City Transformer Overview

  • Founded
  • 2014
Founded
  • Status
  • Private
  • Employees
  • 18
Employees
  • Latest Deal Type
  • Angel
  • Latest Deal Amount
  • $7.5M
Latest Deal Amount
  • Investors
  • 6

City Transformer General Information

Description

Developer of a foldable electric car intended to provide an upgraded driving experience for urban residents. The company designs and develops an electric car which has the ability to change its width from a conventional passenger car, when in driving mode to that of a motorcycle in parking mode so that the driver can leave the car in parking spaces reserved for motorists, allowing people to park easily and maneuver better in the city.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Automotive
Primary Office
  • 121 Devora Hanevia Street
  • Tel Aviv
  • Israel
+972 000-000-0000

City Transformer Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth
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City Transformer Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Angel (individual) 01-Nov-2020 $7.5M 000.00 Completed Product Development
10. Grant 16-Dec-2019 00000 00.000 Completed Product Development
9. Corporate 01-Dec-2018 00.000 00.000 Completed Product Development
8. Grant 01-Sep-2017 00000 00.000 Completed Startup
7. Seed Round 01-Jun-2017 00000 00.000 Completed Startup
6. Angel (individual) 00.000 00.000 Completed Startup
5. Capitalization 01-Mar-2017 00000 00000 Completed Startup
4. Accelerator/Incubator 000.00 Completed Startup
3. Accelerator/Incubator 01-Jan-2016 $26.1K Completed Startup
2. Accelerator/Incubator 06-May-2015 $26.1K Completed Startup
To view City Transformer’s complete valuation and funding history, request access »

City Transformer Patents

City Transformer Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
JP-2017534530-A Foldable vehicle, system and adjustment assembly for adjusting vehicle width Granted 14-Oct-2013 00000000000
JP-6483844-B2 Foldable vehicle, system and adjustment assembly for adjusting vehicle width Active 14-Oct-2013 00000000000
US-20170305190-A1 Foldable vehicle, system and adjustment assembly thereof for adjusting width of a vehicle Granted 14-Oct-2013 00000000000 0
US-10603955-B2 Foldable vehicle, system and adjustment assembly thereof for adjusting width of a vehicle Active 14-Oct-2013 00000000000
EP-3206887-A1 Foldable vehicle, system and adjustment assembly thereof for adjusting width of a vehicle Pending 14-Oct-2013 B60B35/1036
To view City Transformer’s complete patent history, request access »

City Transformer Executive Team (7)

Name Title Board Seat Contact Info
Asaf Formoza Ph.D Co-Founder, Chief Executive Officer & Board Member
Gideon Goldwine Ph.D Co-Founder & Chief Technology Officer
Joel Avisror Automotive Interior Designer
Udi Meridor Co-Founder, Chief Operating & Strategy Officer & Board Member
Eyal Cremer Chief Design Officer
You’re viewing 5 of 7 executive team members. Get the full list »

City Transformer Board Members (2)

Name Representing Role Since
Asaf Formoza Ph.D City Transformer Co-Founder, Chief Executive Officer & Board Member 000 0000
Udi Meridor City Transformer Co-Founder, Chief Operating & Strategy Officer & Board Member 000 0000
To view City Transformer’s complete board members history, request access »

City Transformer Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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City Transformer Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
The Energy and Water Resources Ministry of Israel Government 000 0000 000000 0
ADI Technologies Corporation Minority 000 0000 000000 0
MassChallenge Accelerator/Incubator 000 0000 000000 0
Microsoft for Startups Accelerator/Incubator 000 0000 000000 0
EcoMotion Accelerator/Incubator Minority 000 0000 000000 0
You’re viewing 5 of 6 investors. Get the full list »