
BIKEEP INC
Bikeep: Commercial Bike Racks & Bicycle Parking Systems | Manufacturer.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | €2.5m | Seed | |
Total Funding | 000k |
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BIKEEP INC provides smart infrastructure for micromobility, addressing the market's need for secure parking and charging for bicycles and e-scooters. The company was founded in Estonia in 2013, initially starting as a student project. The founding team includes Kristjan Lind, Meelis Haidak, Ott Reinhold, Mikk Moses, and Kustas Koiv. The idea was born out of the founders' own frustrating experiences with bike theft. Kristjan Lind, the current CEO, is a mechanical engineer by training with a master's degree in Product Development and a passion for entrepreneurship. He joined the team after its initial success in an Estonian startup competition to help scale the company globally.
Bikeep's core business revolves around its IoT-powered platform that transforms standard bike parking into a networked and secure system. The company's product line includes smart bike racks, bike lockers, and storage sheds, which feature high-security steel locking arms, surveillance cameras, anti-theft alarms, and charging points for e-bikes. Users interact with the stations via a mobile app or RFID/NFC cards, such as local transit or employee cards, to lock and unlock their vehicles. This system addresses a significant barrier to urban cycling: the fear of theft. Bikeep reports that its stations have drastically reduced bike theft, with only two reported thefts in over two million uses worldwide.
The company targets municipalities, public transit companies, commercial and residential real estate developers, and corporate campuses. Its business model is multifaceted, allowing property owners to rent stations and generate revenue from parking fees or offer the service as a free amenity to attract cyclists. Bikeep also pursues a partnership-driven strategy, providing local resellers and distributors with the technology and business model to establish and operate Bikeep networks in their regions. This has enabled rapid global expansion, with installations in over 21 countries, including the US, New Zealand, Canada, and the UK. A key part of its offering is the management console, a backend platform that allows operators to monitor usage, manage access, and view real-time data. The company has received funding through seed rounds and equity crowdfunding, including a notable $3M funding round in 2021 to expand its partnership network in the US.
Keywords: micromobility infrastructure, smart bike parking, e-scooter charging stations, IoT platform, bicycle security, anti-theft bike racks, urban mobility solutions, bike locker systems, public transit bike parking, commercial bike storage, smart city technology, access control systems, bike sharing infrastructure, property technology, sustainable transportation, mobile app bike lock, RFID bike access, real estate amenity, corporate mobility, bike fleet management