Fifteen (ex-Zoov)
Fifteen (ex-Zoov) offers a sustainable, data driven and connected e-bike sharing solution
https://fifteen.eu
Activity
Green Mobility
Stage at investment
Seed & Pre-Series A
Employees
142
What is Fifteen (ex-Zoov)?
Fifteen (ex-Zoov) offers a sustainable e-bike sharing service.
Business and value proposition
Fifteen (formerly known as Smoove & Zoov) is the first ebike-sharing service that respects public roads with its lightweight, ultra-compact stations in the densest areas.
Fifteen builds an intelligent electric bike fleet, together with its charging & parking optimized facilities, to create the leading shared electric bike community in Europe. The company tackles not only the inner city transportation market but also the home-work commutes for cities above 200k inhabitants globally.
Why we invested ?
The European Union has projected an increase of 50% in cycle usage and expects this to represent at least 12% of the transport modal split in the following decade. The arrival of qualitative and affordable electric bikes will increase this tendency, as bikes can be used for home-work commutes from suburban areas to city centers, easily reaching up to 10km per ride. Fifteen (ex-Zoov), taking on this market, will be able to offer a better and smarter bike network, capable of addressing both the inner city market as well as the untapped home-work commutes. On top of this, the company will be able to convince elected officials in Europe to facilitate their bike network installation, thanks to their efficient parking solution, qualitative and secure bike fleet and electrical capacity. Hang on, we’re not even done yet! In addition, the company is offering a significantly better service to bikers, due to their proprietary design of their products and data leverage to improve them over time. Last, but not least, Fifteen (ex-Zoov) will develop aggressively without being too capital intensive, thanks to their B2B go-to-market strategy and the fleet management optimization. It speaks for itself - all these advantages are built for Fifteen (ex-Zoov) to become the European winner.
The story behind Fifteen (ex-Zoov)
Geographical footprint
