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sigo logo — Electric Cargo Bike & E-Bike Sharing

sigo

Electric Cargo Bike & E-Bike Sharing

Founded 2017 Germany Darmstadt, Germany 18 employees Venture round Platforms, Transportation

General Information

Company Name sigo
Founded Year 2017
Location Germany Darmstadt, Germany
Employees 18
Industries Platforms, Transportation
Funding Stage Venture round
Social

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About sigo

**Sigo** is a German company based in Darmstadt, specializing in operating electric cargo bikes and e-bikes for sharing purposes. The company is one of the earliest nationwide providers of a fully automated e-cargo bike system with its inductive charging stations. Specifically designed for rentals, the bikes are equipped with high-quality technology, durability, and user-friendly features. These bikes are charged at stationary inductive stations for quick availability, and their rental process is facilitated through a mobile app, eliminating the constraints of operating hours. The company follows a B2B2C business model, targeting end-users and partners such as housing associations, municipalities, institutions, public transportation, energy providers, and project developers. Through the sharing model, sigo aims to make neighborhoods more appealing to tenants, reduce the necessity for parking spaces, and ultimately contribute to urban tranquility and environmental conservation. Established in **2017**, sigo opened its first location in Darmstadt in **February 2020** in collaboration with Nassauische Heimstätte and subsequently expanded to over 40 cities in Germany. Notably, the company received a successful acquisition by **Fanta4 GmbH** in **September 2023**, a renowned investment firm specializing in sustainable startups. The most recent **Venture Round investment** was secured on **13 February 2021** from **Hessen Kapital I GmbH**. This strategic acquisition and consistent expansion demonstrate sigo's potential for growth and innovation in the transportation industry, positioning it well for further scaling and development.

Business keywords: E-CargoBike-Sharing, E-CargoBike, E-Lastenrad, E-Bike, Smart Mobility, Sharing Economy, Mobility, Micromobility, Cargobike, Lastenrad, Verkehrswende, Wohnungswirtschaft, Quartiersentwicklung, Nachhaltigkeit, Klimaschutz

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Hessen Kapital I
13 Feb 2021

sigo Alternatives & Competitors

View All Alternatives
sigo vs
goFLUX
goFLUX Germany

Betriebliche Mobilität: Mit Corporate Carpooling zu Ihren Nach­haltig­keits­zielen! Umweltwirtschaf...

16 employees
Hospitality, Mobile
sigo vs
gobee.bike
gobee.bike

Headquartered in Hong Kong with global operations, gobee.bike is the leading station-less bike shari...

Series A
4 employees
Platforms, Sports
sigo vs
Joyride
Joyride Canada

The leading platform for connected, keyless and trackable mobility. Smart vehicles led by intelligen...

Series A
42 employees
Platforms, SaaS
View all alternatives

FAQ About sigo

Electric Cargo Bike & E-Bike Sharing
sigo was founded in 2017.
sigo is headquartered in Darmstadt, Germany.
sigo operates in Platforms and Transportation. Its work centres on E-CargoBike-Sharing, E-CargoBike, E-Lastenrad and E-Bike.
sigo has approximately 18 employees.
sigo has completed 1 funding round. The latest funding stage is Venture round.
Top alternatives and competitors to sigo include goFLUX, gobee.bike, Joyride, Wicked Ride, MUVO . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
sigo and goFLUX 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 sigo, https://bouncewatch.com/company/sigo, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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