How Much Did Cogo Raise?
Funding & Key Investors

Cogo, a Denmark-based mobility platform, has secured significant enterprise-level funding, with its total funding reaching $2M. The company recently announced a major strategic investment of $800K, underscoring its growth trajectory in the competitive shared mobility market. This latest capital infusion is expected to accelerate Cogo's expansion and enhance its technological capabilities.

What is Cogo?

Cogo
SoftwareMobile App Development

Cogo operates a comprehensive mobile application designed to aggregate all shared mobility options into a single, user-friendly platform. Users can discover and access a wide array of services, including shared bikes, electric scooters, and cars, streamlining urban transportation. Established in 2020, Cogo aims to simplify multimodal commuting by providing a unified discovery and booking experience for various shared transport modes, thereby promoting more efficient and sustainable urban mobility.

How much funding has Cogo raised?

Cogo has raised a total of $2M across 2 funding rounds:

2021

Other Financing Round

$1.2M

2022

Unspecified

$800K

Other Financing Round (2021): $1.2M with participation from Jens Willumsen, Pia Vemmelund, and Thomas Weikop

Unspecified (2022): $800K led by EIT Urban Mobility and Morph Capital

Key Investors in Cogo

EIT Urban Mobility

EIT Urban Mobility is dedicated to decarbonising the mobility sector and promoting sustainable urban mobility. The company connects a wide range of stakeholders, including public administrations, academia, and startups, to accelerate innovation and commercialization in the mobility market.

Morph Capital

Co-creating and investing in companies whose founders we believe in, to help them reach the next level faster.

What's next for Cogo?

With the recent injection of major strategic capital, Cogo is poised for significant scaling and market penetration. The company's focus on consolidating the fragmented shared mobility landscape positions it for substantial growth. Future developments are likely to involve expanding its service offerings, forging new partnerships with mobility providers, and enhancing its platform's user experience and technological infrastructure. This strategic financing will be crucial in solidifying Cogo's position as a leader in integrated urban mobility solutions.

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Frequently Asked Questions Regarding Cogo Financial Insights

What are the most recent funding rounds that Cogo has completed, and what were the funding rounds?
Cogo has recently completed 2 funding rounds: Unspecified on Sep 8, 2022, Other Financing Round on Apr 9, 2021.
What is the total amount of funding Cogo has raised to date?
Cogo has raised a total of $2M in funding to date.
How many funding rounds has Cogo completed?
Cogo has completed 2 funding rounds.
How much funding did Cogo raise in its most recent funding round?
Cogo raised $800K in its most recent funding round.
Who are the lead investors in Cogo's latest funding round?
The lead investor in Cogo's latest funding round was EIT Urban Mobility. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cogo's history?
The largest funding round in Cogo's history was $1.2M.
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