Duckt Mobility

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Duckt Mobility - overview

Established

2019

Location

-, -, Estonia

Primary Industry

IT Infrastructure

About

Duckt Mobility provides innovative digital solutions for effective communication and collaboration within organizations. Their offerings enhance productivity through advanced management tools tailored for small to medium-sized enterprises. Duckt Mobility, founded in 2019 and headquartered in Estonia, specializes in digital solutions that facilitate communication within teams. The company has undergone strategic pivots to enhance its service offerings.


Çaäÿrä± Selçuklu, the founder, has a history of entrepreneurship. Duckt Mobility completed a SEED funding round in February 2022, raising EUR 0. 330 mn from InnoEnergy, bringing its total funding to EUR 0. 330 mn.


DuckT. app specializes in innovative digital solutions designed to enhance communication and collaboration within teams and organizations. Their primary offerings include an advanced project management platform that facilitates real-time collaboration, task tracking, and resource allocation. This platform is engineered to streamline workflows, improve productivity, and foster transparency among team members.


The end users of DuckT. app's services primarily consist of small to medium-sized enterprises across various sectors, including technology, marketing, and consulting. The company's products are actively marketed and sold in North America and Europe, catering to businesses seeking to improve their operational efficiency through digital tools released in recent years. DuckT.


app operates on a subscription-based revenue model, allowing clients to access their platform through various pricing tiers tailored to different user needs. The transactions typically involve direct engagement between the company and its customers, with businesses subscribing to annual or monthly plans. These plans may include features such as user management, advanced analytics, and premium support, enhancing the overall user experience. The revenue generated from these subscription services was EUR 0.


00 in 2023, with an EBITDA of EUR 380,058. 7 for the same year, underscoring the firm's operations in the digital collaboration space. In February 2022, Duckt Mobility was acquired by Acton Inc. , which aims to integrate its offerings to deliver comprehensive micro-mobility solutions on a large scale.


The latest funding will support the acceleration of product development and market expansion, focusing on enhancing existing products and introducing new solutions. Duckt Mobility plans to target further growth in North America and Europe, leveraging its innovative platform to meet the evolving needs of businesses in these regions.


Current Investors

Acton Inc.

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure

Website

www.duckt.app

Verticals

Infrastructure

Company Stage

Add-on

Total Amount Raised

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Duckt Mobility - timeline of key events

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Duckt Mobility - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Mar 20, 2023
Revenue (USD)174,927---
% Revenue Growth (YoY)----
EBITDA (USD)82,397---
Operating Income (USD)82,397---
Operating Margin47.1%---
% EBITDA Margin47.1%---
NET Income (USD)81,128---
% Net Margin46.4%---

Duckt Mobility - employee data

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