Cityscoot
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 7.4m | 16.7m | 21.9m | 25.4m | 27.0m | 30.1m | 30.1m |
% growth | 365 % | 126 % | 31 % | 16 % | 6 % | 11 % | - |
EBITDA | (2.7m) | (3.2m) | (9.2m) | - | - | - | - |
% EBITDA margin | (37 %) | (19 %) | (42 %) | - | - | - | - |
Profit | (3.7m) | (5.2m) | (12.6m) | - | - | - | - |
% profit margin | (51 %) | (31 %) | (58 %) | - | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Angel | |
* | €15.0m | Series A | |
* | €40.0m | Series B | |
* | €23.6m | Series C | |
* | N/A | N/A | Bankruptcy |
* | N/A | Acquisition | |
Total Funding | €78.6m |
Related Content
Recent News about Cityscoot
EditCityscoot operates a shared electric moped service across major European cities including Paris, Milan, Barcelona, Nice, and Bordeaux. The company provides an app-based platform where users can book electric mopeds with just one click, offering a convenient and eco-friendly transportation option. The service is designed for urban commuters and tourists who seek flexible, on-demand mobility without the need for subscriptions or long-term commitments. Cityscoot's business model is based on a pay-as-you-go system, allowing users to pay only for the time they use the mopeds. This model not only attracts occasional riders but also appeals to those who prefer not to invest in personal vehicles. The company generates revenue through per-minute usage fees, making it a scalable and sustainable business. Cityscoot also offers free driving lessons to ensure user safety and confidence, particularly for beginners. The market for shared electric mopeds is growing, driven by increasing urbanization, environmental concerns, and the demand for flexible transportation solutions. Cityscoot is well-positioned to capitalize on these trends with its user-friendly app, extensive fleet, and commitment to safety.
Keywords: electric mopeds, shared mobility, urban transportation, app-based booking, pay-as-you-go, eco-friendly, no commitment, free driving lessons, European cities, scalable business.