What is Cityscoot?
Cityscoot operates as a prominent player in the shared electric mobility market, providing a fleet of electric scooters designed to address the complexities of modern urban transportation. By integrating advanced telematics and a user-centric mobile application, the company facilitates seamless, on-demand transit solutions that reduce reliance on traditional automotive transport. Its market position is bolstered by strategic partnerships with public transit authorities and private infrastructure providers, allowing for a highly integrated service model that aligns with broader smart city initiatives and sustainable urban development goals.
How much funding has Cityscoot raised?
Cityscoot has raised a total of $140.6M across 4 funding rounds:
Series A
$17.7M
Series B
$47.2M
Unspecified
$50M
Series C
$25.6M
Series A (2016): $17.7M with participation from Avolta Partners and Caisse des Dépôts
Series B (2018): $47.2M led by RATP Capital Innovation, LeasePlan, and Caisse des Dépôts
Unspecified (2018): $50M supported by LeasePlan, RATP Capital Innovation, Inventure Partners, and Caisse des Dépôts
Series C (2020): $25.6M featuring Banque des Territoires, Allianz France, Demeter, and Groupe RATP
Key Investors in Cityscoot
Caisse des Dépôts
Caisse des Dépôts et Consignations serves as a public investment manager overseeing government-backed funds and long-term projects, including urban development and infrastructure initiatives.
Avolta Partners
Avolta Partners is a specialized advisory firm providing independent M&A and corporate finance expertise to high-growth technology companies across Europe.
Inventure Partners
Inventure Partners is an innovative venture capital fund focused on backing disruptive technology startups that solve market inefficiencies through novel business models.
What's next for Cityscoot?
With the recent influx of capital, Cityscoot is well-positioned to accelerate its geographic footprint and optimize its fleet management capabilities. The strategic focus will likely shift toward deepening its integration with existing public transport networks and enhancing the efficiency of its charging infrastructure. As the company moves into this next phase of development, it will prioritize operational excellence and the deployment of next-generation hardware to maintain its competitive edge in the rapidly evolving micromobility landscape. Continued investment in data-driven logistics will be critical to managing fleet density and improving user accessibility in high-demand metropolitan corridors.
See full Cityscoot company page
