Financials

Estimates*

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Revenues, earnings & profits over time
EUR201820192020202120222023
Revenues<1m1.1m<1m<1m2.9m3.9m
% growth-20 %(33 %)-300 %33 %
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DateInvestorsAmountRound
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N/A

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N/A

€692k

Seed
*

€692k

Seed
*

€1.0m

Seed
Total FundingAUD4.1m

Recent News about SMAFO

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Smafo 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.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.