Ecov
Financials
Estimates*
EUR | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | 1.6m | 2.4m | 2.9m | 4.1m | 5.4m |
% growth | - | - | 291 % | 43 % | 22 % | 43 % | 32 % |
EBITDA | <1m | - | <1m | - | - | - | - |
% EBITDA margin | 1 % | - | 9 % | - | - | - | - |
Profit | <1m | (<1m) | (<1m) | - | - | - | - |
% profit margin | 7 % | (155 %) | (4 %) | - | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Spinout | ||
N/A | €153k | Seed | |
€50.0k | Grant | ||
* | €1.0m | Seed | |
N/A | €400k | Grant | |
€1.2m | Seed | ||
N/A | €9.8m | Grant | |
N/A | €5.0m | Seed | |
N/A | €1.7m | Seed | |
N/A | $2.1m | Grant | |
€11.8m | Early VC | ||
Total Funding | $36.3m |
Related Content
Recent News about Ecov
EditEcov.fr is a French startup that operates in the transportation sector, specifically focusing on carpooling services. The company's mission is to provide a reliable, economical, and accessible public service to its users. It targets two main types of clients: local authorities and businesses. For local authorities, Ecov.fr offers a new public service that can help to alleviate congestion, improve connectivity in poorly served areas, and provide a cost-effective transportation solution. For businesses, the company offers a mobility solution that can enhance their corporate social responsibility (CSR) efforts.
Ecov.fr's business model is based on the deployment of carpooling lines. Before setting up a line, the company's team of mobility experts and data scientists conduct a thorough analysis to determine the service's relevance and how it fits into the overall mobility system. This analysis is part of a broader study that aims to identify and coordinate all mobility solutions that meet the specific needs of a given area. This includes not only carpooling lines but also buses, solidarity transport, on-demand transport, planned carpooling, and bicycles.
The company generates revenue by charging for its services. Local authorities can use the Green Fund to co-finance a line, while businesses can finance a carpooling stop. In this way, Ecov.fr is able to provide a valuable service while also contributing to environmental sustainability.
Keywords: Carpooling, Transportation, Mobility Solutions, Local Authorities, Businesses, Corporate Social Responsibility, Data Analysis, Public Service, Environmental Sustainability, Green Fund.