Rybit

Rybit

Enterprise mobility platform for all operators with last-mile demand across various commercial use cases, including both sharing and non-sharing. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$40—60m (Dealroom.co estimates Jul 2023.)
San Francisco California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues<1m
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DateInvestorsAmountRound

N/A

Seed
*

$10.0m

Early VC
Total Funding$10.0m

Recent News about Rybit

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Rybit is a company specializing in micro-mobility solutions, primarily focusing on e-bike subscriptions. The business operates in the micro-mobility market, catering to both individual consumers and businesses. Clients can place a subscription request for an e-bike online or through the Rybit app, schedule a convenient pickup time, and collect their e-bike on the set date. At the end of the subscription period, users have the option to extend or return their e-bike. Rybit serves over 2 million users and collaborates with more than 1,000 companies. The company leverages IoT technology to provide a fully enabled fleet management system, offering real-time data on fleet and rider locations. This system is designed to meet the needs of delivery-driven businesses and other organizations requiring efficient fleet management. Rybit generates revenue through subscription fees and partnerships with service providers. The company also offers expertise in software, electrical, mechanical, and operational aspects of micro-mobility, ensuring a comprehensive solution for its clients.

Keywords: e-bike subscriptions, micro-mobility, IoT-enabled, fleet management, real-time data, expert service, delivery businesses, software development, electrical expertise, mechanical expertise.