About
BLITZ is focused on providing a cleaner, more cost-effective means of commercial transportation and a full range of first- and last-mile services, including 24/7 support, operations, insurance, maintenance, and repairs.
The company’s smart eMobility offerings are equipped with data analytics for predictive maintenance and enhanced operational efficiency, enabling customers to mitigate any problems with their moped fleets before they arise.
BLITZ scooters have driven over 20 million kilometers to date and saved 95% in overall energy costs for private consumers, government agencies, and corporations including Domino’s Pizza, McDonald’s, Pizza Hut, and the Israel Postal Company.
Funding history · 2 rounds · $10.5M total
Company Intelligence Q&A
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- When did Blitz Motors become a publicly traded company?
- Blitz Motors became public on the TASE in December 2020 through a reverse merger.
- What was the total amount raised by Blitz Motors in funding rounds?
- Blitz Motors has raised a total of $10.47 million in funding.
- Which companies are noted as customers of Blitz Motors' electric scooters?
- Domino’s Pizza, McDonald’s, Pizza Hut, and the Israel Postal Company are noted customers of Blitz Motors' electric scooters.
- What was the value of Blitz Motors' first deal in Europe?
- In October 2021, Blitz Motors secured its first deal in Europe, valued at approximately 2 million ILS.
- What significant partnership did Blitz Motors announce in June 2022?
- In June 2022, Blitz Motors announced a partnership with battery startup Addionics to work on Smart 3D electrodes.
- What change in leadership occurred at Blitz Motors in January 2024?
- In January 2024, Eitan Varon replaced Raphael Moszynski as the CEO of Blitz Motors.
- What operational challenge did Blitz Motors face in October 2023?
- In October 2023, Blitz Motors reported losses from its electric scooters, leading to salary reductions for senior executives.
- What is the current employee count for Blitz Motors?
- Blitz Motors currently has 19 employees.