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Renter

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February 17, 2025
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Renter

Renter is a long term e-bike subscription service for delivery riders.

Achievement

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Founded in

2022

Country

Estonia

Province

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Industry

Mobility

SDGs

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Patent information

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Team

Number of founders

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Number of employees

Founder backgrounds

Exit experience

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Relevant industry experience

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Previous startup experience

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Female founder

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EUR / Erasmus MC or TUDelft relation

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Graduation year from EUR, Erasmus MC or TUDelft

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In the news

Investment details

Amount raising

500000

Ownership founders

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Lead investor

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Current investors

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Intended closing date

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Fundraising status

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Already committed

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Revenue Metrics

Monthly revenue

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Monthly growth

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Paying customers

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Monthly active users

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Renter

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February 17, 2025
Data is self reported

Renter

Renter is a long term e-bike subscription service for delivery riders.

Achievement

· Fleet: 176 e-bikes across Romania & Moldova. · Revenue: €25k MRR (as of December 2024), projected to hit €30k MRR by March 2025. · Profitability: MRR fully covers expenses and there are funds left to be invested. · Customer Satisfaction: 265+ 5-star reviews, 100% retention of B2B clients (€12K LTV) constant increasing. · GCIP Winners in the ecologic transport section ($10K Grant Prize) · Winners of the biggest Upcelerator in Moldova (€5K Grant Prize) · During the 2024 team grew from 4 to 9 · Funds Raised: €150K - Loans, €80K - Equity, €20K - Grants

Founded in

2022

Country

Estonia

Province

Industry

Mobility

SDGs

"Industry, innovation and infrastructure (SDG #9)", Sustainable cities and communities (SDG #11), Climate action (SDG #13), Decent work and economic growth (SDG #8)

Patent information

none

Team

Number of founders

3

Number of employees

Founder backgrounds

Exit experience

No

Relevant industry experience

Yes

Previous startup experience

No

Female founder

No

EUR / Erasmus MC or TUDelft relation

Graduation year from EUR, Erasmus MC or TUDelft

In the news

Investment details

Amount raising

500000

Ownership founders

80-99% owned by founders

Lead investor

Yes

Current investors

€250K - Total: €150K - Loans €80K - Equity €20K - Grants

Intended closing date

Q2

Fundraising status

Actively fundraising (brand name visible)

Already committed

100000

Revenue Metrics

Monthly revenue

€20K - €40K

Monthly growth

8-12%

Paying customers

140

Monthly active users

140

Renter

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Renter is a long term e-bike subscription service for delivery riders.
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(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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TEAM

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Is there a founder with previous co-founder / c-level at startup experience?
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Is there a founder with previous Exit Experience?
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Is there a women founder with at least 5% of the shares?
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Is there a founder with a EUR / Erasmus MC or TUDelft relation?
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Graduation year from EUR, Erasmus MC or TUDelft
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OTHER

Year founded
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Patent status
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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
€20K - €40K
Growth rate month over month
8-12%
Monthly revenue context
Number of paying customers
140
Monthly active users
140

INVESTMENTS

Do you have a lead investor?
Yes
How much have you raised in the past?
€250K - Total: €150K - Loans €80K - Equity €20K - Grants
How much of this round already committed?
100000
When are you aiming to close this round?
Q2

TEAM

How much time do the founders spend on the business?
Is there a founder with previous co-founder / c-level at startup experience?
No
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
80-99% 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?
Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded
2022
Patent status
none

Basic details

Amount raising
500000
Country
Estonia
Industry
Mobility
Website
https://www.renter.md/
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
February 17, 2025

Key Achievements

  • · Fleet: 176 e-bikes across Romania & Moldova. · Revenue: €25k MRR (as of December 2024), projected to hit €30k MRR by March 2025. · Profitability: MRR fully covers expenses and there are funds left to be invested. · Customer Satisfaction: 265+ 5-star reviews, 100% retention of B2B clients (€12K LTV) constant increasing. · GCIP Winners in the ecologic transport section ($10K Grant Prize) · Winners of the biggest Upcelerator in Moldova (€5K Grant Prize) · During the 2024 team grew from 4 to 9 · Funds Raised: €150K - Loans, €80K - Equity, €20K - Grants

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