App to locate, book, and rent bikes easily.
| Exit Year | Multiple | IRR |
|---|---|---|
| 2021 | 1.0 x | 0% |
| Buyer |
|---|
| IPO |
Donkey Republic is a Copenhagen-based bike-sharing company with more than 13,000 bikes across 60 cities in 14 countries.
| Status | Founded | HQ |
|---|---|---|
| Exit | 2014 | Denmark |
| Investment | Vertical | Theme |
|---|---|---|
| 2017 | Mobility | Sustainability |
| Co-Investors |
|---|
|
Name 1 Name 2 |
Why did we invest in Donkey Republic?
–
“-”
– @ Scale Capital
What does Donkey Republic do?
Donkey Republic has developed an app that allows people to locate, book and rent a bike with a single click on a button. Donkey aims to turn the bicycle into the hero of urban mobility and a catalyst for more liveable cities.
How sustainable and accessible is Donkey? Their solution contributes to less traffic-congested cities by offering more than 14,000 bikes across 60 countries in 14 countries. To date, the company has facilitated more than 1,700,000 bike rides worldwide.
The tool features automated supplier onboarding, invoice management, cash flow management and is made in partnership with Mastercard in order to simplify B2B purchases, payments, and compliance through business cards. With Mazepays solution, corporates can simplify their payments via virtual cards and ensure transparency, compliance, and efficiency when it comes to long-tail spend.
Related Stories
