French startup Cityscoot is one of the leading scooter-sharing service providers in the country. Founded by Bertrand Fleurose in 2014, the company now operates in Paris, Nice, Milan, and Rome. Users can book scooters through their official app with just three clicks. Back in October 2019, Cityscoot teamed up with Uber to let commuters in Paris book e-mopeds and pay directly via the latter’s app.
Secures €23.6M funding
In a recent development, Cityscoot secured $25.6 million (nearly €23.6 million) funding from Allianz France and Demeter. Even its existing investors such as Groupe RATP and Banque des Territoires have taken part in the investment round. With the investment, the company aims to open its service in two new European cities in 2020 and increase its fleet to have 8,000 electric mopeds.