SWITCH
Smartly connects drivers of shared cars with people needing a free-floating shared car so they can save money and time either looking for an available parking slot or an available vehicle.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
* | N/A | €218k | Grant |
| Total Funding | 000k | ||
| EUR | 2020 | 2021 | 2022 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | (2199 %) |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | - | - | (2720 %) |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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SWITCH is a pioneering company focused on revolutionizing urban mobility and logistics through advanced AI-powered simulations and optimization algorithms. Founded by Matteo Forte and Nunzio Gianfelice, SWITCH serves a diverse range of urban mobility stakeholders, including fleet managers, operations managers, and city planners. The company operates in the urban mobility market, providing tailored solutions that leverage granular urban data and machine learning to optimize vehicle distribution, fleet sizing, and infrastructure planning, such as parking logistics hubs and EV charging stations. SWITCH's business model revolves around offering these AI-driven solutions to improve demand forecasting, fleet rebalancing, and operations optimization, thereby enhancing the overall mobility and logistics experience for both providers and users. The company generates revenue through the sale of its software solutions and consulting services, targeting urban mobility providers and third-party logistics (3PL) companies.
Keywords: AI simulations, urban mobility, fleet management, logistics optimization, machine learning, demand forecasting, infrastructure planning, vehicle distribution, EV charging, 3PL.