StageAcquired | Acquired
About Wind Mobility
Wind Mobility is a micro-mobility company that offers convenient, inexpensive, and easy access to short-distance transportation such as bikes and scooters in urban areas. On October 12, 2021, Wind Mobility was acquired by Yandex. The terms of the transaction were not disclosed.
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Expert Collections containing Wind Mobility
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Wind Mobility is included in 4 Expert Collections, including Smart Cities.
Bike & Scooter Tech
We define bike and scooter technology startups as companies working on shared vehicle networks, vehicle design, and charging infrastructure for bicycles, scooters, mopeds, and other compact vehicles for one to two passengers.
Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.
Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.
Latest Wind Mobility News
Mar 11, 2021
Published First of all, how are you and your family doing in these COVID-19 times? We are all healthy and well and are making the best of the current situation. I have two kids under two years old. Of course, we are working from home and are facing the same challenges that many other families are facing with trying to combine a daily avalanche of Zoom calls with day-to-day family life. However, it’s a blessing as well. Normally I travel extensively for work. During COVID-19, I have been able to spend more time with family and kids. Tell us about you, your career, and how you founded Wind Mobility. Eric Wang: I started my career in finance, working for an investment bank. One day in 2010, I saw a news report of enormous motorway traffic jams. They would involve countless cars and often stretch more than 60 miles, causing untold damage to the environment and public health, and frustrating commuters. That was a turning point for me. At that time, I was in a fellowship program in Europe. I decided to shift my focus and wrote the fellowship thesis on the potential of vehicle sharing in shaping sustainable local mobility. I founded my first mobility company, with the goal of changing how we move around in cities. Creating a start-up wasn’t easy – even my family was skeptical. Today, I am proud that Wind Mobility – which is the third mobility start-up that I have found – is one of the world’s leading and most innovative e-scooter operators. From the beginning, Wind has been a pioneer and has placed a huge emphasis on innovation, setting industry standards since its foundation. How does Wind Mobility innovate? Eric Wang: Wind was officially founded in 2017 as the very first operator of a bicycle-sharing scheme in Germany. Two years later, we switched from bicycles to e-scooters and set industry standards by putting a custom-built e-scooter on the market that was designed, developed, and produced by our own engineering and production team. We were and still are the only operator that does not rely on off-the-shelf products for its operations. The Wind e-scooter is specifically made for the sharing environment and owning the entire supply and production chain has helped us to create the most robust and most reliable e-scooter in the industry with a lifetime of more than 5 years and a battery cycle double the industry standard. When we put our custom-built e-scooter on the market in 2019, we were the very first operator to introduce a battery that can be swapped on the spot, without the need to return the scooter to the warehouse for charging. Wind Mobility has been on an incredible adventure so far, and having grown to more than 20 markets across the globe we continue to innovate and lead the industry in terms of safety and sustainability. Our newest feature is a fully integrated helmet that can be unlocked via the Wind app – making us the only operator in the market to offer a fully integrated solution. How the coronavirus pandemic affects your business and how are you coping? Eric Wang: With lockdowns in place in all markets and fewer people moving around, the last year has been challenging – no doubt. Nevertheless, Wind has grown significantly since April. The pandemic has triggered an increase in demand for micro-mobility solutions and modes of transport that complement public transportation and allow for social distancing. Cities across Europe have pushed to allocate more public space to bicycles and e-scooters in order to avoid a renaissance of the car. We have seen that more people rely on our e-scooters during the morning and early evening hours indicating that a larger number of people are using e-scooters for their daily commute. While it has been challenging, the pandemic has also accelerated the integration of e-scooters into cities’ transport systems. Did you have to make difficult choices and what are the lessons learned? Eric Wang: When the first wave of the pandemic hit Europe in spring 2020, it was uncertain how long it would last and what the economic impact and the impact on the e-scooter industry would be. Within this uncertainty, we looked into alternative ideas that could serve as an addition to our e-scooter business. We tested a delivery service in Israel. In the meantime, we offered our e-scooters for free to hospital workers and volunteer organizations within our Helping Hands initiative to ensure that our e-scooters are used where they are needed the most. In the end, the pandemic increased the demand for e-scooters and more and more cities were keen to introduce e-scooter sharing schemes. This indicated to us that we should stay on course, to keep doing what we do best: to innovate our product, increase safety and ensure a sustainable and carbon-neutral operation to support cities across the world to cope with the pandemic. So one of the lessons I learned is that the pandemic can temporarily derail our plan, but we should be patient and focus on the long term. Who are your competitors? And how do you plan to stay in the game? Eric Wang: Our main competitors are cars. Cars as a mode of transportation in the urban environment is very inefficient. Yet, more than 90% of our public space is dedicated to roads for cars that are being used less than 2% of the time and then only with one passenger. We are at the forefront of pioneering this shift from private car usage to micro-mobility in cities across the globe. In addition, our advantage as a micro-mobility company is a fully-owned vertical supply chain, lean operations, and close partnerships with cities. In terms of research & development, we put user safety first. We created the safest and most reliable sharing e-scooter with an integrated helmet. Our scooter is slightly heavier and larger than comparable models with a wider platform, non-slip handlebars, larger tires, and a double bicycle-style braking system to guarantee a safe riding experience. Your Website?
Wind Mobility Frequently Asked Questions (FAQ)
When was Wind Mobility founded?
Wind Mobility was founded in 2017.
Where is Wind Mobility's headquarters?
Wind Mobility's headquarters is located at Leipzigerstr. 26, Berlin.
What is Wind Mobility's latest funding round?
Wind Mobility's latest funding round is Acquired.
How much did Wind Mobility raise?
Wind Mobility raised a total of $72M.
Who are the investors of Wind Mobility?
Investors of Wind Mobility include Yandex, HV Capital and Source Code Capital.
Who are Wind Mobility's competitors?
Competitors of Wind Mobility include dott and 7 more.
Compare Wind Mobility to Competitors
Cityscoot is a Paris-based electric scooter rental scheme. Cityscoots require no keys, as subscribers simply receive a text message with a code that acts as a digital ignition. A smartphone application using sat-nav technology indicates the location of free bikes and their remaining battery life.
Lime is a shared electric vehicle company. The company provides short-term rentals of electric bikes and scooters on five continents. In addition, its services include Lime Access, an affordability program that provides discounted rides to those who qualify, Lime Hero, a community empowerment program that allows riders to round up the cost of their rides to support a community organization in their hometown, Lime Able, a program aimed at extending access to shared electric vehicles for persons with varying abilities, and insurance coverage with respect to its own activities and the key risks to riders arising from the use of Lime and JUMP vehicles. Lime was founded in 2017 and is headquartered in San Francisco, California.
TIER operates as a German urban mobility company. It allows people to rent electric kick-scooters. It reduces emissions to be fully climate neutral. It was founded in 2018 and is based in Berlin, Germany.
dott is a sustainable micro-mobility service provider. It offers green mobility solutions to cities and citizens via dockless shared eScooters and eBikes. The company was founded in 2018 and is based in Amsterdam, Netherlands.
eConduce is a network of shared electric scooters in Mexico. Via an app, users can find and reserve scooters and charging stations.
Felyx provides shared electric scooter services. It offers users to use their mobile phone with the application to locate, book, and unlock an e-scooter. The company was founded in 2016 and is based in Amsterdam, Netherlands.
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