When was Rabbit founded?

Rabbit was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is Rabbit located?

Rabbit is headquartered in Cairo, Egypt.

Who is the current CEO of Rabbit?

Kamal ElSoueni of Rabbit. They have also founded 1 company.

How many employees does Rabbit have?

As of May 31, 2026, the latest employee count at Rabbit is 67.

Is Rabbit a funded company?

Rabbit is a funded company, having raised a total of $2.2M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 04, 2022.

When was the latest funding round of Rabbit?

Rabbit's latest funding was a $***** Seed round on Oct 15, 2024, with participation from 2 investors.

Where does Rabbit rank among its competitors?

Rabbit ranks 2nd amongst 4 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Rabbit, which secured $1.3M in Oct, 2024.

Who are the top competitors of Rabbit?

Rabbit's top competitors include TIER, Vesstoss and Carre Mobility. Among them, Rabbit secured the most recent funding round in October, 2024.

Rabbit - 2026 Company Profile, Team, Funding & Competitors

Rabbit is a seed company based in Cairo (Egypt), founded in 2018 by Kamal ElSoueni and Bassem Magued. It operates as an Operator of a micro-mobility sharing platform offering electric vehicle rentals. Rabbit has raised $2.2M in funding from 500 Global. The company has 4 active competitors, including 3 that are funded. Its top competitors include companies like TIER, Vesstoss and Carre Mobility.

Company Details

Operator of a micro-mobility sharing platform offering electric vehicle rentals. The platform provides short-distance transportation using electric scooters and bikes. Users can unlock vehicles via a mobile application for immediate use. The company also offers a rental service delivering vehicles for longer periods.

Key Metrics

Founded Year

2018

Location

Cairo, Egypt

Stage

Seed

Total Funding

$2.2M in 2 rounds

Latest Funding Round

Seed, Oct 15, 2024, $*****

Investors

500 Global & 2 more

Ranked

2^nd among 4 active competitors

Employee Count

67 as on May 31, 2026

Similar Companies

Bird & 251 more

View Rabbit's full profile

Rabbit has raised a total funding of $2.2M over 2 rounds. Its first funding round was on Oct 04, 2022. Its latest funding round was a Seed round on Oct 15, 2024 for $*****. 2 investors participated in its latest round. Rabbit has 3 institutional investors.

Here is the list of recent funding rounds of Rabbit:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 15, 2024	5245961	Seed	2404849	2823908	7355894	3661988
Oct 04, 2022	5052933	Seed	1355513	1132430	500 Global	2151876

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View details of Rabbit's funding rounds and investors

The founders of Rabbit are Kamal ElSoueni and Bassem Magued. Kamal ElSoueni is the CEO of Rabbit.

Here are the details of Rabbit's key team members:

Kamal ElSoueni: Co-Founder & CEO of Rabbit.
Bassem Magued: Co-Founder and Chief Technology Officer of Rabbit.

View details of Rabbit's Founder profiles and Board Members

Rabbit's employee count trend

Rabbit has 67 employees as of May 26. Here is Rabbit's employee count trend over the years:

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Top competitors of Rabbit include TIER, Vesstoss and Carre Mobility. Here is the list of Top 10 competitors of Rabbit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TIER 2018, Berlin (Germany), Series D	Operator of shared electric scooters and bicycles for urban transit	$660M	Mubadala, SoftBank Vision Fund & 27 others	67/100
2nd	Rabbit 2018, Cairo (Egypt), Seed	Operator of a micro-mobility sharing platform offering electric vehicle rentals	$2.2M	500 Global, Untapped Global & 1 others	53/100
3rd	Vesstoss 2020, Cairo (Egypt), Funding Raised	App-based electric kick-scooter rental platform	-	StartEgypt	27/100
4th	Carre Mobility 2020, Berlin (Germany), Seed	Provider of mobility solutions for residential companies and neighborhood integration	-	Techstars	24/100
5th	SCOOBY Mobility 2021, Cairo (Egypt), Deadpooled	App-based platform offering electric kick-scooter rental services	-	-	18/100
6th	SlydApp 2018, Cairo (Egypt), Deadpooled	App-based electric kick scooter sharing platform	-	-	16/100