# High-Mobility

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/high-mobility

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.high-mobility.com
- Total disclosed funding: $0M
- Latest round: Seed (Mar 16, 2016)
- Investors on record: 2

## About

High-Mobility GmbH is a provider of innovative APIs that enable access to connected car data, catering primarily to industries focused on fleet management and vehicle services.Founded in 2013 in Berlin, Germany, High-Mobility GmbH specializes in connected car data solutions. The company has successfully completed 6 funding deals, with the latest funding round occurring on June 27, 2023, led by IBB Ventures, raising EUR 3.00 mn, bringing the total amount raised to EUR 3.00 mn. The company was co-founded by Kevin Valdek and Risto Vahtra, who also serves as CEO.High Mobility specializes in providing an API that facilitates access to connected car data, primarily serving sectors such as fleet management, car rental, and emergency services. The core product offering includes a comprehensive data platform that consolidates various vehicle metrics, including location, engine status, fuel consumption, and more, all transmitted securely via cloud technology. This enables clients to monitor their vehicles in real-time and utilize the data for numerous applications such as enhancing customer experiences, optimizing operations, and improving safety measures. The company has established partnerships with over 22 original equipment manufacturers (OEMs), allowing it to deliver a broad spectrum of vehicle information across several geographical markets, including Europe, North America, and parts of Asia. The focus on adhering to industry standards such as ISO 27001 and GDPR further enhances the reliability and security of its offerings.High Mobility's revenue model is primarily based on a subscription framework where clients pay for access to its API services, which provide real-time data updates and analytics for connected vehicles. Transactions typically occur between the company and its clients, which include automotive manufacturers and fleet service providers, facilitating a B2B relationship. The pricing structure is detailed to cater to various client needs, allowing organizations to choose plans that best fit their operational requirements. Each transaction involves providing a stream of encrypted data updates, which can include telemetry insights and vehicle diagnostics. This model generates ongoing revenue through subscriptions and fosters long-term relationships with clients by delivering consistent value through advanced data services.In June 2023, High-Mobility GmbH raised Venture funding from new investor Nbr Technology Ventures, which will be utilized to enhance its API offerings and expand its market reach. The company plans to release new products aimed at improving data integrations and vehicle connectivity features. High Mobility is also targeting expansion into additional markets in Europe and North America by the end of 2024, leveraging the recent funding to support these initiatives.

## Funding rounds

- Seed, Mar 16, 2016 — IBB Ventures
- Seed, Mar 4, 2014, $0M — Startupbootcamp

## Investors

- Startupbootcamp (https://capitalatlas.ai/funds/startupbootcamp) — Seed
- IBB Ventures (https://capitalatlas.ai/funds/ibb-ventures) — Seed