PUMP
Latest round
- Series B
Last raised
- Dec 2022
Total raised
- $16M
Investors
- 5
About PUMP
Founded in 2019 in Seoul, South Korea, PUMP develops electric scooters and bikes tailored for urban transportation.S.PUMP offers innovative mobility solutions aimed at improving urban transportation through electric scooters and bikes. These products focus on efficiency and sustainability, addressing challenges like traffic congestion and pollution, and are designed for a diverse clientele including commuters, tourists, and eco-conscious individuals.PUMP's revenue model includes direct-to-consumer sales and subscription services for electric scooters and bikes, facilitated through a mobile app. The company collaborates with local governments and businesses to enhance its urban presence. Their pricing plans offer daily, weekly, and monthly rental options, appealing to various customer preferences. The firm is focused on launching new products and expanding its presence in additional urban markets in Asia and Europe, aiming to fulfill the increasing demand for modern mobility solutions.
Who invested in PUMP
5 investors across 1 round
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Funding rounds
Series B
Dec 21, 2022
Amount
$16M
Investors
Questions about PUMP
Who invested in PUMP?
PUMP has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PUMP raised?
PUMP has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PUMP last raise money?
PUMP's most recent round on record is a Series B, in Dec 2022.
What does PUMP do?
Founded in 2019 in Seoul, South Korea, PUMP develops electric scooters and bikes tailored for urban transportation.
Where is PUMP headquartered?
PUMP is headquartered in Seoul, South Korea.
Which VCs invest in companies like PUMP?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back transportation services companies at PUMP's stage. Their profiles are linked below.
VCs backing transportation services startups at Series B
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