.
Service for booking lessons on electric vehicle operation.
Digital card for purchasing rides or services through app.
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Funding Insights of YEGO
YEGO has successfully raised a total of $8.98M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.5 million completed in July 2020. 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 2
- Last Round Series A — $8.5M
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First Round
First Round
(15 May 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series A - YEGO | Valuation | Ponooc |
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| May, 2018 | Amount | Seed - YEGO | Valuation |
investors |
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| 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 YEGO
YEGO has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ponooc. 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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Venture capital investments are focused on sustainable mobility and energy.
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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 YEGO
| 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 - YEGO
| 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 |
Yego Comparisons
Competitors of YEGO
YEGO 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 Cooltra, looper, Motit, Muving and eCooltra, 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 |
Self-drive electric scooters are rented via a mobile app.
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| domain | founded_year | HQ Location |
An app-based platform for renting four-wheeler electric scooters.
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| domain | founded_year | HQ Location |
Electric scooters are rented via an online platform in Europe.
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| domain | founded_year | HQ Location |
E-bikes are rented via an online platform and mobile app.
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| domain | founded_year | HQ Location |
Provides app-based rental of scooters and bikes by minutes, hours, days, and months.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 YEGO
When was YEGO founded?
YEGO was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is YEGO located?
YEGO is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Is YEGO a funded company?
YEGO is a funded company, having raised a total of $8.98M across 2 funding rounds to date. The company's 1st funding round was a Seed of $480.85K, raised on May 15, 2018.
What does YEGO do?
YEGO was founded in 2016 in Barcelona, Spain, as an app-based platform in the urban mobility sector. Electric scooters, kick scooters, and bicycles are provided for rental, with vehicles located, unlocked, and accessed via a mobile application available on Android and iOS. Multiple payment options are supported, along with services for businesses. Rides are designed to be eco-friendly, and vehicles can be parked at convenient spots without obstructing pedestrian areas.
What products or services does YEGO offer?
YEGO offers YEGO App, Driving Lesson Service, and Gift Card.
Who are YEGO's investors?
YEGO has 1 investor. Key investors include Ponooc.
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