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Cargoroo

Transportation · Amsterdam, Netherlands · Founded 2017

Offers shared electric cargo bikes in both neighbourhoods and shopping streets of urban environments MoreLess

Cargoroo operates as a technology-driven mobility company, providing app-based access to a fleet of shared electric cargo bikes in urban environments. The company was founded in Amsterdam in 2017 by Erik de Winter, Jaron Borensztajn, and Jelle Maijer. The founding concept stemmed from the founders' personal experiences; Borensztajn, a father of three, and Maijer, a restaurant owner, both recognized the practical advantages of e-cargo bikes for city life.

The company's business model centers on pay-per-use rentals, charging by the minute or hour, targeting families with children, shoppers, students, and small businesses needing to transport goods. Users locate, reserve, and unlock the distinctive yellow bikes via a mobile application available for iOS and Android. The service is designed as an alternative to car ownership for urban trips, with bikes placed at fixed, designated locations to ensure availability and easy returns. The e-cargo bikes, primarily Urban Arrow models, feature a large front box, seatbelts for children, and in some cases, Maxi-Cosi adapters, with a battery range of approximately 80-100 kilometers.

Cargoroo initiated its service with a pilot project in Haarlem, Netherlands, after facing policy-related delays in Amsterdam. A significant milestone was winning the silver European Startup Prize for Mobility in 2019. The company has secured multiple funding rounds, including a notable €10 million investment in December 2022 from The Sharing Group, Participatiefonds Duurzame Economie Noord-Holland (PDENH), and existing investor Fairtree Elevant Ventures. This capital was aimed at expanding its fleet, which numbered over 700 bikes at the time, and scaling operations across Europe. Cargoroo has operated in numerous cities, including Amsterdam, Utrecht, The Hague, and Eindhoven in the Netherlands, as well as international locations like Antwerp, Berlin, Manchester, and Lyon. In December 2024, the company was declared bankrupt. However, as of August 2025, MOBY Bikes has announced plans to revive the Cargoroo service in Utrecht and The Hague.

Keywords: shared mobility, electric cargo bikes, urban logistics, bike sharing, last-mile delivery, sustainable transport, mobility-as-a-service, micro-mobility, pay-per-use rental, bakfiets, family transport, city logistics, app-based rental, e-mobility, car replacement, Urban Arrow, smart mobility, bike rental platform, green transport, urban delivery solutions

Company overview

Cargoroo company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2017
Headquarters
Amsterdam, Netherlands
Employees
7
Open positions
None listed
Dealroom signal
61.0
client focusb2bclient focusb2ctechnologyMobile apptechnologyIoT InternetOfThingssub industrySearch, Buy & Rentbusiness modelMarketplace & ecommerceindustryTravelsectorE-BikesectorVivatech2019sectorMicromobilitysectorSustainable Development GoalssectorUrban TechsectorPay Per ResultsectorCargo Bikes

Valuation & funding

Cargoroo funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Jun 2025 $0 Moby Bikes
EARLY VCEquity / VC Jun 2023 $1.2M $55M One planetcrowd
DEBTDebt Apr 2023 $0 Rabobank
EARLY VCEquity / VC Dec 2022 $11M $44M The Sharing Group · Fairtree · PDENH
GRANTOther financing Jan 2019 $770K European Commission
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Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $3.7M 0% 7
2025 $3.7M 0% 9
2024 $3.7M 0% 28
2023 $3.7M +23.3% 36
2022 $3M 35
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Growth signals

Cargoroo website traffic

Latest recorded traffic for Cargoroo is 21K monthly website visits, up 118.8% over the last three months. Cargoroo's team declined 22.2% over the past year.

Latest monthly visits21K 3-month web change+118.8% 1-year team growth-22.2%
Monthly website visits101 observations · Feb 2018–Jul 2026
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Comparisons

Cargoroo compared with similar companies

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Talent graph

Cargoroo's talent

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Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

8 investors on Cargoroo's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
European Commission
Series A 4 investors entered at this stage
The Sharing Group
Fairtree
PDENH
One planetcrowd
Series B+ 1 investor entered at this stage
Rabobank
Other known 2 additional known investors
Moby Bikes
Rotterdam Mobility Lab

Global footprint

Where Cargoroo has talent and traffic

Workforce by country
2 countries with
team presence
🇳🇱 Netherlands75%
🇫🇷 France25%
2 countries shown

In the news

Latest news about Cargoroo

Recent press, funding announcements, and product moves mentioning Cargoroo — open to read from the original sources.

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Market sentiment

What the market is saying about Cargoroo

An AI-synthesized read of the highest-engagement posts about Cargoroo on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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