Drop Mobility

Enabling sustainable, local, micro-mobility for cities

General Information
Company Name
Drop Mobility
Founded Year
2017
Location (Offices)
Toronto, Canada +2
Founders / Decision Makers
Number of Employees
24
Industries
Internet, Platforms, Transportation +1
Funding Stage
Series Unknown
Social Media

Drop Mobility - Company Profile

Drop Mobility is a Canadian startup founded in 2017 with the slogan "Enabling sustainable, local, micro-mobility for cities." The company is dedicated to addressing the challenges of climate change and congested city infrastructure by replacing short car trips with smaller electric vehicles. Their goal is to transform the way millions of people move in cities worldwide. The company specializes in building best-in-class e-bikes, scooters, trikes, and customized software, offering a vertically-integrated micro-mobility sharing solution for city and institutional partners. This includes system design, hardware and software, ongoing support, public policy, and operations management. Notably, Decathlon Capital participated in the company's last Venture Round investment on 24 January 2024. Drop Mobility differentiates itself by enabling partners to locally brand and operate their systems, believing that a more tailored approach is better for the communities they serve. Additionally, the company is constantly expanding its line of products and exploring new ownership models to make micro-mobility more accessible to a wider audience. With a strong focus on sustainability and innovation, Drop Mobility is poised to make a significant impact on the future of urban transportation.

Taxonomy: micro-mobility, electric vehicles, urban transportation, e-bikes, scooters, innovation, city infrastructure, public policy, operations management, community-centric, ownership models, urban mobility, environmental responsibility

Funding Rounds & Investors of Drop Mobility (3)

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Funding Stage Amount No. Investors Investors Date
Venture Round Unknown 1 Decathlon Capital Partners 24 Jan 2024
Seed Round Unknown 1 15 Apr 2021
Seed Round Unknown 2 13 Jun 2018

Latest News of Drop Mobility

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No recent news or press coverage available for Drop Mobility.

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