Smart Kiwi, a data intelligence platform for shared mobility companies, has raised £250K in a pre-seed round. The investment round was led by SFC Capital, the UK’s most active seed-stage investor, which recently backed Route Konnect and Ryft. Additional investors include Plug & Play and Startup Wise Guys.
Smart Kiwi will use the funds to develop a demand predictive model to optimise resource allocation and increase profitability for shared mobility operators.
Angelo Delle Piane, CEO and co-founder of Smart Kiwi: “The investment from SFC Capital will give Smart Kiwi the opportunity to grow and allow shared mobility companies to make the most of their resources. We know first hand how small the margins are in the shared mobility sector and we hope to support as many businesses as possible through our data and real time analysis.”
Ed Stevenson, Investment Manager at SFC Capital: “We are very excited to work with Smart Kiwi to support shared mobility companies optimise their data and resources. Angelo and Murat’s decade of experience working with shared mobility startups is essential in understanding how these businesses operate and what is best for them. I look forward to seeing what is next for Smart Kiwi.
How was this idea born?
Smart Kiwi is a young startup founded this year in London. It is the brainchild of founders Angelo Delle Piane and Murat Derya Ozen, with extensive experience in tech and the shared mobility startup sector.
There have been many efforts by shared mobility startups to improve their hardware and physical resources such as improving battery life, introducing longer lasting and resilient materials. In addition to these, software improvements and data optimisation are also essential for startups to make additional profit.
Angelo and Murat understood that the essential next step would be to improve existing software and make the most of the available data feeding it, in order to make accurate demand predictions and came up with Smart Kiwi.
Data intelligence model for shared mobility
Through its data intelligence platform, Smart Kiwi creates demand predictive models for shared mobility companies with any fixed asset that generates demand, be it e-scooters, bikes, mopeds, or cars.
It builds next-generation data intelligence products for mobility, logistics and beyond. With its new SaaS platform, the company helps shared mobility companies optimise their fleet distribution by predicting the demand through machine learning and geospatial predictive modelling, allowing them to increase their ridership and optimise their costs.
The platform also provides information on when to reduce the price on vehicles in certain locations to make them more appealing to customers, based on predictive demand.
With this, Smart Kiwi makes accurate predictions on where and how much demand there is likely to be at a given time in a given place. Mobility companies can also use the model to enhance warehouse operations.