VadeCity Asset Profile

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Year established

2014

Location

Barcelona Spain

Primary Industry

Transportation Services

About

Based in Barcelona, Spain, and founded in 2014 by its CEO Marta Recasens, VadeCity operates as a transportation service company that provides added value to the mobility needs of people, organizations, and municipalities. In October 2022, VadeCity raised EUR 0.50 million in venture funding. VadeCity offers VadeBike a smart and sustainable parking system for bicycles and scooters, specifically designed to organize micro-mobility for cities that combats theft and encourages healthy lifestyles. It has three anchor points to secure bicycles and avoid carrying chains, enough space to store the helmet and insurance included to protect users against any eventuality; Smart-totem is an urban furniture system for capturing city data and other services such as 5G connectivity, advertising and water source. The company plans to use venture funding to support the operation and expansion phase in Madrid.

Primary Industry

Transportation Services

Sub Industries

Public Transit/Transportation, Automobiles, Other Vehicles & Parts, Analytics & Performance Software

Website

www.vadecity.com

Verticals

Artificial Intelligence, Big Data, IoT (Internet of Things)

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Dec 2017

43,663

(132,333)

(303.1%)

(130,930)

(299.9%)

(92,960)

(212.9%)

31 Dec 2018

19,037

(56.4%)

(135,949)

(714.1%)

(135,949)

(714.1%)

(135,764)

(713.1%)

31 Dec 2019

28,902

51.8%

(93,117)

(322.2%)

(40,542)

(140.3%)

(91,927)

(318.1%)

31 Dec 2020

31 Dec 2021

31 Dec 2022

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