Electric Mobility Concepts GmbH

Electric Mobility Concepts GmbH specializes in providing eco-friendly electric scooter sharing services aimed at enhancing urban mobility for users in metropolitan areas, particularly in Berlin. Electric Mobility Concepts GmbH was founded in 2015 and is headquartered in Berlin, Germany. The company operates an electric scooter sharing service, allowing users to easily rent scooters through a mobile application. Alexander Meiritz founded the company, focusing on addressing urban mobility challenges with sustainable solutions.

The firm has engaged in 6 deals with its most recent funding round being a Seed round in October 2021, where it raised USD 0. 030 mn from investors including IBB Ventures. The total amount raised by the company to date is USD 0. 030 mn, with a current valuation of USD 0.

088 mn. emmy operates a robust electric scooter sharing service designed to provide users with convenient and eco-friendly transportation options within urban areas, specifically targeting cities like Berlin. The company’s primary offering includes a fleet of over 3,800 electric scooters available for rental through the emmy mobile application, facilitating seamless access to transportation for various end-use cases. Users can easily register, verify their driver's license, and reserve scooters for their travels.

The service caters to a diverse clientele, including locals and tourists, and operates within a designated zone that encompasses several vibrant neighborhoods, enhancing urban mobility and accessibility. emmy generates revenue through a straightforward pricing structure associated with its scooter rental services. Each rental incurs a one-time activation fee of EUR 1, followed by a per-minute usage charge of EUR 0. 36.

Users can register with a one-time fee of EUR 4. 95, which includes 15 free minutes of riding time valid for three months. This transaction model is primarily direct-to-consumer, allowing customers to pay for their rides on a pay-as-you-go basis. Additionally, users may incur a parking charge of EUR 0.

19 per minute if applicable, contributing to the company's revenue. In October 2021, GoTo Mobility Ltd. agreed to acquire Electric Mobility Concepts GmbH, a move anticipated to support the company's expansion strategy. Future growth plans include exploring additional markets beyond Berlin to expand their electric scooter services, although specific geographic regions have yet to be disclosed.

The recent funding will likely facilitate the scaling of operations and the introduction of new product offerings tailored to enhance user experience in urban mobility.