VOI Technology

What VOI Technology does

Voi Technology AB (publ) is a Stockholm-based shared micromobility operator founded in 2018, providing electric scooters and e-bikes across 100+ cities in 12+ European countries with a fleet of more than 150,000 vehicles. The platform combines a self-serve consumer app (B2C) with exclusive multi-year operating licences won through public tenders (B2G) and deep API integrations into third-party MaaS and public transport applications; cumulative rides on the platform have surpassed 400 million, with 55 million trips recorded in 2025. Voi claims a 100% tender win rate in Northern Europe and has secured flagship licences in Stockholm, Oslo, Glasgow, Edinburgh, Aberdeen, and London boroughs, with cities consolidating operator counts (e.g., Stockholm moving from 3 to 2 operators) in Voi's favour.

The technology stack is fully in-house: an IoT platform with firmware-level control (GPS, geofencing, topple/accident detection, NFC tap-to-unlock) sits on every vehicle and feeds machine-learning models for real-time demand prediction, fleet optimisation, parking enforcement (computer vision on end-of-ride photos), and proactive maintenance. Revenue is generated through per-minute rentals, monthly subscriptions and minute bundles (Voi Pass), city tender fees and revenue-share, B2B accounts (Voi Business), and 80+ MaaS integration partnerships exposed via the GBFS open data standard and the TOMP API. The 2026 vehicle generation (Voiager 9 e-scooter, Explorer 5 and Explorer Light 2 e-bikes) and a €125M senior secured bond framework on Nasdaq Stockholm (€90M outstanding across 2024 and 2025 issuances) support continued fleet refresh and capital-light expansion.

Name

VOI Technology

Legal name

Voi Technology AB (publ)

Website

https://voi.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Voi Technology is a Stockholm-based shared micromobility operator running e-scooters and e-bikes across 100+ European cities via its app, exclusive city tenders, and 80+ MaaS integration partnerships, with a fleet of 150,000+ vehicles.

Ownership category

akta.pro rank

Product category

Shared Micromobility

NAICS

Taxi and Ridesharing Services (485310)

akta.pro primary industry

Micromobility Aggregators / MaaS Platforms (Multi-Modal Booking & Passes) (TLAFAMAI)

Keywords

• Shared electric scooters
• Shared e-bike rentals
• Urban micromobility services
• Mobility-as-a-service platform
• City mobility partnerships

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Per-minute ride rentals: Pay-as-you-go usage-based rental revenue where riders pay a small unlock fee plus a per-minute charge that varies by city, time and vehicle type; e.g. £0.18/min in Aberdeen (e-bikes) and £0.16/min in Glasgow (e-bikes).
2. Subscriptions and minute bundles: Recurring subscription plans (e.g. monthly unlimited unlocks, with or without included minutes) and discounted prepaid minute bundles with unlimited unlocks included, designed to convert frequent riders into habitual subscribers; cancellation anytime.
3. City contracts and tender fees: Multi-year contracts won through public tenders with city governments, authorities and public transport operators; Voi claims a 100% tender win rate in Northern Europe. Revenue comes from operating exclusive licences in exchange for service fees and/or revenue-share arrangements with municipalities (e.g. Stockholm licence for up to ~6,000 e-scooters each after going from 3 to 2 operators).

Pricing tiers

Go-to-market motion5 records

Distribution channels4 records

Marketing channels9 records

Core offering

VOI Technology operates a shared electric micromobility platform that rents e-scooters and e-bikes to individual riders across 100+ European cities via a self-serve mobile app, and concurrently runs tender-based multi-year operating licences for city governments and public transport authorities. Its offering combines an in-house IoT-enabled vehicle fleet with a MaaS integration framework (GBFS/TOMP APIs) that embeds Voi services into third-party public transport and journey-planning apps.

Product overview

Voi is a shared micromobility platform offering electric scooter and e-bike rentals across 100+ cities in Europe, organised as a unified rider app that consumes a modular vehicle family and a partner integration framework. The platform is anchored by the Voiager e-scooter series (current flagship Voiager 9 plus previous generations Voiager 8, Voiager 7, Voiager 5, Voiager 4, Voiager 3X) and the Explorer e-bike series (current Explorer 5 and Explorer Light 2, plus previous Explorer 4, Explorer Light 1, Explorer 3, Explorer 2). Safety is reinforced through the RideSafe Academy online traffic school, corporate access is delivered via Voi Business, recurring revenue runs through Voi Pass subscriptions and minute bundles, and multimodal connectivity is delivered through Voi's MaaS Integration Framework (GBFS for light integrations, TOMP API for deep integrations with public transport partners).

Differentiator

Problem solved

Functional benefit

Products and services

• Voiager 9 e-scooter Current-generation shared e-scooter launched in 2026 for urban riders in Voi-served cities, featuring Voi's in-house IoT platform with topple/accident detection, geofencing, and improved ergonomics.
• Explorer 5 e-bike Current-generation shared e-bike launched in 2026 for urban commuters and casual riders, with larger battery capacity, smoother assist, and stronger hill-climbing performance.
• Explorer Light 2 e-bike Lightweight shared e-bike launched in 2026, approximately 15% lighter than Explorer 5, with higher recycled content, smoother assist, and improved braking for agile urban riding.
• Voiager 8 e-scooter Shared e-scooter introduced in 2025 with larger front wheel, wider footboard, dual display, and more durable construction.
• Explorer 4 e-bike Shared e-bike launched in 2025 with electric assist, softer saddle, sturdier basket, and smoother seat clamp.
• Explorer Light 1 e-bike Voi's first lightweight shared e-bike launched in 2025, around 25% lighter than standard shared models, with smooth electric assist and intuitive controls.
• Explorer 3 e-bike Shared e-bike launched in 2024 with automatic adaptive gears, low step-through frame, non-slip tyres, strong braking, and built-in lights.
• Voiager 7 e-scooter Shared e-scooter launched in 2023 with reinforced frame, wide footboard, improved waterproofing, responsive braking, and higher recycled content.
• RideSafe Academy Free online traffic school for e-scooter and e-bike riders teaching local traffic rules and safety; offers structured courses in several languages and is a free component of Voi's rider-education programme.
• Voi Business Business-to-business shared micromobility service for corporate clients and partners, accessible as a dedicated section of the Voi platform.
• Voi Pass / Subscriptions Subscription plans and minute bundles that give riders unlimited unlocks (with or without included minutes), discounted prepaid minutes, and pay-as-you-go options across Voi cities.
• Voi MaaS Integration Framework Custom micromobility-as-a-service framework supporting light integrations via the GBFS data standard and deep integrations via the TOMP API standard, enabling partner platforms to embed the full Voi booking and payment experience alongside public transport.

Quantifiable outcome

• 83% reduction in CO2 emission intensity per km since 2019 (29 gCO2e/passenger-km, on par with a city bus and pedal bike)
• +9 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability6 records

Feature9 records

Partnerships

Five partnerships are on record, tiered strategic r&d partner for next-generation e-bikes., flagship multimodal pilot partner in stuttgart (germany)., core maas integration partner for the stuttgart pilot., strategic deep integration partner in oslo (one of voi's flagship european markets). and minor partner referenced in industry coverage..

• eBikeLabsstrategic r&d partner for next-generation e-bikes.Strategic or Co-development PartnerJoint R&D programme announced in 2025 with Grenoble-based eBikeLabs to integrate eBikeOS intelligent motor control software (fine-grained assistance, regenerative braking, adaptive energy management) into Voi's e-bikes. Project runs through 2026 across France and Sweden; targets ride smoothness, range extension, energy efficiency and up to 45% efficiency gains. Spokespeople: Amit Sikka (Head of IoT and Vehicle Software, Voi) and Maël Bosson (Founder, eBikeLabs).
• S-Bahn Stuttgartflagship multimodal pilot partner in stuttgart (germany).GTM or Marketing PartnerMultimodal pilot in Stuttgart together with local rail operator S-Bahn Stuttgart and MaaS platform Mobimeo. Through the Mobility Stuttgart App, riders could discover and book Voi scooters alongside their train journeys; users received multimodal vouchers and dedicated scooter parking was installed at the station. Results: +250% increase in e-scooter rides, +35% growth in train ticket sales, less street clutter thanks to dedicated parking.
• Mobimeocore maas integration partner for the stuttgart pilot.Technology or IntegrationMaaS platform partner for the Stuttgart multimodal pilot via the Mobility Stuttgart App; combined Voi scooters with S-Bahn Stuttgart train journeys in a single interface, enabling joint multimodal vouchers and station-based parking.
• Ruter (Oslo public transport)strategic deep integration partner in oslo (one of voi's flagship european markets).Technology or IntegrationDeep integration with Oslo public transport provider Ruter enabling riders to combine Voi e-scooters with metro and bus services; per Voi's 2024 Sustainability Report, 61% of Voi users in Oslo combine their ride with public transport, helping reduce reliance on cars.
• Wibleminor partner referenced in industry coverage.Channel Partner/ Reseller/ DistributorReferenced as a recent Voi Technology partnership in Fortune Business Insights' Micro-Mobility Market report (Feb 2026); no further operational detail is disclosed in the source material.

Scale indicators19 records

Recent moves11 records

Expansion highlights7 records

Direct peers

• Lime: Lime operates one of the largest global shared e-scooter and e-bike fleets across the US, Europe and other regions, with comparable B2G tender strategy and consumer app. Lime is the closest global comparable to Voi in scale, technology stack and city-licensing business model.
• Bolt: Bolt operates shared e-scooters and e-bikes across 20+ European cities alongside its ride-hail and food delivery businesses, often sharing the same urban mobility tender shortlists as Voi. Its broader mobility platform makes it a deep-pocketed competitor.
• Bird: Bird is a US-listed shared micromobility pioneer operating e-scooter and e-bike fleets across North America, Europe and the Middle East. It is a direct peer on product, target customer and B2G licensing model, with greater North American exposure.
• Tier Mobility: Tier (merged with Dott in 2024 under the Dott brand) is a leading European shared micromobility operator headquartered in Berlin, directly competing with Voi for European city tenders and riders with similar e-scooter and e-bike fleets.
• Neuron Mobility: Neuron is a Singapore-headquartered shared e-scooter and e-bike operator with strong APAC and growing European presence. It is comparable to Voi on product offering and city-licensing approach, but primarily competes outside Voi's core European footprint.
• Spin (Tron Inc.): Spin (owned by Tron Inc., formerly Ford's micromobility unit) operates shared e-scooter fleets across the US, Canada and selected European campuses. It is a direct peer on product and B2G tendering, though with limited European commercial overlap.
• Dott: Dott (formed from the Tier-Dott merger) operates shared e-scooters and e-bikes across European cities, with a comparable B2G licence-led model and a focus on vehicle longevity and sustainability — making it one of Voi's closest head-to-head European competitors.

Broad incumbents

• Uber: Uber (and its Lime investment) operates a global multimodal mobility platform including ride-hail, transit and (via Lime) shared micromobility. It is a broad incumbent competitor that bundles micromobility into a wider portfolio, rather than specialising in it like Voi.
• Lyft: Lyft operates shared bikes and scooters (formerly Lyft Bikes) in the US and selected cities. As a broader multimodal mobility platform, it overlaps with Voi on shared micromobility but is not a direct European competitor.

Regional players

• Beam Mobility: Beam operates shared e-scooters and e-bikes across APAC (Australia, New Zealand, Korea, Malaysia and others). It is comparable to Voi on shared micromobility product and city-licensing model, but is a regional peer focused on Asia-Pacific rather than Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/voitechnology
• YouTubeyoutube.com/@voitechnologyglobal
• Facebookfacebook.com/Voitechnology
• LinkedInlinkedin.com/company/voi-technology
• Instagraminstagram.com/voitechnology
• TikToktiktok.com/@voitechnology

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries1 record

Funding overview

Funding rounds13 records

Investors21 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VOI Technology