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DateInvestorsAmountRound
N/A

€0.0

round
N/A

€0.0

round
N/A

€0.0

round

€4.1m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-36 %109 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about ShareLock
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Sharelock is a digital platform that offers comprehensive and transparent bicycle insurance services. The company primarily serves bicycle owners, including electric bike owners, and businesses with a fleet of bicycles. Sharelock operates in the insurance market, specifically focusing on bicycle insurance, a niche yet growing sector given the increasing popularity of cycling for both leisure and commuting.

The business model of Sharelock is straightforward. It provides insurance coverage for bicycles against theft, damage, and accidents. In the event of theft, Sharelock's insurance allows for the replacement of lost bicycles, thereby minimizing disruptions for businesses and individual activities. The company also offers a unique service - the world's first bicycle parking that reimburses in case of theft, even if the bicycle is not insured. This innovative offering sets Sharelock apart in the market.

Sharelock's revenue is primarily generated through the premiums paid by its customers for the insurance coverage. The company offers flexible plans, including promotional offers such as one month and three months free coverage, which can attract a wider customer base.

In summary, Sharelock is a user-friendly online platform offering reliable and cost-effective bicycle insurance services, with a unique value proposition of reimbursable bicycle parking.

Keywords: Bicycle Insurance, Online Platform, Theft Protection, Damage Coverage, Accident Coverage, Electric Bicycle Insurance, Business Fleet Insurance, Reimbursable Bicycle Parking, Insurance Premiums, Promotional Offers.

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