LEO Ride

Company Overview

Snapshot

Founded in November 2018 by Kfir Benshooshan and Eldad Berkowitz, LEO Ride operated with 201–500 employees. The company raised $550K across two funding rounds from four investors. In October 2020, LEO Ride partnered with Selina to enhance its experiential offerings.

Business overview

LEO Ride provides an electric scooter sharing service, focusing on a B2B model. The company strategically places branded docking stations within hotels, businesses, and tourism service providers. This approach has been successfully implemented with partners such as the Fattal hotel chain and a mall in Eilat, Israel, serving the Automotive & Mobility Technologies sector.

Strategic signal

In October 2020, LEO Ride partnered with Selina, a global hospitality brand, to integrate its scooter-sharing service into Selina's experiential offerings. This collaboration signaled a strategic move to embed micro-mobility solutions directly within the tourism and hospitality sectors, providing a validated model for B2B expansion and enhancing guest experiences through convenient, on-demand transportation.

Company Intelligence Q&A

What is LEO Ride's primary business model?

LEO Ride operates on a B2B model, deploying electric scooter sharing services with branded docking stations at hotels, businesses, and tourism service providers.

When did LEO Ride cease operations?

LEO Ride ceased to operate in December 2022.

Which company did LEO Ride partner with in October 2020?

In October 2020, LEO Ride partnered with Selina to bolster its experiential offerings by integrating its scooter-sharing service.

When did LEO Ride officially launch its e-scooter service in Tel Aviv?

LEO Ride officially launched its e-scooter sharing service in Tel Aviv in March 2019.

Who were the co-founders of LEO Ride?

LEO Ride was co-founded by Kfir Benshooshan and Eldad Berkowitz.