Cogo and eScoot join forces for seamless shared mobility platform
Copenhagen-based shared mobility price comparison tool Cogo has acquired mobility app provider eScoot to become the top shared mobility aggregation platform in Europe, reports EU-Startups.
Launched in 2020, Cogo has helped users check price, availability and travel times from multiple operators. In 2021, the company secured €1 million in funding, which it used to further expands its service across Europe.
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Also based in Copenhagen, eScoot aggregates shared electric vehicle (EV) information, helping users find vehicles (electric and human powered) in their city. The app can compare prices from over 250 operators across the world.
Robin Eriksson, Co-founder/CEO Cogo, said:: “You shouldn’t have to fumble between 20 different apps just to book a ride or find a scooter. This is a slow and annoying process for users as they just want to scan and go. Our vision is to take the friction out of shared mobility. By offering people a more seamless experience.“
Between them, the two companies have over 500,000 users in more than 100 countries. The acquisition means they can boost expansion plans in key markets such as Germany, France and the UK.
Image: (L) - Robin Eriksson, co-founder/CEO, (C) - Bibi Blomqvist, co-founder/COO and (R) - Martin Røssell, co-founder/CTO of Cogo.