listnride is a bike sharing platform which connects bikes to cycling enthusiasts. People can book a variety of individual bicycles online – including road bikes, cargo bikes and e-bikes. Bikes can be rented from brands, individuals and shops, creating multiple revenue streams.
Initial market research from 2014 followed by prototyping until early summer 2016 resulted in the launch of the fully functional platform in October 2016. listnride is now up and running across Europe with focus on the cities Berlin, Munich, Vienna, Amsterdam and Mallorca.
Since Launch, we have seen our user base and listed bikes grow to more than 350% of the launch figures. Consequently we have seen a steep increase in rental transactions, with a compound quarterly growth rate of more than 200%. Six innovative bike brands are integrated offering curated bikes to the renter community. Our customer feedback on Facebook is 4.9 out of 5.
We believe our low-capital asset model plus multiple revenue streams, we feel gives a stable base to scale our business quickly.