Vammo reached operational breakeven and doubled its ARR in just four months, surpassing R$150 million (~$27M).

Vammo is removing the barriers to the adoption of electric motorcycles in Latin America via a battery swapping ecosystem.

With 97% fleet utilization, they currently operate nearly 9,000 electric motorcycles, serving 500,000 users in São Paulo.

They plan to expand their fleet to 15,000 motorcycles by 2026. CEO Jack Sarvary noted significant unmet demand, leading the company to accelerate its growth and plan for a new funding round by year-end.