Company Overview
Snapshot
Founded in January 2011 by Kfir Ben Shooshan, Dror Ben-Shooshan, and Riccardo Nimrod Sapir, INOKIM operates with 11–50 employees. The company has secured funding across one disclosed round from one investor. In March 2022, INOKIM announced a strategic collaboration with Disney, Pixar, and Marvel to introduce a new line of electric scooters for children aged 5-8, marking a significant expansion into the youth market.
Business overview
INOKIM is a developer and producer of electric scooters, offering a comprehensive range of light and foldable models designed as last-mile solutions for urban commuters. The company's products feature innovations such as removable batteries, LED lights, and integrated speakers. INOKIM primarily serves the urban mobility market, operating within the Automotive & Mobility Technologies sector and focusing on eco-efficient transportation and mobility optimization.
Strategic signal
In April 2022, INOKIM announced its expansion into the United States market, establishing logistics offices and warehouses in Miami, Florida. This move signals a significant growth trajectory and a commitment to global market penetration, aiming to increase scooter sales substantially in the coming years and reinforce its position in environmentally-conscious transportation.
Log in to access full profile ›Company Intelligence Q&A
- What was INOKIM's key strategic expansion in early 2022?
- In April 2022, INOKIM expanded its operations into the United States, opening logistics offices and warehouses in Miami, Florida. This strategic move aims to significantly increase sales and market presence in North America.
- What new market segment did INOKIM enter in March 2022?
- In March 2022, INOKIM collaborated with Disney, Pixar, and Marvel to launch a new line of tri-wheel electric scooters specifically designed for children aged 5-8, emphasizing safety features and targeting the youth market.
- What leadership appointments did INOKIM announce in March 2022?
- In March 2022, INOKIM announced several new appointments, including Yossi Blut as VP Strategic Partnerships and David Sahar as CFO and Deputy CEO, to support its expansion into technology and e-commerce.
- What significant operational change did INOKIM undertake in August 2021?
- In August 2021, INOKIM merged its business operations in Israel with its manufacturing facility in China. This merger, valued at several tens of millions of dollars, aimed to enhance control over its value chain and support global expansion plans.
- What were INOKIM's IPO plans in May 2021?
- In May 2021, INOKIM announced plans for an IPO in September 2021, reflecting its rapid growth and global sales in 40 countries. Big Shopping Centers, an investor, was projected to see a significant return on its 2020 investment if the IPO materialized.