Lattis
Smart city startup focused on improving urban living through intelligent technology solutions its first product, ellipse, is a.
| Date | Investors | Amount | Round |
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| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
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| N/A | €0.0 | round | |
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N/A | Convertible | ||
| Total Funding | 000k | ||
Founded in 2013 by Jack Al-Kahwati (CEO) and Jeremy Ricard (CTO), Lattis operates as a software-as-a-service (SaaS) provider specializing in multi-modal vehicle sharing and management solutions. The company's genesis was the creation of what it calls the world's first smart bike lock, a product that signaled a shift towards a more decentralized bikesharing model. This initial hardware, the Ellipse smart lock, was a keyless, solar-powered U-lock controlled via a Bluetooth-connected mobile app, featuring theft detection alerts.
Pivoting from its initial hardware focus, Lattis launched its comprehensive software platform in 2018. This AI-enabled platform serves as an all-in-one fleet management system for micromobility operators, including those managing bikes, scooters, mopeds, and carshares. The business model is centered on providing this technology to cities, universities, and private businesses, enabling them to launch and manage their own vehicle sharing services. The platform's features include real-time vehicle tracking, booking systems, an interactive management dashboard, AI-powered dynamic pricing, and detailed analytics on trips, utilization, and user behavior.
Lattis's revenue is generated through its SaaS model, offering flexible pricing and subscription options to its clients. The platform is designed to be vehicle-agnostic, allowing for flexible integrations, and aims to optimize unit economics for operators. It processes extensive anonymized road and telemetry data to continuously improve its technology and provide actionable insights. The company serves a range of industries beyond micromobility, including carshare companies, subscription services, smart locker companies, and delivery services, providing tools for real-time tracking, rental management, and predictive maintenance. To date, Lattis has secured $1 million in total funding over three rounds, with investors including Mesh Ventures, DSCN Capital, and Orbit Startups.
Keywords: micromobility management, fleet management software, SaaS, vehicle sharing platform, bike share solutions, scooter share management, smart bike lock, AI-powered mobility, urban transportation technology, Lattis, Jack Al-Kahwati, Jeremy Ricard, fleet analytics, decentralized bikesharing, smart mobility, vehicle tracking, subscription mobility, last-mile solutions, carsharing software, connected vehicles