# Scuter Srl

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scuter

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Rome, Italy
- Website: www.scuter.co
- Total disclosed funding: $3.4M
- Latest round: Seed (Dec 2, 2021)
- Investors on record: 2

## About

Scuter Srl is an innovative company focused on electric mobility solutions for urban environments, offering electric vehicles designed for shared use to enhance transportation efficiency and sustainability in cities.Founded in 2015 in Rome, Italy, Scuter Srl specializes in creating electric vehicles for urban transportation. The company was formed by Carmine Di Nuzzo, Gabriele Carbucicchio, and Luca Ruggeri, with Gianmarco Carnovale serving as CEO. In December 2021, Scuter raised EUR 3 million in a Seed funding round led by LVenture, with participation from CDP Venture Capital, bringing the total amount raised to EUR 3 million. The company has successfully completed 3 deals.Scuter specializes in providing an innovative electric mobility solution designed for urban environments. Their core offering is a unique electric vehicle tailored for shared use, aimed at enhancing the convenience, safety, and efficiency of city transportation. This vehicle features a rain protection cell, combined braking systems, and a low center of gravity for a safer riding experience. Scuter's products are available in major European cities, including Rome, Milan, and Paris, targeting urban dwellers and businesses seeking sustainable transportation alternatives.In 2023, Scuter reported a revenue of EUR 3,247.20 mn and an EBITDA of EUR 86,626.20. The company generates revenue through a subscription-based model, allowing users to access electric vehicles for a predetermined period. Various pricing plans cater to individual consumers and businesses, enhancing the convenience of urban mobility.Scuter plans to use the EUR 3 million in funding raised in December 2021 to expand its development efforts. The company is working on launching new products designed to enhance urban mobility and is exploring opportunities to enter additional European markets. These initiatives aim to boost their service offerings and further integrate electric mobility solutions within urban infrastructures.

## Funding rounds

- Seed, Dec 2, 2021, $3.4M — CDP Venture Capital, LVenture

## Investors

- CDP Venture Capital (https://capitalatlas.ai/funds/cdp-venture-capital) — Seed
- LVenture (https://capitalatlas.ai/funds/lventure) — Seed