BIYU

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November 25, 2023
Data is self reported

BIYU

The smoothest way to rent anything!

Achievement

After 2 pivots we found our mojo and are now ready to scale without huge expenses (zero to very low CAPEX) with tier-A brand partners such as Kärcher, STIHL, Festool and Pioneer-DJ to name a few.

Founded in

2020

Country

Netherlands

Industry

Marketplace

SDGs

Sustainable cities and communities (SDG #11), Responsible consumption and production (SDG #12), Climate action (SDG #13)

Patent information

Team

Number of founders

€40K - €100K

Number of employees

Yes

Founder backgrounds

McKinsey, Stripe

Exit experience

Yes

Relevant industry experience

Yes

Previous startup experience

Yes

Female founder

No

In the news

Investment details

Amount raising

2000000

Ownership founders

50-59% owned by founders

Lead investor

Current investors

€3,500,000

Intended closing date

Q4

Fundraising status

Already committed

€900,000

Revenue Metrics

Monthly revenue

€40K - €100K

Monthly growth

>16%

Paying customers

7500

Monthly active users

1000

BIYU

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The smoothest way to rent anything!
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Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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TEAM

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OTHER

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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
€40K - €100K
Growth rate month over month
>16%
Monthly revenue context
Number of paying customers
7500
Monthly active users
1000

INVESTMENTS

Do you have a lead investor?
How much have you raised in the past?
€3,500,000
How much of this round already committed?
€900,000
When are you aiming to close this round?
Q4

TEAM

How much time do the founders spend on the business?
100%
Is there a founder with previous co-founder / c-level at startup experience?
Yes
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
Yes
What percentage of company is owned by founders?
50-59% owned by founders
Is there a women founder with at least 5% of the shares?
No
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
None of these
Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded
2020
Patent status

Basic details

Amount raising
2000000
Country
Netherlands
Industry
Marketplace
Website
https://www.biyu.nl
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
November 25, 2023

Key Achievements

  • After 2 pivots we found our mojo and are now ready to scale without huge expenses (zero to very low CAPEX) with tier-A brand partners such as Kärcher, STIHL, Festool and Pioneer-DJ to name a few.
  • Brought CAC down to below EUR 20, and now have a CAC earnback time of 0.68 months. This business scales!

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