About Zoomo
Zoomo is a company based in Sydney (Australia) founded in 2017.. Zoomo has raised $80.5 million across 8 funding rounds from investors including Sgfleet, MUFG Campus and Akuna Capital. Zoomo offers products and services including E-Bike Rental, E-Bike Purchase, and Aftersales Service. Zoomo operates in a competitive market with competitors including Cooltra, Niu, Cityscoot, Scoot Networks and YEGO, among others.
- Headquarter Sydney, Australia
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$80.5 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
Sgfleet
& 17 more
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Employee Count
Employee Count
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Products & Services of Zoomo
Zoomo offers a comprehensive portfolio of products and services, including E-Bike Rental, E-Bike Purchase, and Aftersales 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.
Platform for renting e-bikes directly to users for short-term use
Service for buying e-bikes online with global delivery options
Post-purchase support for e-bike maintenance and repairs
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Funding Insights of Zoomo
Zoomo has successfully raised a total of $80.5M across 8 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 8
- Last Round Last Round
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First Round
First Round
(18 Nov 2019)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series B - Zoomo | Valuation | Sgfleet |
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| Feb, 2022 | Amount | Series B - Zoomo | Valuation | Collab Fund | |
| Nov, 2021 | Amount | Debt – Conventional - Zoomo | 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 Zoomo
Zoomo has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Sgfleet, MUFG Campus and Akuna 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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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Investments are made in early-stage technology companies globally.
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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 Zoomo
| 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 - Zoomo
| 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 |
Zoomo Comparisons
Competitors of Zoomo
Zoomo 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, Niu, Cityscoot, Scoot Networks and YEGO, 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 |
Electric scooters are developed and fleets are provided for ride-sharing.
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| domain | founded_year | HQ Location |
Dockless electric scooters are rented via mobile app in France.
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| domain | founded_year | HQ Location |
Electric kick scooters are shared through a mobile app platform.
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| domain | founded_year | HQ Location |
Electric scooters and bikes are rented through a mobile app.
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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 Zoomo
Frequently Asked Questions about Zoomo
When was Zoomo founded?
Zoomo was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Zoomo located?
Zoomo is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is Zoomo a funded company?
Zoomo is a funded company, having raised a total of $80.5M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $30M, raised on Nov 18, 2019.
What does Zoomo do?
Zoomo was founded in 2017 in Sydney, Australia, within the urban mobility sector. Electric bicycles equipped with electronic locks, GPS tracking, alarms, integrated lights, fast charging, rear racks, and suspensions are produced. These vehicles are made available for purchase or rental via the companys website, with maintenance and repair services provided. Operations target couriers, daily commuters, and corporate clients.
Who are the top competitors of Zoomo?
Zoomo's top competitors include Cooltra, Niu and Scoot Networks.
What products or services does Zoomo offer?
Zoomo offers E-Bike Rental, E-Bike Purchase, and Aftersales Service.
Who are Zoomo's investors?
Zoomo has 18 investors. Key investors include Sgfleet, MUFG Campus, Akuna Capital, WIND Ventures, and Collab Fund.