Avocargo - About the company
Avocargo is a seed company based in Berlin (Germany), founded in 2021 by Loïc Pinel, Marc Shakory Tabrizi and Matti Schurr. It operates as a Provider of electric cargo bike subscription service with inclusive features. Avocargo has raised an undisclosed amount in funding from investors like WestTech Ventures, EXXETA and InnoEnergy. The company has 49 active competitors, including 9 funded and 4 that have exited. Its top competitors include companies like Baaz, Vok Bikes and VUF Bikes.
Company Details
Provider of electric cargo bike subscription service with inclusive features. The service offers customizable cargo bikes suitable for family needs. The subscription includes insurance coverage and repair services. The company aims to provide an alternative mobility solution.
- Website
- www.avocargo.one/
- Social
- Email ID
- *****@avocargo.one
Key Metrics
Founded Year
2021
Location
Berlin, Germany
Stage
Seed
Latest Funding Round
Investors
Ranked
27th among 49 active competitors
Employee Count
1 as on Sep 30, 2026
Legal entities associated with Avocargo
Avocargo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AVO Mobility GmbH CIN: HRB228776 , Germany, Active | Dec 31, 2020 | - | - |
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Avocargo's funding and investors
Avocargo has raised funding over 1 round. Its latest funding round was a Seed round on Nov 22, 2021 for $*****. 6 investors participated in its latest round. Avocargo has 4 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Avocargo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 22, 2021 | 8447150 | Seed | 8913985 | 6426100 | 5198681 | 6086181 |
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Avocargo's founders and board of directors
Founder? Claim ProfileThe founders of Avocargo are Loïc Pinel, Marc Shakory Tabrizi and Matti Schurr. Marc Shakory Tabrizi is the CEO of Avocargo.
Here are the details of Avocargo's key team members:
- Loïc Pinel: CTO, Co-founder of Avocargo and founder of 1 other company.
- Marc Shakory Tabrizi: Co-Founder & CEO of Avocargo.
- Matti Schurr: CEO and Co-Founder of Avocargo.
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Avocargo's employee count trend
Avocargo has 1 employees as of Sep 26. Here is Avocargo's employee count trend over the years:
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Avocargo's Competitors and alternates
Top competitors of Avocargo include Baaz, Vok Bikes and VUF Bikes. Here is the list of Top 10 competitors of Avocargo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of electric scooters and provider of battery swapping infrastructure | $13.2M | 59/100 | ||
2nd | Retailer of electric bikes and related accessories for personal transport | $11.1M | 56/100 | ||
3rd | Developer of cargo electric bicycles | $4.46M | 40/100 | ||
4th | Velove Bikes 2015, Gothenburg (Sweden), Seed | Cargo bicycle and green cargo transportation vehicles | $1.12M | 37/100 | |
5th | Developer of electric bike trailers for last-mile cargo transportation | $2.01M | 36/100 | ||
6th | A technology company providing sustainable logistics platform, designing and developing electric cargo two-wheelers | - | - | 31/100 | |
7th | Zhero 2019, London (United Kingdom), Unfunded | Provider of last-mile logistics solutions focusing on carbon-neutral emissions | - | - | 30/100 |
8th | Offers a platform providing delivery services through cargo bikes | - | - | 30/100 | |
9th | Ebike4Delivery 1998, Nijmegen (Netherlands), Acquired | Developer of customized electric bicycles for delivery companies | - | - | 28/100 |
10th | Cargodale 2020, Hebden Bridge (United Kingdom), Unfunded | A delivery service company offering groceries and other local products delivered by cargo bike | - | - | 27/100 |
27th | Provider of electric cargo bike subscription service with inclusive features | - | 21/100 |
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Avocargo's Investments and acquisitions
Avocargo has made no investments or acquisitions yet.
Reports related to Avocargo
Here is the latest report on Avocargo's sector:
News related to Avocargo
•
Avocargo e-cargo-bike sharing company receives 7-figure investmentApex-Insight•Nov 24, 2021•Avocargo
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FAQs about Avocargo
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