SMAFO
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | <1m | 1.1m | <1m | <1m | 2.9m | 3.9m |
% growth | - | 20 % | (33 %) | - | 300 % | 33 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | €692k | Seed | |
* | €692k | Seed | |
* | €1.0m | Seed | |
Total Funding | $2.6m |
Related Content
Recent News about SMAFO
EditSmafo is a pioneering company in the e-bike subscription market, providing urban commuters with an all-inclusive service that includes flexible subscription plans, maintenance, and insurance. The business primarily targets city dwellers who seek an eco-friendly and convenient mode of transportation. Operating in the urban mobility sector, Smafo's business model revolves around a subscription-based service where customers pay a monthly fee to access high-quality e-bikes without the hassle of ownership. The company generates revenue through these subscription fees, which cover the cost of the e-bike, regular maintenance, and comprehensive insurance. This model ensures a steady stream of income while offering customers a worry-free cycling experience.
Keywords: e-bike, subscription, urban mobility, maintenance, insurance, eco-friendly, transportation, city dwellers, flexible plans, hassle-free.