What Vammo does

Vammo is a Brazilian electric motorcycle rental and battery-swap-as-a-service platform, founded in 2022 (originally as Leoparda Electric, rebranded in January 2023) and headquartered in São Paulo. The company rents two electric motorcycle models — the CPX (3,500W nominal, 45–65 km single-battery range) and the Comfort (4,300W nominal, 85–100 km dual-battery range) — to delivery drivers and urban riders through weekly and annual subscription plans that bundle unlimited battery swaps, preventive maintenance, insurance, 24-hour support, and roadside assistance. Primary customers are app-based gig-economy delivery workers operating on platforms such as iFood and Rappi, with a secondary enterprise fleet segment and operations confined to Greater São Paulo.

The core technology is a vertically integrated battery-swap ecosystem comprising proprietary IoT-enabled swap cabinets (450+ boxes deployed across 150+ partner-hosted stations including bakeries, gas stations, markets, and parking facilities), custom lithium battery packs (60V/45Ah and 74V/28Ah configurations), a customer-facing mobile app (iOS and Android) for onboarding, station navigation, and billing, and an internal fleet management platform with real-time telemetry for GPS tracking, battery diagnostics, and proactive maintenance scheduling. The architecture's defining feature is sub-one-minute battery exchange, which Vammo positions against the multi-hour downtime of plug-in charging as the operational core of its value proposition.

Commercially, Vammo generates recurring revenue through weekly subscription fees (CPX Annual at R$139–R$159/week; Comfort Annual at R$189/week; Comfort Unlimited at R$459/week), usage-based per-kilometer charges (R$0.24/km on per-km plans), accessory upsells (R$20/week storage box, R$5/week windscreen), and a B2B station partnership program in which venue hosts receive monthly payments. All payments are processed exclusively through Mercado Pago. The company has facilitated over 6.5 million battery swaps and 165 million kilometers of fleet travel, and has set a fleet expansion target of 15,000 motorcycles by year-end 2025, supported by cumulative funding of approximately US$89 million across seed, Series A2, Series B, and side rounds.

Name

Vammo

Legal name

VAMMO S.A.

Website

https://vammo.com/

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Vammo is a São Paulo-based electric motorcycle rental and battery-swap-as-a-service platform serving primarily app-based delivery drivers (iFood, Rappi) with weekly subscriptions, proprietary battery-swap infrastructure, and bundled maintenance across Greater São Paulo.

Ownership category

akta.pro rank

Product category

Electric Motorcycle Rental and Battery-Swap Mobility Services

NAICS

Automotive Equipment Rental and Leasing (5321)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510), Motorcycles, Bicycles & Parts (3751)

akta.pro primary industry

Street & Standard Motorcycle Rentals (THADAHAA)

akta.pro secondary industries

Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles) (TLABAHAI), Micromobility Charging & Battery Swapping Services (THADAGAL), Shared Mopeds/Motorbike Share (TLAFAMAH)

Keywords

• Electric motorcycle rental
• Battery swap network
• Last-mile delivery vehicles
• Mobility-as-a-service
• Fleet management platform

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Motorcycle Rental (Subscription): Vammo generates primary revenue through weekly rental subscriptions for electric motorcycles. Customers choose between per-km plans (weekly base fee + per km charge) or unlimited plans (fixed weekly rate). The subscription model provides predictable recurring revenue and includes bundled services (maintenance, insurance, battery swaps, roadside assistance) reducing churn and increasing lifetime value.
2. Usage-Based Charges (Per-km): In the per-km plan, customers pay R$ 0.24 per kilometer in addition to their weekly base fee, creating a usage-based revenue component that scales with customer activity.
3. Accessory Rentals: Vammo offers optional accessories including a 90L storage box (R$ 20/week) and a windscreen fairing (R$ 5/week), adding incremental revenue per subscriber.
4. Station Partnership Revenue Share: Vammo compensates station hosts (bakeries, gas stations, parking lots) with monthly payments for hosting battery swap boxes, generating traffic and revenue for partners while expanding Vammo's network coverage.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Vammo rents electric motorcycles to delivery drivers and urban riders in Greater São Paulo on weekly subscription plans (Annual, Monthly, and Unlimited tiers) bundled with maintenance, insurance, roadside assistance, and unlimited battery swaps at its proprietary network of 150+ swap stations and 450+ battery boxes. Customers access the service through a mobile app that handles onboarding, station navigation, swap transactions, and billing. The company also operates a B2B station partnership program, paying local businesses to host swap cabinets on their premises.

Product overview

Vammo is a Brazilian electric motorcycle rental platform operating a battery-swap-based mobility ecosystem. The core offering consists of two electric motorcycle models — the CPX and the Comfort — available on weekly rental subscription plans (Annual, Monthly, and Unlimited tiers). These plans bundle unlimited battery swaps at Vammo's proprietary network of over 150 stations and 450+ battery swap boxes across Greater São Paulo, alongside inclusive maintenance, 24h support, guincho, and reserve motorcycle services. The platform is anchored by the Vammo App, which manages customer onboarding, real-time station navigation, battery swap transactions, service scheduling, and billing. Supporting infrastructure includes an internal all-in-one fleet management platform, a proprietary battery swap cabinet and interoperable battery pack, an IoT system for real-time asset tracking, and a B2B station partnership program enabling third-party venues to host swap stations. Additional modules include Casa Vammo physical rest spaces, the Desbravadores referral/loyalty program, and a branded merchandise store.

Differentiator

Problem solved

Functional benefit

Products and services

• CPX Electric Motorcycle The CPX is Vammo's primary electric motorcycle model for urban use and food delivery, featuring a 3,500 W nominal / 4,700 W maximum motor, 100 km/h top speed, and single-battery range of 45–65 km (or dual-battery 85–100 km). It is rented on weekly subscription plans starting at R$ 139/week (Annual) or R$ 209/week (Monthly) plus R$ 0.24/km, with weekly cap of R$ 499, and is built on the VMoto CPX platform customized for Brazilian road conditions.
• Comfort Electric Motorcycle The Comfort is Vammo's higher-specification electric motorcycle with a 4,300 W nominal / 6,100 W maximum motor, 100 km/h top speed, dual-battery configuration, regenerative braking, and 85–100 km range. It is suitable for daily urban use, food delivery, mototaxi, and hill climbing, and is available on annual per-km plans at R$ 189/week or annual unlimited plans at R$ 459/week.
• Battery Exchange Network (Estações de Troca) A proprietary battery-swap network comprising 150+ stations and 450+ battery boxes across Greater São Paulo, hosted at bakeries, gas stations, markets, and parking facilities. Riders exchange depleted batteries for fully charged ones in under one minute, with availability shown in real time through the Vammo app. Network access is bundled into every weekly rental subscription.
• Vammo Mobile App A customer-facing mobile application available on iOS and Android that handles end-to-end rental subscription management: sign-up and plan selection, motorcycle pickup scheduling, real-time battery swap station location and availability, swap transaction execution, weekly kilometer tracking and billing, service and maintenance scheduling, 24/7 support access, and digital CRLV vehicle document. The app also collects IoT telematics data for fleet management and anomaly detection.
• Station Partnership Program (B2B) A B2B program under which Vammo recruits third-party businesses (bakeries, gas stations, markets, parking lots such as MovePark and Rede Arinella) to host proprietary Vammo battery swap cabinets (box de troca) in L, U, or linear configurations on their premises. Vammo pays partners a monthly fee and handles box installation and maintenance, while partners benefit from additional customer foot traffic generated by riders performing swaps.
• Vammo Store (Branded Merchandise) An online and physical merchandise store selling Vammo-branded apparel and accessories, including jackets, t-shirts, windbreakers, hoodies, and caps, primarily to existing subscribers and brand community members.

Quantifiable outcome

• Over 6.5 million battery swaps performed, demonstrating high operational usage
• +4 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Grupo DBScoreStrategic or Co-development Partner · 1 January 2026Grupo DBS plans to construct a new electric motorcycle factory in Manaus with 30,000-unit annual capacity specifically to serve growing demand from food delivery operators like Vammo. This represents a manufacturing partnership to support Vammo's fleet expansion targets.
• MoveParkminorChannel Partner/ Reseller/ DistributorMovePark is a parking facility operator that hosts Vammo battery swap stations. They currently operate 8 Vammo-equipped locations, with plans to expand further by integrating battery swap infrastructure into their parking network.
• Rede ArinellaminorChannel Partner/ Reseller/ DistributorRede Arinella is a partner network with 18 Vammo battery exchange stations, working with Vammo to lead the transition to urban electrification aligned with a more sustainable energy matrix.
• VMotocoreOEM/ Whitelabel/ Licensing PartnerVammo has an exclusive arrangement with VMoto for the CPX electric motorcycle model, customized specifically for Brazilian road conditions and distributed exclusively through Vammo.

Scale indicators9 records

Recent moves6 records

Expansion highlights7 records

Emerging players

• Voltz Motors: Voltz Motors is a Brazilian electric motorcycle startup focused on urban delivery riders. It targets the same customer persona as Vammo (iFood/Rappi couriers) with locally manufactured EVs, making it the most direct domestic emerging competitor.
• Ather Energy: Ather Energy is an Indian premium electric scooter manufacturer with a fast-charging network and subscription-like ownership. It overlaps with Vammo on tech-forward EV two-wheelers targeting urban professionals, though it does not yet run a swappable-battery network at Vammo's scale.
• CAKE (Stilride / Cake Makka): CAKE is a Swedish electric two-wheeler maker targeting urban last-mile and commercial fleets, including partnerships with delivery operators. While premium and not swap-based, it overlaps with Vammo on the commercial-fleet electrification thesis.

Direct peers

• Silence Urban Ecomobility: Silence manufactures electric scooters with removable/swappable battery packs and offers them via subscription in several European cities. The swappable-battery architecture and B2B/B2C subscription positioning make it a direct peer to Vammo's swap-driven model.
• Yulu: Yulu provides shared electric two-wheelers and battery-swap stations in Indian cities, often partnering with delivery platforms. Its shared-mobility + swap-station approach closely parallels Vammo's urban delivery-focused model.
• Zeway: Zeway operates an electric moped subscription service in France and Italy with swappable batteries, targeting gig delivery riders with an all-inclusive weekly model very similar to Vammo's CPX/Comfort subscription plans. Direct comparable on business model and customer persona.
• Gogoro: Gogoro pioneered the electric scooter battery-swap model in Taiwan and now operates the largest swap network globally. It is the closest direct peer to Vammo in combining proprietary swap stations, a subscription-based electric two-wheeler offering, and a partner-host distribution model for swap cabinets.
• Bounce Infinity: Bounce operates an electric scooter rental and battery-swap subscription model in India, explicitly targeting delivery gig workers. Its subscription + swap-station model mirrors Vammo's structure, making it a strong direct peer for unit economics benchmarking.

Broad incumbents

• Honda Motor (Electric Two-Wheelers): Honda dominates the Brazilian motorcycle market and is rapidly electrifying its two-wheeler lineup, including swappable-battery concepts. As a broad incumbent with unmatched dealer and financing reach in Brazil, Honda is the most strategically relevant large competitor.
• Hero Electric: Hero Electric is one of India's largest electric two-wheeler manufacturers with a broad product portfolio and dealer network. It is a broad incumbent in the EV two-wheeler space that competes indirectly with Vammo's target market of urban delivery riders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@vammo_br
• Facebookfacebook.com/people/Vammo/100090923049866
• LinkedInlinkedin.com/company/vammo
• Instagraminstagram.com/vammobr

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds5 records

Investors12 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 Vammo