Cogo Funding & Investors

Cogo gathers shared rides for frictionless mobility and a better tomorrow. Cogo is an app aggregating all shared scooters, bikes, cars and mopeds as long as they are human or electric powered. Cogo currently includes over 160 different operators in 500 cities worldwide making it easy to move around the green-way without all the hassle, by giving a full overview with price comparison. Half of all car trips today are less than 5 km. A study from the US shows that 45% of people who used a micro-mobility ride would have otherwise completed their trip with a private car or ride-hail vehicle. The shared mobility market is growing fast, and two-thirds of all micro-mobility trips from 2010 to 2019 were taken in the last two years. It’s currently a $7B market projected to be worth $300B in 2030. But it’s a really crowded operator space, and each individual mobility operator can’t solve the problem in silos. The fragmented market makes it complex for the user which slows down the adoption of the promising shared mobility. Our goal is to provide a full-service platform to our users to make it so easy and seamless to move around, that shared mobility can compete with private car ownership both on convenience and on price.