5 years ago

Buzzbike Raises £1.7 Million to Fuel Growth in London's Bike Subscription Market

  • Buzzbike, a London-based bike subscription platform, has secured £1.7 million in funding, bringing its total funding to £3 million

  • The investment will be used to scale the company's operations and meet the growing demand for cycling alternatives in London

  • Buzzbike offers a monthly subscription model with premium bikes, theft protection, maintenance, and discounts on cycling gear

  • The company has seen a significant surge in sales since the COVID-19 pandemic, as Londoners seek safer and more sustainable transportation options.

      • ProblemTransportation

      "Many Londoners are seeking alternatives to public transportation due to COVID-19 infection risk, but existing options like owning a bike can be expensive and inconvenient."

      Solution

      "Buzzbike provides a flexible and affordable bike subscription service that includes a premium bike, theft protection, maintenance, discounts on gear, and incentives to cycle through their app."

      Covered on