Mioo Cycling

Mioo Cycling

MIOO app is a marketplace for cyclists services, with service booking, a digital service book, bicycle registration, product information, and various antitheft programs and insurance possibilities.

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DateInvestorsAmountRound
-investor investor investor

€0.0

round
N/A

€0.0

round
investor investor investor

€0.0

round
N/A

€0.0

round
investor

€0.0

round
investor

€0.0

round

N/A

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues00000000000000000000
% growth-395 %258 %37 %42 %
EBITDA00000000000000000000
% EBITDA margin(211 %)(238 %)(151 %)(85 %)-
Profit00000000000000000000
% profit margin(232 %)(255 %)(160 %)(91 %)-
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article, Dealroom estimates

More about Mioo Cycling
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MIOO is a comprehensive mobile application designed to simplify bicycle ownership. The startup operates in the micromobility market, serving bicycle owners who often face minor issues that prevent them from using their bikes. The company's mission is to make everyday cycling accessible to all by offering a platform that handles everything from bike purchase to maintenance.

The business model of MIOO is based on providing a solution to a common problem: 40% of bikes are left unused due to minor issues like flat tires. By offering an easy-to-use platform where users can access maintenance services, MIOO aims to keep bikes rolling and reduce the number of unused bicycles. This not only benefits individual bike owners but also contributes to a more sustainable and eco-friendly transportation system.

MIOO generates revenue by offering various services related to bicycle ownership. While the specifics of their revenue model are not publicly disclosed, it's likely that they charge fees for maintenance services, bike purchases, and other related transactions conducted through their app.

The startup has recently gained recognition in the industry, securing a finalist spot at the Start-Up Awards during the Micromobility Conference in San Francisco. This achievement showcases the company's potential and competitiveness in the micromobility market. Furthermore, MIOO has been evaluated by Upright, a platform that quantifies the net impact of companies, and has scored a high net impact ratio of 78%, indicating its positive contribution to society. The company also won the inUse Award 2022, a Swedish digital design award, further solidifying its reputation.

Keywords: Micromobility, Bicycle Ownership, Maintenance Services, Sustainable Transportation, Mobile Application, Start-Up, Net Impact, inUse Award, Bike Purchase, Unused Bicycles.

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