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Status: Active

May 24th 2021 - Jul 3rd 2021

17 days left

havebike is a bicycle repair business that collects, cleans, services and returns bicycles to owners at their doorstep, all via its app. The company asserts that it has been responsible for servicing approximately 2,500 specially designed bikes for the London Police and Ambulance Services since its launch in 2010. It also claims to be an authorised service agent for leading bicycle brands including, Brompton, Canyon and Ribble. havebike also holds a 'Shimano Service Centre' accreditation. It aspires to become a contender in the cycling market that was valued at £2.31 billion in late 2020. havebike's technology platform and booking system, Atlas, in late 2019 led to the company's Quarter To Date (QTD) revenues increasing by 484% and customer base by 22% as of February 2021. The company will use the investment for opening new workshops and mobile workshops (including fit-out) and cover marketing costs as it enters new markets to scale its business.

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  • £452,918
    pledged
  • 90%
    of goal

    £500,002
    target

    £6,496,620
    pre-money valuation

    7.15%
    equity available

    180
    investors

    £2,516
    pledge per investor

    08919298
    company number

    Active
    company status

    03/03/2014
    incorporated 7 years

    Previous Funding rounds
    24 May 21 Seedrs £452,918 / 91%

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Funding progress



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83%

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pledged: 80% days to go: 10 investment: £685,042

  • £452,918
    pledged
  • 90%
    of goal

    £500,002
    target

    £6,496,620
    pre-money valuation

    7.15%
    equity available

    180
    investors

    £2,516
    pledge per investor

    08919298
    company number

    Active
    company status

    03/03/2014
    incorporated 7 years

    Previous Funding rounds
    24 May 21 Seedrs £452,918 / 91%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph