# Pony

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

- Industry: Transportation Services
- Headquarters: Angers, France
- Website: www.getapony.com
- Total disclosed funding: $31M
- Latest round: Series B (Sep 2, 2024)
- Investors on record: 10

## About

Pony Bikes Ltd., based in France, specializes in dockless shared bikes and electric scooters, providing innovative urban mobility solutions through a user-friendly mobile application.Founded in 2017, Pony Bikes Ltd. is dedicated to enhancing urban transportation through its fleet of shared bikes and scooters. The company is headquartered in Angers, France. The founding team includes Clara Vaisse and Paul-Adrien Cormerais, who currently serves as CEO. Pony has completed 4 funding deals, with the most recent being a Series B round that raised EUR 3 million on October 20, 2022, led by Épopée Gestion, and including investors Aquiti Gestion and Demeter IM. The total amount raised by Pony to date is EUR 3 million, with a current company valuation of EUR 17.188 million.Pony specializes in providing high-quality dockless shared bikes and electric scooters, conveniently accessible through a mobile application. The company offers various transportation options to meet urban mobility needs, including pay-per-ride, vehicle privatization, and unlimited membership plans. Pony operates in several urban areas across France and other European markets, collaborating with local authorities to fulfill specific city requirements. The company places a strong emphasis on sustainability, utilizing renewable energy for its vehicles and partnering with other firms for battery recycling initiatives.Pony generates revenue through its rental services, which are managed via the mobile app. Users can select from different pricing models, including one-time ride fees, monthly subscriptions for unlimited access, and privatization of vehicles for personal earnings. Although specific pricing details are not disclosed, customers typically pay based on ride duration and distance. Pony's participatory business model integrates community members into its operations, enhancing vehicle availability and supporting consistent revenue streams.Following its recent funding round in April 2023, Pony plans to utilize the EUR 3 million raised to bolster its development and consolidate research and development efforts. The company aims to repatriate production to Europe, enhancing local operations. Pony is also focused on introducing new products and expanding its market presence, with specific targets for growth in various European regions.

## Funding rounds

- Series B, Sep 2, 2024, $25M — Demea Invest, Xplore, Colam Entreprendre, Smart Lenders Asset Management Ltd., ADEME Investissement, Blast.Club, La Poste Ventures
- Series B, Oct 20, 2022, $2.9M — Demea Invest, Aquiti Gestion, Epopee Gestion
- Series A, Apr 4, 2020, $1.3M — Demea Invest, Kima Ventures
- Series A, Apr 17, 2019, $1M — Demea Invest, Kima Ventures

## Investors

- Demea Invest (https://capitalatlas.ai/funds/demea-invest) — Series A, Series B
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Series A
- Aquiti Gestion (https://capitalatlas.ai/funds/aquiti-gestion) — Series B
- Epopee Gestion (https://capitalatlas.ai/funds/epopee-gestion) — Series B
- Xplore (https://capitalatlas.ai/funds/xplore) — Series B
- Colam Entreprendre — Series B
- Smart Lenders Asset Management Ltd. — Series B
- ADEME Investissement (https://capitalatlas.ai/funds/ademe-investissement) — Series B
- Blast.Club (https://capitalatlas.ai/funds/blast-club) — Series B
- La Poste Ventures (https://capitalatlas.ai/funds/la-poste-ventures) — Series B