The startup provides electric vehicle rental services through a network of battery-powered vehicles available via day passes or monthly subscriptions. This service offers an affordable commuting option that reduces urban carbon emissions and enhances mobility in city environments.
Funding
$731M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Urban areas face challenges related to traffic congestion, air pollution, and the need for accessible and affordable transportation options, especially for short distances. Existing transportation infrastructure often struggles to provide efficient last-mile connectivity, contributing to increased commute times and environmental concerns.
Solution
Voi provides a shared electric micromobility service, offering both e-scooters and e-bikes for convenient urban transportation. Users can rent vehicles through a mobile app, enabling quick and easy access to transportation for short trips around the city. Voi partners with city governments to integrate its service into the existing transportation ecosystem, aiming to reduce congestion and promote sustainable mobility. The company emphasizes safety through rider education, vehicle design, and technology-driven solutions such as geofencing and parking assistance. Voi also focuses on sustainability by extending vehicle lifecycles, utilizing swappable batteries, and implementing circular economy practices.
Target Audience
The primary target audience includes urban residents, commuters, and tourists seeking convenient, affordable, and eco-friendly transportation options for short distances within cities. Voi also targets city governments and municipalities looking to improve urban mobility and reduce carbon emissions.
Features
- Mobile app for locating and unlocking e-scooters and e-bikes
- Flexible pricing options, including monthly subscriptions, day passes, and pay-as-you-go rates
- Geofencing technology to control vehicle speed and prevent riding or parking in restricted zones
- Parking Assistant feature to encourage responsible parking through incentives and penalties
- RideSafe Academy, an online platform for rider education and safety training
- Integration with public transportation networks for seamless multimodal journeys
- Durable vehicle design with safety features such as double-handed brakes and turn indicators
- Swappable batteries for efficient operations and reduced environmental impact