Dutch mobility start-up Innovactory, the company behind transport app Gaiyo, has received €1.5 million in a funding round. The new capital will be used for product development, connecting more transport providers and increasing the number of users of the app.
Gaiyo is an innovative app that functions as a one-stop shop for any form of (shared) mobility. The Gaiyo users can very easily plan their trip and get access to all forms of shared mobility (cars, e-scooters, e-bikes), public transport and cabs. Gaiyo is also the cheapest parking app in the Netherlands. Dutch newspaper ‘De Volkskrant’ already called Gaiyo at the end of 2020: ‘the most convenient and comprehensive transport app of the moment’.
More people access to sustainable mobility
Horizon Flevoland is lead investor in a funding round of over 1.5 million euros, in which other investors also participate. Lucien Groenhuijzen, CEO of Innovactory: ‘The new capital will be used to expand services in the Netherlands and abroad. The goal is to give more people access to sustainable mobility services. We are happy with Horizon as an investor, because they will use their knowledge and network to help us find real solutions, without taking the place of the entrepreneur.
Innovactory was founded in 2013 by a team of former TomTom employees. Their mission: developing innovative, smart solutions for mobility. With their products they respond to the challenges of today’s traveller, who regularly travels in busy urban areas.
Smart, fast and sustainable travel
Eric Bos Waaldijk, senior investment manager at Horizon Flevoland: ‘Innovactory has an appealing vision of mobility and a strong team. We all know that a more sensible and smarter approach to mobility is necessary. for many reasons. By making all forms of transportation accessible in a very simple way, Innovactory helps the traveller to travel smart, fast and sustainable.
About Horizon Flevoland
Horizon Flevoland is the regional development agency of Flevoland and manages a number of regional investment funds. These are intended for Flevoland companies that want to innovate and also for companies that plan to establish themselves here.