Mobility Giant, the UK’s most trusted provider of refurbished mobility scooter rentals and sales, today announces the successful close of a new funding round to accelerate the company’s long-term growth. The investment will enable Mobility Giant to scale its long-term rental book exponentially over the next 2-3 years, supporting a growing market of customers seeking greater independence and mobility.
To date, the business has focused on the refurbishment of pre-owned scooters for onward rental to the private market. The new equity will underpin Mobility Giant’s expansion of its rental offering into the provision of new scooters.
With an ageing population and rising demand for affordable, trustworthy mobility solutions, Mobility Giant is uniquely positioned to transform the way customers access and benefit from personal mobility.
“This raise marks an exciting new chapter for Mobility Giant,” said Managing Director, Richard Wright. “Our ‘One Payment Peace of Mind’ approach has enabled us to build a trusted, high-quality, long-term rental offering that gives thousands of customers throughout the UK their freedom back. With this funding, we’re poised to continue to lead innovation, reliability, and customer service in our market. Stay tuned for further announcements!”
Mobility Giant has grown its subscription-based rental customer base substantially over recent years as demand from those without the means to purchase or who simply want the holistic peace of mind that a Mobility Giant rental provides has increased. Incorporating scooter servicing, insurance, breakdown cover, and the scooter itself into one, affordable, monthly payment has granted access to the freedom and independence a mobility scooter provides.
“Our investment journey with Mobility Giant began in 2019, and today we see a pivotal opportunity for exponential growth of the long-term rental product,” said Martin Ling, investor lead. “The company’s market-leading status, robust infrastructure, and excellence in customer service creates an unrivalled opportunity to transform and support a continually underserved customer segment.”
About Mobility Giant
Founded in 2011, Mobility Giant is the UK’s largest provider of mobility scooters on long-term rental. The company is on a mission to empower individuals with limited mobility by offering high-quality new and refurbished scooters through a flexible, affordable, subscription model.