# Chango

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chango-2

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Paris, France
- Website: www.chango.fr/
- Total disclosed funding: $2.1M
- Latest round: Seed (Mar 14, 2023)
- Investors on record: 1

## About

Chango, based in France, operates as a marketplace for electric mobility solutions, specializing in electric bicycles and scooters to support sustainable urban transportation.Founded in 2022 in Paris, France, Chango is a marketplace focused on electric vehicles, particularly electric bicycles and scooters. The company has successfully completed one deal as of March 14, 2023, raising EUR 2 million in Seed funding from investors Via ID and 321. The founder's previous experiences are not documented.Chango is a dedicated marketplace for small electric vehicles, primarily focusing on electric bicycles and scooters. The company offers a comprehensive selection of products that cater to various user needs, including city commuting, cargo transport, and recreational use. Their electric bicycles include city bikes, cargo models, and folding options, while their electric scooters span categories suitable for both adults and children. Additionally, Chango provides accessories and support services, including maintenance and insurance partnerships which enhance the user experience. The company serves a diverse client base across France, aiming to promote sustainable mobility solutions and address urban transportation challenges.Chango generates revenue through direct sales of electric vehicles and associated accessories via their online marketplace. Transactions typically occur on a business-to-consumer (B2C) basis, allowing customers to purchase products outright or explore financing options. The company collaborates with partners, such as insurance providers, to offer bundled services that enhance the value proposition for customers. Pricing structures for electric bicycles and scooters vary based on features and specifications, catering to different market segments. These transactions contribute to Chango's overall financial performance, reflecting the growing demand for electric mobility solutions in urban environments.In March 2023, Chango raised EUR 2 million in Seed funding to support its growth strategy. The company plans to accelerate commercial development, expand its product offering, invest in marketing, and strengthen its team. Future initiatives include the development of new electric vehicle models and potential expansion into additional European markets by 2024.

## Funding rounds

- Seed, Mar 14, 2023, $2.1M — Via ID

## Investors

- Via ID (https://capitalatlas.ai/funds/via-id) — Seed