Turnover: 20 million EUR (2023)

Country: France

Karos is a shared mobility application available on smartphones, centered around users' journeys between work and home.

Karos is a car-sharing app born in 2014 and made available on download platforms in 2015. Today, the app totals over 1 million short journeys, particularly those between home and work. It connects different users making the same journey, so that they can share their vehicle.

Karos has today raised over 6 million euros, including 4.2 million in April 2018. The app has succeeded in bringing together a wide range of investors around its project, from the Arnault Group and the Aster investment company, to renowned Business Angels such as Xavier Niel and Franck Le Ouay, founder of Critéo.

News

Karos to anchor carpooling in French people's daily lives 27/11/2023

  • Karos has completed a €17 million financing round, led by Ring Capital.
  • Karos expects to achieve sales of around 20 million by 2023.
  • Karos was founded in 2014.
  • Karos offers its solution to 350 companies, including EDF, Safran and Saint-Gobain, and 50 local authorities.
  • Karos has won tenders from several municipalities, including Aix-en-Provence-Marseille, Strasbourg, Lyon and Toulouse.
  • Karos has already deployed its solution in Denmark, acquired a small competitor in Germany (goFlux), and launched in Spain

Financial Data

DUNS: 802798975

Legal Name: KAROS MOBILITY

Address: 10 RUE DE LA PAIX , 75002 PARIS 2

Number of employees: Entre 20 et 49 salariés (2021)

Capital: 138 541 EUR


Financial Data:

Year 2022 2021 2019 2018 2017 2015
Turnover - - 732 066 - - -
Gross margin (€) - - 1 143 532 - - 2
EBITDA (€) - - -1 438 494 - - -302 275
Operating profit (€) - - -1 663 286 - - -310 151
Net profit (€) 619 074 -907 018 -1 474 117 -1 934 958 -816 441 -323 269
Turnover growth rate (%) - - 4,1 - - -
Ebitda margin rate (%) - - -196,5 - - -
Operating margin rate (%) - - -227,2 - - -
Working Capital (turnover days) - - 654,6 - - -
Working Capital requirements (turnover days) - - 189,1 - - -
Net margin (%) - - -201,4 - - -
Added value / Turnover (%) - - -18,8 - - -
Wages and social charges (€) - - 1 283 923 - - 224 991
Salaries / Turnover (%) - - 175,4 - - -

Company Managers:

Position First Name Last Name Age Linkedin
Président Olivier Binet 45
Directeur général Tristan Croiset 41
Administrateur Charles Egly 45

Studies mentioning this company

The car fleet management market - France

Other companies mentioned:

  • Orange Business Service- OCEAN
  • LeasePlan
  • Arval
  • ALD Automotive - Ayvens
  • Free2Move Lease
  • Alphabet France Fleet Management
  • Esalys
  • Traxall
  • Overlease
  • Informakit
  • Chevin
  • Masternaut
  • Karos
  • Openfleet
  • Fatec
  • Solucar
  • Phoenix Developement
  • Holson
  • Aficar Mobility
  • Direct Fleet
  • Mobility Total Energy (Waykonect)
  • Leasys S.p.A.
  • Crédit Agricole Consumer Finance
  • BNP Paribas Leasing Solutions
  • Fraikin
  • Petit Forestier
  • One lease
  • Optimum Automotive (Shiftmove Group)
  • Athlon Car Lease
  • Movivolt