This article delves into 10 new micromobility companies, specializing in a range of small, lightweight vehicles operating at low speeds, typically electric scooters, bicycles, and e-bikes. These innovators bring forward solutions such as advanced high-tech scooters and bicycles, sophisticated fleet management software, and efficient portable power solutions. The companies in this sector offer a sustainable alternative by reducing reliance on fossil fuels, alleviating traffic congestion, and lowering carbon emissions. Continue reading to gain up-to-date and data-driven insights on:
Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the micromobility industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Current Micromobility Trends: Pivotal trends include telematics, multi-modal transport, green mobility, infrastructure, and charging networks.
- Micromobility Industry Statistics: The global micromobility industry encompasses 2.8K+ organizations and has about 115.4K workforce. It is experiencing an annual growth rate of 14.37% and has seen the emergence of 700+ new micromobility companies in the past five years.
- 10 New Micromobility Companies to Watch:
- ByBike – Fleet Management Software
- TRYKE – High-tech Scooters and Bicycles
- Witty – Portable Power Solutions
- SomEV – Vehicle Purchase and Battery Leasing
- hopon – Smart Transportation
- Volektra – Smart and Connected Technology
- eVive – AI-driven E-cycles
- TREKK SCOOTERS – Electric Scooter-sharing Platform
- SCOOBY – Short-distance Micromobility
- skootel – Electric Scooter Rentals
Discover 10 out of 700+ Emerging Micromobility Companies
In this segment, we explore the 10 top micromobility companies transforming urban transportation through advancements such as vehicle purchase and battery leasing, smart transportation solutions, or smart and connected technology. These firms leverage IoT and AI to offer seamless, efficient, and eco-friendly mobility options. Continue reading to discover how these companies are setting new standards in the micromobility industry.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. ByBike
- Founding Year: 2022
- Employee Range: 11-50
- Location: Turkey
- Signal Strength: Very Strong
- What they do: ByBike focuses on software and hardware integration for urban transportation. Its platform features customized rider apps with unique branding, online invoicing, and extensive vehicle compatibility, emphasizing user convenience and operational efficiency. It offers real-time fleet tracking, operational apps for field teams, and dashboards for customer relationship and content management. ByBike benefits micromobility operators and local governments seeking efficient, scalable service models.
2. TRYKE
- Founding Year: 2019
- Employee Range: 11-50
- Location: Malaysia
- Signal Strength: Very Strong
- What they do: TRYKE provides high-tech scooters and bicycles, like the Model S4 scooter and Model B1 pedal-assisted bike, enhancing city navigation and sustainability. These vehicles incorporate advanced specifications for safety, battery range, and user experience, catering to short-distance travel needs. Through its platform, TRYKE streamlines the ride experience with features such as user-friendly registration, versatile payment options, and responsible parking guidance.
3. Witty
- Founding Year: 2020
- Employee Range: 2-10
- Location: Italy
- Signal Strength: Very Strong
- What they do: Witty develops portable power solutions with advanced energy storage technologies. Its product, Witty X, enables consumers to charge their batteries efficiently. It provides consumption predictions to inform users if they can reach their destination within the current range. Witty also offers a product for fleet managers, Witty SaaS X, which optimizes the logistics of the charging process. It uses predictive algorithms and real-time vehicle usage data to schedule charging during low activity periods and dynamically adjust charging power based on energy availability and demand. This aids in avoiding grid overload and optimizes energy resource use.
4. SomEV
- Founding Year: 2019
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: SomEV provides electric micromobility vehicles, including e-scooters, e-bikes, and e-mopeds. The company offers options for purchasing vehicles and leasing batteries, ensuring flexibility and convenience for users. With a focus on customer experience, SomEV offers test rides, maintenance, and repairs through licensed technicians. This approach addresses common barriers to electric vehicle adoption, such as range anxiety and battery lifespan.
5. hopon
- Founding Year: 2019
- Employee Range: 11-50
- Location: Saudi Arabia
- Signal Strength: Strong
- What they do: hopon reduces car usage, traffic, and carbon emissions through smart transportation solutions. It provides an app for signing up and finding an e-scooter nearby on the app’s map. Scanning the QR code unlocks the e-scooter to start the journey. The map also enables riders to locate, ride, and park the electric scooters. hopon emphasizes convenience and accessibility.
6. Volektra
- Founding Year: 2020
- Employee Range: 11-50
- Location: Germany
- Signal Strength: Medium Strong
- What they do: Volektra provides Vollkit Software Platform and Moped Vollkit Hardware advancing the electric mobility sector. The software includes the VSAC (Volektra Smart and Connected) technology that transforms vehicles into electric versions. This software connects Vollkit Hardware to phones for complete electric vehicle control, featuring real-time monitoring of battery status, speed, and customizable driving experiences. The Moped Vollkit provides high-efficiency motors, offering better power and torque ratios. Also, it incorporates controller technology for a better riding experience. These solutions benefit companies and individuals looking to transition to sustainable mobility, providing an affordable and efficient way to convert traditional vehicles into smart EVs.
7. eVive
- Founding Year: 2021
- Employee Range: 11-50
- Location: India
- Signal Strength: Medium
- What they do: eVive enhances urban mobility with AI-driven e-cycles. The company includes cost-effective commuting, health benefits, and reduced carbon footprint through features like fast charging, front suspension, disk brakes, and geo-fencing. The eVive app enhances the user experience with features like geofencing, emergency calls, and tracking bicycle, catering to modern riders’ needs for safety, efficiency, and connectivity.
8. TREKK SCOOTERS
- Founding Year: 2019
- Employee Range: 11-50
- Location: Nigeria
- Signal Strength: Strong
- What they do: TREKK SCOOTERS provides sustainable, electric scooters as a solution to urban mobility challenges. It reduces congestion and pollution in city environments. To start riding with TREKK SCOOTERS, the rider finds and unlocks a scooter nearby by scanning its QR code on the app. Further, the app provides safety tips and insists on following traffic rules, using designated lanes, and not exceeding a speed of 20 km/h for a safe journey. In addition, the company emphasizes the importance of eco-friendly transportation options that cater to the needs of city dwellers looking for reliable, efficient, and green commuting alternatives.
9. SCOOBY
- Founding Year: 2020
- Employee Range: 11-50
- Location: Egypt
- Signal Strength: Strong
- What they do: SCOOBY provides electric scooters and bikes for short-distance. It offers a ‘pay as you go’ system, allowing users to ride and park electric scooters across the city, facilitated by designated zones for added convenience. This system reduces the need for car parking, alleviating traffic congestion and minimizing air pollution as a single car space accommodates up to ten scooters. SCOOBY’s approach also promotes a more sustainable and multimodal urban mobility landscape. It also assists municipalities in managing scooter usage, emphasizing sustainability and safety.
10. skootel
- Founding Year: 2019
- Employee Range: 11-50
- Location: Puerto Rico (USA)
- Signal Strength: Very Strong
- What they do: skootel provides electric scooter rentals through an application, focusing on sustainability and urban mobility. Its app allows users to locate, unlock, and rent scooters. skootel reduces urban congestion and carbon emissions, benefiting those in densely populated areas seeking efficient, accessible travel options.
Quick Tip to Find New Micromobility Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new micromobility companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying micromobility innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the micromobility industry. The platform keeps you informed with near real-time updates on emerging micromobility companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the micromobility sector, such as electric scooter rentals, short-distance sharing rentals, or AI-driven e-cycles. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Micromobility Companies?
We’ve explored the dynamic landscape of the micromobility industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Mobility Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments.
