Nasdaq’s First Micro-Mobility Company Helbiz Debuts on the Public Market
- The company’s decision to go public will not only increase a financial push but also further enable acquisitions of mobiles and technologies that will continue the growth of the company.
- Helbiz is NASDAQ’s first micro-mobility company
- A nod to a sustainable future: Helbiz’s growth track with the growing trend of e-mobility and sustainable transportation
“Today’s timing is important because I think companies should grow within the market, and not arrive with (outlandish) evaluations,” says Founder and Chief Executive Officer of Helbiz,
The company anticipates the move will also increase funding that may accelerate the development of adjacent service categories, such as food delivery, integrated payment options, live streaming and more — all accessible on the Helbiz mobile app.
Upon the announcement to go public, Helbiz received
This funding will allow Helbiz to expand its service to more cities throughout
Since its debut in 2015, Helbiz has distinguished itself as a leader in micro-mobility as the only company to offer e-scooters, e-bicycles and e-mopeds that are found on one user-friendly platform. In
In tandem with offering a quick and easy way to travel throughout busy cities, Helbiz puts sustainability and clean emission at the forefront, boasting vehicles powered in partnership with
Their growth is a nod to the micro-mobility industry’s rapid acceleration, which is projected to grow by
“It’s amazing to be a leader in this industry, but there’s a lot of responsibility that goes with it. Regulation around the world is constantly changing, but we are pushing to make sure we do our part in preserving our Earth’s future,” says Palella. “This company serves everyone who wants to move in a way that respects the environment. It’s a technology company that revolves around young people looking to lead the future.”