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CityBee

87 employees

After more than a decade, CityBee emerged as one of the key players in the car-sharing landscape across the CEE region. Our operations span three countries: Lithuania, Latvia, and Estonia. The primary goal is to enable people to travel freely without the necessity of car ownership, thereby contributing to reduced traffic congestion and lowered CO2 emissions within cities. Thanks to the car-sharing services, as many as 15 thousand fewer cars now fill the streets and parking lots, showcasing the substantial influence of a solitary shared vehicle that can effectively replace the necessity for 15 privately owned cars! CityBee car sharing was founded by Modus Group, Netherland capital based group of companies. The Modus Group's activities consist of 4 main businesses: automotive, mobility services, renewable energy, and investment fund management.

Investor insights

Funding rounds participated in

$124M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Consumer Goods Rental

Sectors

Consumer Goods Rental

Date founded

2012

Funding rounds raised

Total raised

$124M

from investors over 1 rounds

C

CityBee raised $124M on January 14, 2019

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