Bikmo
Latest round
- Series A
Last raised
- Oct 2023
Total raised
- $5.4M
Investors
- 3
About Bikmo
Founded in 2012 and headquartered in Flintshire, UK, Bikmo Limited specializes in cycle insurance, offering coverage for both amateur and professional cyclists.Bikmo specializes in providing comprehensive cycle insurance tailored specifically for cyclists. Their core offerings include coverage for bicycles and eBikes against theft, accidental damage, and vandalism, ensuring that both the rider and the bike are protected at home and while on the move. Additional features of their insurance policies include clothing and accessory coverage, event fee reimbursement, and personal accident support, which collectively aim to deliver financial security in the event of injury or loss. The policies are designed for a diverse client base, ranging from casual cyclists to competitive riders, and they operate in key markets across the United Kingdom, Germany, Ireland, Austria, Switzerland, and more.Bikmo operates on a subscription-based revenue model, with customers paying a monthly premium for their cycle insurance coverage.73 per month, which varies depending on the insured value of the bicycle and additional features chosen by the customer. The company benefits from a multi-bike discount structure, offering 50% off for additional bikes under the same household, and a 25% discount on e-bikes. Revenue is generated directly from individual consumers who purchase these insurance policies, with transactions typically processed through the company's online platform. The company plans to launch new products and expand into additional markets by utilizing the recent capital injection.
Who invested in Bikmo
3 investors across 2 rounds
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Questions about Bikmo
Who invested in Bikmo?
Bikmo has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Bikmo raised?
Bikmo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Bikmo last raise money?
Bikmo's most recent round on record is a Series A, in Oct 2023.
What does Bikmo do?
Founded in 2012 and headquartered in Flintshire, UK, Bikmo Limited specializes in cycle insurance, offering coverage for both amateur and professional cyclists.
Where is Bikmo headquartered?
Bikmo is headquartered in Flintshire, UK.
Which VCs invest in companies like Bikmo?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back insurance companies at Bikmo's stage. Their profiles are linked below.
VCs backing insurance startups at Series A
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