Rabbit Mobility
Micro-mobility sharing platform offering environmentally friendly transportation solutions for short-distance travel in urban areas.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | $1.3m | Series A | |
| Total Funding | 000k | ||
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Rabbit Mobility is an innovative clean-tech transportation company based in Egypt, pioneering micro-mobility solutions in North Africa. Founded in 2020, the company offers a fleet of electric scooters and bikes for short-distance transportation in urban areas, accessible through a user-friendly mobile app.
Rabbit's service operates on two main models: the traditional "Unlock & Go" for immediate short-term use, and the unique "Day Rentals" option where users can request a vehicle for a minimum of two days with doorstep delivery. This flexibility caters to various transportation needs and preferences.
The company has shown impressive growth, with over 450,000 users completing more than 1,000,000 rides. Rabbit's commitment to sustainability is evident in their tracking of environmental impact, having saved over 50,000 kg of CO2 emissions.
Rabbit has secured significant funding, including a recent $1.3 million investment round, to fuel its expansion across Egypt and into other North African markets. The company's innovative approach to urban mobility, coupled with its focus on sustainability and user experience, positions it as a key player in the region's evolving transportation landscape.