Hopp operates a sustainable electric scooter rental platform and a global franchise model focused on micromobility for smaller cities. The company positions itself as carbon negative across all parts of the business, offsetting shipping and using electric or carbon-neutral service vehicles. Hopp enables individuals to launch and operate local franchises on an advanced software platform, with a single dashboard to manage operations and ongoing support. The company reports 2,300 scooters and 170,000 users across three countries and says it is growing at a steady rate. Hopp states that all franchisees make a return on their investment within one year of launch. The company was launched in Iceland by a team of software developers and plans to drive international expansion through its franchise strategy.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2021