E-bike subscription service
To make cities more livable, by facilitating access to electric mobility for everyone.
Mitte, Berlin, Germany
Some candidates hear
back within 2 weeks
19% employee growth in 12 months
CEO of Otta
More than 1,000 kilometres of new cycling infrastructure have been implemented in Europe since 2020 and nearly half of Germans are interested in owning an e-bike. The European market is now projected to double by 2025. However, with an average purchasing price of €2,300, e-bikes are expensive and have a higher probability of being stolen, leaving many consumers out of the market.
Dance offers a cheaper, more flexible alternative to buying an e-bike. Dance’s “E-bikes-as-a-service” solution allows users to pay a subscription service for e-bikes. For a set monthly cost, e-bikes are delivered directly to users’ doors, plus, the subscription also covers servicing, repairs, theft insurance, and replacement bike in the case of theft. Dance was founded by the team behind SoundCloud and Jimdo, which has lent the company considerable credibility, and attracted impressive funding.
Dance has gained a solid foothold in Germany, France, and Austria. Its largest market is Paris as the city is set to build +1,000 km of bike lanes. it will face significant challenges in other markets. If Dance is to scale its operations in new territories - such as the UK, where there are large competitors such as DASH, LYTE, and Zoomo - its early 2023 funding will need to be put to good use, further optimising and expanding its offerings.
🌍 Company-wide benefits
🇪🇺 EU benefits
Alexander co-founded Soundcloud in 2007 after studying at KTH Royal Institute of Technology in Sweden, and serves as its CEO and managing director. Alexander founded Dance in 2020 alongside Christian Springub (ex-Jimdo) and Eric Quidenus-Wahlforss (formerly of SoundCloud).
Eric Wahlforss holds a Master of Science in Industrial Economics from the Royal Institute of Technology in Stockholm, and studied Business at the Stockholm School of Economics. Eric is the Co-Founder and CEO of Dance. He co-Founded SoundCloud Limited in 2007 and served as its Chief Technology Officer.
Christian Springub started his first company while still in school. Christian is a co-founder of Jimdo and currently heads Jimdo USA. Christian is the COO & Co-Founder of Dance.
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