Smart mobility startups from Estonia battling global rivals

Estonia is touted to be one of the most advanced digital societies in the world. The country lets citizens access any public services within a few clicks, thanks to the progress of the internet. Now, Estonia is one of the countries that is committed to innovation and new technologies.

One of the basic ingredients of a successful economy is its well-connected transportation network. Taking this to the next level are the mobility startups based in the region. Talking about Estonia, it has many innovative and convenient transportation options with a slew of startups that work towards transforming the industry.

Like many other developed nations, Estonia also has a fair share of mobility startups that let users enjoy carpooling or ride-hailing services. These startups are detailed below as sourced from Dealroom.

Bolt (Tallinn)

Founders: Markus Villig, Martin Villig
Funding: €215 million
Founded year: 2013

Why its hot: Taxify, an Estonian ride-hailing company was rebranded Bolt earlier this year. The company offers electric scooters on a sharing platform. This mobility firm offers cars and motorbikes and is in plans to add e-scooters to its portfolio soon. It is one of the brands that want to accelerate the shift to shared and efficient electric and used vehicles. Back in November this year, Bolt launched a dedicated environmental impact fund aimed at initiatives that deliver global social and environmental benefits.

Ampler Bikes (Tallinn)

Founders: Ardo Kaurit, Hannes Laar, Rait Udumäe
Funding: €3.1 million
Founded year: 2014

Why its hot: Ampler Bikes provides electric bicycles that are lightweight, clean-looking and fun and simple to ride. In five years, the Ampler team has grown 10 times from 3 to 30 people. Now, thousands of people use Ampler bikes on a daily basis. Ampler Bikes aims to redefine the future of personal transport with its smart electric bikes that are fast and affordable. These stylish bikes address the issue of urban transportation.

Stigo (Tallinn)

Founded year: 2008

Why its hot: Stigo is a last-mile electric vehicle manufacturing company. It offers custom-design vehicles for several business sectors such as governmental institutions, mega-factories, automotive companies, retail companies, and ride-sharing. Stigo provides a fleet of unique foldable vehicles facilitating last-mile travel in urban areas. Currently, Stigo electric vehicles are available in over 30 countries across five continents.

Autolevi (Tallinn)

Founders: Tauri Kärson
Funding: €180k
Founded year: 2013

Why its hot: Autolevi is a community marketplace that lets people share cars. The company operates in Estonia, Latvia, and Finland. It provides shared cars for rent on an hourly, daily, weekly or monthly basis. Those who are interested in giving their cars for rent can sign up for free sans any annual fees and earn €500 per month for sharing the car. What’s more interesting is that the owners can set the price, decide whom they want to rent it to and when.

Main image picture credits: Bolt

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