CDVCA has invested in Puerto Rico-based micromobility start-up Skootel to support its expansion into new markets and technology development.

Target Information

Skootel is an innovative micromobility start-up based in Puerto Rico, specializing in the rental of scooters and bikes via a user-friendly app. Founded in 2019 by Juan Carlos Parra and Aldo Briano, who returned to Puerto Rico after a decade in Silicon Valley, Skootel has made significant strides in the urban transport sector. As of now, the company operates a fleet of 2,600 scooters and 120 bikes across five markets, achieving over 1.5 million rides and accumulating a user base exceeding 200,000 individuals.

With a dedicated team of more than 50 employees, Skootel has established itself as a vital player in the micromobility space. Users have collectively travelled more than 1.6 million miles, resulting in a substantial reduction of approximately 500 tons of CO2 emissions, highlighting the company's commitment to sustainability and eco-friendly transportation solutions.

Industry Overview in Puerto Rico

The micromobility sector in Puerto Rico is rapidly evolving, driven by urbanization and increasing demand for efficient transportation alternatives. The island has historically faced transportation challenges,