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DateInvestorsAmountRound

N/A

Seed

$550k

Seed

N/A

Seed

$3.6m

Seed

N/A

Early VC
N/A

$1.5m

Seed

N/A

Early VC

N/A

-
N/A

$25.0m

Series B

N/A

Acquisition
Total Funding$30.7m

Recent News about Scoot

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Scoot is a pioneering company in the shared electric vehicle market, offering a range of eco-friendly transportation options including electric mopeds, kick scooters, and bicycles. Operating in major urban areas such as San Francisco, Santiago, and Barcelona, Scoot provides a convenient and sustainable solution for city commuting. The company serves a diverse clientele ranging from daily commuters to tourists looking for an efficient way to explore the city.

Scoot's business model revolves around a mobile app that allows users to locate, unlock, and ride their electric vehicles. Revenue is generated through ride fees, which are typically charged on a per-minute or per-mile basis. This model not only promotes the use of electric vehicles but also supports the company's mission of reducing urban congestion and lowering carbon emissions.

By partnering with local governments and adhering to city regulations, Scoot ensures a seamless integration of its services into the urban landscape. The company also emphasizes safety, providing helmets with their mopeds and maintaining their fleet with professional servicing.

Keywords: electric mopeds, kick scooters, bicycles, urban commuting, mobile app, eco-friendly, sustainable, city transportation, shared mobility, carbon reduction.

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