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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
Employees 28
Industries Internet, Platforms, Transportation +1
Funding Stage Growth
Business Model B2B, White Label, Platform
Revenue Model Service Fee, Product Sales, Licensing
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.

Business keywords: 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 Undisclosed 1
Decathlon Capital
Decathlon Capital
01 Jan 2024
Seed Undisclosed 1
Firebrand Ventures
Firebrand Ventures
01 Apr 2021
Seed Undisclosed 1
Trucks Venture Capital
01 Jun 2018

Drop Mobility Alternatives & Competitors

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Drop Mobility vs
Reby
Reby Spain

Transforma tu entorno. Movilidad sostenible. ♻️ #RideReby

Debt Financing
24 employees
Platforms, Real Estate
Drop Mobility vs
Wind Mobility
Wind Mobility

Wind Mobility offers safe and eco-friendly last mile transportation to reduce traffic and emissions...

Series A
51-200 employees
Mobile, Transportation
Drop Mobility vs
Hobo
Hobo Bulgaria

Catch the buzz.

Non Equity Assistance
2 employees
Platforms, Transportation
Compare Drop Mobility vs Hobo
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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 Internet, Platforms, Transportation and Automotive. Its work centres on sustainable mobility, micro-mobility, electric vehicles and e-bikes. Its customers include City officials, Transit authorities and Non-profit organizations.
Drop Mobility has a B2B, White Label and Platform business model. Its revenue comes from Service Fee, Product Sales and Licensing.
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 Reby, Wind Mobility, Hobo, RideCommerce, Lime. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Drop Mobility and Reby 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.

Source: BounceWatch company record for Drop Mobility, https://bouncewatch.com/company/drop-mobility, updated 8 April 2026. When citing, please name BounceWatch and link this page.

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