What is Zoomo?
Headquartered in Australia, Zoomo provides a specialized subscription-based platform for electric bikes, specifically tailored to the needs of gig workers. By offering a comprehensive service model that includes maintenance and hardware access, the company effectively lowers the barrier to entry for delivery riders while promoting the adoption of sustainable transport. Zoomo operates at the intersection of mobility technology and climate-conscious logistics, positioning itself as an essential utility for the modern gig economy. Its business model is designed to optimize fleet management for delivery platforms, ensuring high uptime and operational efficiency for its users.
How much funding has Zoomo raised?
Zoomo has raised a total of $105.5M across 4 funding rounds:
Angel/Seed
$2.5M
Series A
$11M
Unspecified
$12M
Series B
$80M
Angel/Seed (2019): $2.5M with participation from Maniv Mobility Contrarian Ventures
Series A (2020): $11M led by The Australian Clean Energy Finance Corporation, Maniv, Hana Ventures, Contrarian Ventures, OneVentures, and Viola Credit
Unspecified (2021): $12M supported by Clean Energy Finance, Contrarian Ventures, AirTree Ventures, and Maniv
Series B (2022): $80M featuring Akuna Capital, Viola Credit, ArcTern Ventures, Grok Ventures, Skip Capital, and Collaborative Fund
Key Investors in Zoomo
Maniv
Maniv Mobility is a global early-stage venture capital fund focusing on technology startups that are digitizing and decarbonizing mobility and transportation.
Viola Credit
Viola Credit is a global, technology-driven alternative credit asset manager specializing in providing flexible and tailored credit solutions for tech-driven companies.
Contrarian Ventures
Contrarian Ventures is a founder-first investment firm focused on climate tech, supporting entrepreneurs in Europe and Israel at the pre-seed and seed stages.
What's next for Zoomo?
With the recent infusion of capital, Zoomo is well-positioned to deepen its market penetration and enhance its technological infrastructure. The company is expected to focus on scaling its fleet, expanding into new geographic territories, and refining its proprietary software to better serve the evolving demands of urban logistics. As the global shift toward decarbonization intensifies, Zoomo's role in providing scalable, clean-energy mobility solutions will likely remain a focal point for future strategic partnerships and operational growth. The firm's ability to maintain its competitive edge will depend on its continued innovation in hardware durability and the expansion of its subscription ecosystem.
See full Zoomo company page
