# Beryl

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beryl

- Industry: Transportation Services
- Headquarters: London, UK
- Website: www.beryl.cc
- Total disclosed funding: $22M
- Latest round: Series A (Sep 30, 2021)
- Investors on record: 8

## About

Founded in 2011 and based in London, UK, SMIDSY Limited, trading as Beryl, is a micro-mobility company that provides shared bikes and e-scooters on a rental basis. In February 2024, the firm raised GBP 1 million in venture funding from investor Greater Manchester Combined Authority. This round of financing values Beryl at GBP 60 million post-money. Emily Brooke co-founded the company.

The company offers a mobile application that facilitates booking of bikes, e-bikes, e-scooters, and cargo bikes for rent. Users may locate the bikes via the company's app, ride, park, and lock the bike to finish the journey. The application has features like online payment, GPS tracking, and integrated safety measures.

The company plans to use the February 2024 funding to support the development of its commercial functions.

## Funding rounds

- Series A, Sep 30, 2021, $7.1M — Index Ventures, PCH International, Lepe Partners, Pembroke VCT, LocalGlobe, Raven Capital
- Series A, Dec 18, 2017, $6.7M — Index Ventures, PCH International, Lepe Partners, Pembroke VCT, Raven Capital
- Series A, Jul 28, 2016, $5.9M — Index Ventures, PCH International, Lepe Partners, Pembroke VCT, LocalGlobe, Raven Capital
- Seed, Oct 3, 2014, $1.6M — Lepe Partners, Pembroke VCT, Raven Capital
- Seed, Feb 14, 2014, $0.5M — Index Ventures, Entrepreneur First Operations Limited, LocalGlobe
- Seed, Nov 21, 2013, $0.5M — Index Ventures, LGV Capital, PCH International, Lepe Partners, Pembroke VCT, LocalGlobe

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series A
- LGV Capital (https://capitalatlas.ai/funds/lgv-capital) — Seed
- PCH International — Seed, Series A
- Lepe Partners — Seed, Series A
- Pembroke VCT (https://capitalatlas.ai/funds/pembroke-vct) — Seed, Series A
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Seed, Series A
- Entrepreneur First Operations Limited — Seed
- Raven Capital (https://capitalatlas.ai/funds/raven-capital) — Seed, Series A