Smart Kiwi, a London, UK-based data intelligence platform for shared mobility companies, raised £250,000 in a pre-seed round.
The round was led by SFC Capital, the UK's most active seed-stage investor, with participation from Plug & Play and Startup Wise Guys.
The funds will be used to develop a demand prediction model to optimize resource allocation and increase profitability for shared mobility operators.
Angelo Delle Piane, CEO and co-founder of Smart Kiwi: "The investment from SFC Capital will give Smart Kiwi the opportunity to grow and allow shared mobility companies to make the most of their resources. We know first hand how small the margins are in the shared mobility sector and we hope to support as many businesses as possible through our data and real-time analysis."
Through its data intelligence platform, Smart Kiwi creates predictive demand models for shared mobility companies with any fixed asset that generates demand, be it e-scooters, bikes, mopeds, or cars.
It builds next-generation data intelligence products for mobility, logistics, and beyond. With its new SaaS platform, the company helps shared mobility companies optimize their fleet distribution by predicting demand through machine learning and geospatial predictive modeling, allowing them to increase their ridership and optimize costs.
Company: Smart Kiwi Ltd
Round: pre-Seed Round
Funding Month: October 2022
Lead Investors: SFC Capital
Additional Investors: Plug & Play and Startup Wise Guys
Company Website: https://www.smartkiwi.ai/
Software Category: Data Intelligence Platform
About the Company: Founded this year by Angelo Delle Piane and Murat Derya Ozen, with extensive experience in tech and the shared mobility startup sector, Smart Kiwi provides next-generation data intelligence products for mobility, logistics, and beyond. Through its data intelligence platform, Smart Kiwi creates demand prediction models for shared mobility companies with any fixed asset that generates demand, be it e-scooters, bikes, mopeds, or cars. The platform also provides information on when to reduce the price of vehicles in specific locations to make them more appealing to customers based on predictive demand. Smart Kiwi increases the profitability of mobility operators. Smart Kiwi predicts demand and helps operation teams make smarter decisions by providing real-time information about the optimal fleet distribution to increase ridership and reduce operational costs. Its mission is to improve companies' decision-making by leveraging the potential of data intelligence.