Fluctuo, a company from our portfolio received a further €1.6 million investment!

Fluctuo, founded in 2019, is an independent third-party data aggregator with a Software as a Service (SaaS) platform to collect, process, analyse and visualise the data of shared mobility services (bikes, scooters, mopeds and cars), helping public stakeholders and private companies to make data-driven decisions on mobility services & infrastructures.

EIT Urban Mobility portfolio company Fluctuo received a further €1.6 million investment to consolidate its position in the European market and expand into new mobility modes, such as transport on demand. This capital injection will also allow improving the product offering, adding types of data (e.g. urban infrastructure like mobility hubs and charging stations). Fluctuo, who graduated from EIT Urban Mobility’s accelerator programme, was also chosen for investment through the Startup Investment programme.

Since its creation in 2019, Fluctuo specialises in the collection, processing and distribution of data on shared mobility services, including bikes, scooters, mopeds and cars. The company has positioned itself as a facilitator between shared mobility operators, on the one hand, and the transport and tourism sectors on the other. Their SaaS (Software as a Service) platform helps public stakeholders and private companies to make data-driven decisions on mobility services and infrastructures. In Europe, Fluctuo already works with around thirty shared mobility operators (Cityscoot, TIER, Dott, Voi, Share Now, etc.), transport aggregators (Free Now, SNCF e-Voyageurs, Cogo, etc.) and public transit operators.

“Development of these new urban mobility services has accelerated since the start of the health crisis,” says Julien Chamussy, President of Fluctuo, adding: “At the end of 2021, there were over 500,000 shared vehicles available throughout Europe. At Fluctuo, we are proud to be helping players in this market make their services accessible to as many people as possible. We plan to use this latest round of financing to expand our product offering further, adding new capabilities and moving into new markets.”