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Drop Mobility logo — Enabling sustainable, local, micro-mobility for cities

Drop Mobility

Enabling sustainable, local, micro-mobility for cities

Founded 2017 Canada Toronto, Canada 28 employees Growth Internet, Platforms +2

General Information

Company Name Drop Mobility
Founded Year 2017
Location Canada Toronto, Canada +2
Employees 28
Industries Internet, Platforms, Transportation +1
Funding Stage Growth
Social

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About Drop Mobility

Drop Mobility, founded in 2017, is a Canadian startup addressing urban transportation challenges through sustainable micro-mobility solutions. Their focus on replacing short car trips with electric alternatives aims to alleviate city congestion and combat climate change.

Their vertically-integrated model delivers a comprehensive offering that includes custom-built e-bikes, scooters, and trikes, alongside tailored software and ongoing operational support. Unlike others in the industry, Drop Mobility empowers partners to localize branding and operations, enhancing community integration.

Targeting key industries such as Internet, Platforms, Transportation, and Automotive, they've caught the attention of investors, with Decathlon Capital Partners leading a recent Venture Round on 24 January 2024. As they continue to expand their product line and introduce innovative ownership models, Drop Mobility is positioned to redefine urban transportation solutions worldwide.

Taxonomy: sustainable mobility, micro-mobility, electric vehicles, e-bikes, scooters, vertically-integrated solutions, shared mobility, urban transportation, local branding, two-wheeled electrification, customized software, public policy integration, operations management, ownership models, cities infrastructure

Services & Products

Internet-connected small electric vehicles
App-based sharing solutions
Real-time cloud monitoring
Turn-key operational management
Customized mobility solutions

Target Customers

City officials Transit authorities Non-profit organizations Advocacy groups Corporate campuses Community bike shops Public-private sponsor organizations

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Growth Equity Vc •••••• 1
Investor
01 Jan 2024
Seed •••••• 1
Investor
01 Apr 2021
Seed •••••• 1 •••• •••• 01 Jun 2018

Drop Mobility Alternatives & Competitors

Drop Mobility vs
Gotcha
Gotcha United States

We're a multimodal transportation firm, operating shared fleets of bikes, scooters, and low-speed el...

43 employees
Transportation, Marketing
Drop Mobility vs
Ride On
Ride On

Experience seamless urban mobility with our smart electric bike-sharing system, designed to enhance...

11-50 employees
SaaS, Transportation
Drop Mobility vs
TUGA Innovations
TUGA Innovations

Sustainable, Safe and Smart Urban Mobility Solution Services

12 employees
Also compare with: Drop Mobility vs Hergele Mobility Hergele Mobility Drop Mobility vs Hobo Hobo Drop Mobility vs Donkey Republic Donkey Republic

FAQ About Drop Mobility

Enabling sustainable, local, micro-mobility for cities
Drop Mobility was founded in 2017.
Drop Mobility is headquartered in Toronto, Canada.
Drop Mobility operates in the following industries: Internet, Platforms, Transportation, Automotive.
Drop Mobility has approximately 28 employees.
Drop Mobility has completed 3 funding rounds. The latest funding stage is Growth.
Drop Mobility offers: Internet-connected small electric vehicles, App-based sharing solutions, Real-time cloud monitoring, Turn-key operational management, Customized mobility solutions.
Top alternatives and competitors to Drop Mobility include Gotcha , Ride On, TUGA Innovations, Hergele Mobility, Hobo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Drop Mobility and Gotcha are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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