Kite Mobility

Kite Mobility

Provides immediate access to electric mobility options from the convenience of their buildings. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$10—15m (Dealroom.co estimates Aug 2023.)
Toronto Ontario (HQ)
  • Edit
DateInvestorsAmountRound
*

N/A

Seed
*

CAD3.5m

Seed
Total Funding$2.6m

Recent News about Kite Mobility

Edit
More about Kite Mobilityinfo icon
Edit

Kite Mobility operates in the sustainable transportation market, providing electric mobility solutions tailored for residents and guests of residential buildings. The company offers a variety of electric vehicle types, accessible through a user-friendly app, ensuring no crowds, no waiting for drivers, no shared rides, and zero emissions. Kite's business model is based on a pay-as-you-go system, offering competitive rates compared to other available options. This model allows users to control their transportation costs while contributing to sustainability goals. Kite primarily serves property owners, real estate developers, and residential communities looking to enhance their amenities and meet city sustainability mandates. By integrating with like-minded organizations, Kite aims to solve transportation and sustainability challenges within properties and communities. The company generates revenue through usage fees paid by the end-users, making electric mobility both convenient and accessible.

Keywords: electric mobility, sustainable transportation, residential amenities, pay-as-you-go, zero emissions, user-friendly app, property integration, competitive rates, city mandates, transportation solutions.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.