JET is a service for short-term rental of scooters with a prospect of x3-x15 in 3-5 years

Key project metrics

ZET is a service for short-term rental of scooters using a mobile application. The project has already been launched in 7 countries — Uzbekistan, Kazakhstan, Belarus, Georgia, Armenia, Azerbaijan, Moldova. According to reporting data for October 2025:

Done
20 million trips
Functioning
20 000 scooters
GMV
$24 million

Prospects

Jet is actively developing the international arena; it is already planning to launch in Argentina, Chile, Peru, Mexico, UAE, Qatar, Saudi Arabia, Morocco. Since November 2025, there has been active expansion into the Brazilian market. As of March 2024, more than 1,800 scooters have been launched in 3 cities — Santos, Itajai. Balneario Camboriu.

Deal details

  • Round
    $3 million
  • Company valuation
    $10 million
  • Minimum check
    $100,000 million
  • Minimum check
    SPV in Kazakhstan
  • Potential
    x3-5 years
  • x3-5 years
    IPO or sale to a strategic investor

Additional Information

  • 01 /
    The founders of Zet are from the Urent company, who sold Urent to MTS for more than 7 billion rubles
  • 02 /
    The investor does not pay for R&D, the company’s pre-money valuation is $0. Mobile application The technical component of the scooter is functional and has been tested.
  • 03 /
    The micromobility market in Brazil is larger than in Russia
  • 04 /
    Scooter payback in less than 4–5 months
  • 05 /
    Weak competition in Brazil (JET is already ahead of Whoosh in the number of cities and scooters)

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