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Status: Extended

Nov 9th 2020 - Dec 6th 2020

Laka Insurance is a collective insurance provider. The company is disrupting the cycling and e-mobility industry. It aims to become a segment leader in the aforementioned industry that is forecast to reach £100 billion by 2025. Laka argues that the traditional insurance model is based on insurers taking a customer's money and profiting from not paying out claims. It aims to change this. Members on Laka share the cost of all claims, and the company earns its share when settling claims for the member. Laka has insured over 10,000 bikes till date. The company launched its new product, Laka Club, in 2020 that offers third-party liability insurance. Laka has won the Best Cycle Insurance Provider at the Insurance Choice Awards multiple times. The company will use the investment to expand its customer base, bring new offerings, and expand its business across different demographics.

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    1,515
    investors

    £1,358
    pledge per investor

    10575209
    company number

    Active
    company status

    20/01/2017
    incorporated 7 years

    Previous Funding rounds
    28 Mar 24 Seedrs £2,056,630 / 206%

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days to go: Stretch investment: Withheld

Log in to view amount pledged

    Log in to view target

    1,515
    investors

    £1,358
    pledge per investor

    10575209
    company number

    Active
    company status

    20/01/2017
    incorporated 7 years

    Previous Funding rounds
    29 Mar 24 Seedrs £2,056,630 / 206%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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