
Skootel
The first Puerto Rican micro-mobility company in Puerto Rico and the Caribbean.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Skootel is a startup that operates in the micro-mobility market, specifically focusing on electric scooter rentals. The company provides a convenient and eco-friendly transportation solution for urban commuters and tourists in Puerto Rico. Skootel's primary clients are individuals looking for a quick, affordable, and sustainable way to navigate city streets without the hassle of car ownership or public transportation.
The business model of Skootel revolves around a mobile app that allows users to locate, unlock, and rent electric scooters on a short-term basis. Users can find nearby scooters through the app, scan a QR code to unlock the vehicle, and ride to their destination. Once the ride is completed, users park the scooter in a designated area and end the rental session through the app. The company charges users based on the duration of the ride, typically a combination of a base fee and a per-minute rate.
Skootel makes money by charging these rental fees. Additionally, the company may generate revenue through partnerships with local businesses and advertising opportunities within the app. The startup ensures that its scooters are well-maintained and charged, providing a reliable service to its users. Skootel also emphasizes safety and responsibility, requiring users to report any accidents or damages promptly and to adhere to local traffic laws.
In summary, Skootel offers a practical and environmentally friendly transportation option for urban areas, catering to both residents and visitors. The company leverages technology to provide a seamless user experience and generates revenue through rental fees and potential partnerships.
Keywords: electric scooters, micro-mobility, urban transportation, rental service, mobile app, eco-friendly, Puerto Rico, commuters, tourists, technology-driven.