# Vapaus Bikes Finland

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vapaus-bikes-finland

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Helsinki, Finland
- Website: www.vapaus.co
- Total disclosed funding: $3.2M
- Latest round: Seed (Nov 29, 2021)
- Investors on record: 2

## About

Based in Helsinki, Finland, and founded in 2018 by its CEO, Mikko Ampuja, and co-founders Tatu Mäkilä and Lasse Keronen, Vapaus Bikes Finland Oy operates as a mobility company that provides sustainable environmentally friendly transportation solutions aimed at reducing carbon emissions and promoting sustainable modes of travel. In November 2021, Vapaus Bikes Finland Oy raised EUR 2.8 million in seed funding, led by Superhero Capital, with Prunex Oy. As of 2021, the company offers 200 brands of cycles and employs 15 people, as well as serves around 134 customers.

Vapaus Bikes Finland Oy offers shareable bikes or leases a bike for commuting or shorter rides during the day for each employee. The company also offers a free platform that helps with administration and payroll for employees and employers. The company's client base includes Telia, YIT, Wärtsilä, and Supercell.

The company generates revenue by selling different models of bikes and also by offering bikes on a lease and charging fees every month.

Vapaus Bikes Finland Oy will use seed funding to develop its products and services.

## Funding rounds

- Seed, Nov 29, 2021, $3.2M — Superhero Capital, Prunex Oy

## Investors

- Superhero Capital (https://capitalatlas.ai/funds/superhero-capital) — Seed
- Prunex Oy — Seed