Dance Takes a Leap: €12 Million Funding Fuels E-Mobility Revolution
March 13, 2025, 11:09 pm
In the bustling cities of Europe, a quiet revolution is underway. Dance, an electric mobility subscription company, has secured €12 million in funding. This brings its total capital raised to over €79 million. The company, founded in 2020 by the visionaries behind SoundCloud and Jimdo, is on a mission to transform urban transportation.
Dance offers a subscription service for electric bikes and mopeds. It operates in major cities like Paris, Berlin, Hamburg, and Munich. The goal? To provide a simple, sustainable alternative to traditional transport. With over 10,000 customers and partnerships with more than 80 corporations, Dance is gaining traction. The company aims for full-year EBITDA profitability by 2025.
The latest funding round attracted notable investors. Elemental, a Berlin-based sustainable lifestyle investor, joined the ranks. Uli Schöberl, a former Apple executive, and Piotr Brzezinski from Fabric London also contributed. This diverse group of backers reflects a growing interest in sustainable urban mobility.
The funding includes an asset-backed debt facility from Smart Lender Asset Management. This Paris-based firm specializes in non-dilutive financing. Such funding is typically reserved for larger players in the fintech space. Smart Lenders AM sees potential in Dance. Their CEO highlighted the company’s strong financial performance and profitability across markets.
Dance’s subscription model is designed for convenience. Users can rent an electric bike or moped, enjoying included maintenance, repairs, and ride tracking through an app. Theft protection is also part of the package. This comprehensive service makes it easy for urban dwellers to choose electric mobility.
The pricing is competitive. A monthly e-bike plan costs €69, currently discounted to €59. The moped plan is €89, with a promotional price of €49. This pricing strategy makes electric mobility accessible to a broader audience.
Dance’s vehicles come equipped with removable batteries. Users can charge them at any standard outlet. However, they cannot be charged at electric car stations. Charging times vary: about three hours for e-bikes and six to eight hours for mopeds. This flexibility adds to the appeal of the service.
Customization is another key feature. Users can add accessories at checkout. Options include baskets, child seats for e-bikes, and helmets or top cases for mopeds. This level of personalization enhances the user experience.
The funding will enable Dance to scale its fleet and operations. The company plans to refine its hardware and software. This focus on innovation is crucial for staying competitive in the fast-evolving e-mobility market.
Urban transportation is at a crossroads. Cities are grappling with congestion and pollution. Dance aims to lead the charge toward cleaner, more efficient mobility solutions. The company believes that cities deserve better transportation options.
As urban populations grow, the demand for sustainable transport increases. Dance is positioning itself as a leader in this space. By offering a hassle-free e-bike subscription, the company empowers people to move freely and sustainably.
The future of urban mobility is electric. Dance is not just riding the wave; it’s creating the current. With this new investment, the company is poised to take its vision to the next level.
The focus on sustainability is more than a trend; it’s a necessity. As cities strive to reduce their carbon footprints, companies like Dance are essential. They provide practical solutions that align with environmental goals.
The rise of e-mobility reflects a broader shift in consumer behavior. People are increasingly seeking alternatives to car ownership. The convenience of a subscription model appeals to urban residents. It offers flexibility without the burdens of maintenance and ownership.
Dance’s journey is just beginning. The company is committed to making clean mobility accessible for all urban residents. With the backing of strong investors and a clear vision, Dance is set to redefine how we think about transportation.
In conclusion, Dance is more than a company; it’s a movement. A movement toward sustainable urban living. As it continues to grow, it will play a pivotal role in shaping the future of transportation. The road ahead is electric, and Dance is leading the way.
The cities of tomorrow will be cleaner, greener, and more connected. Dance is at the forefront of this transformation. With each bike and moped on the road, they are not just providing a service; they are paving the way for a brighter future. The journey has just begun, and the destination is a world where mobility is sustainable and accessible for everyone.
Dance offers a subscription service for electric bikes and mopeds. It operates in major cities like Paris, Berlin, Hamburg, and Munich. The goal? To provide a simple, sustainable alternative to traditional transport. With over 10,000 customers and partnerships with more than 80 corporations, Dance is gaining traction. The company aims for full-year EBITDA profitability by 2025.
The latest funding round attracted notable investors. Elemental, a Berlin-based sustainable lifestyle investor, joined the ranks. Uli Schöberl, a former Apple executive, and Piotr Brzezinski from Fabric London also contributed. This diverse group of backers reflects a growing interest in sustainable urban mobility.
The funding includes an asset-backed debt facility from Smart Lender Asset Management. This Paris-based firm specializes in non-dilutive financing. Such funding is typically reserved for larger players in the fintech space. Smart Lenders AM sees potential in Dance. Their CEO highlighted the company’s strong financial performance and profitability across markets.
Dance’s subscription model is designed for convenience. Users can rent an electric bike or moped, enjoying included maintenance, repairs, and ride tracking through an app. Theft protection is also part of the package. This comprehensive service makes it easy for urban dwellers to choose electric mobility.
The pricing is competitive. A monthly e-bike plan costs €69, currently discounted to €59. The moped plan is €89, with a promotional price of €49. This pricing strategy makes electric mobility accessible to a broader audience.
Dance’s vehicles come equipped with removable batteries. Users can charge them at any standard outlet. However, they cannot be charged at electric car stations. Charging times vary: about three hours for e-bikes and six to eight hours for mopeds. This flexibility adds to the appeal of the service.
Customization is another key feature. Users can add accessories at checkout. Options include baskets, child seats for e-bikes, and helmets or top cases for mopeds. This level of personalization enhances the user experience.
The funding will enable Dance to scale its fleet and operations. The company plans to refine its hardware and software. This focus on innovation is crucial for staying competitive in the fast-evolving e-mobility market.
Urban transportation is at a crossroads. Cities are grappling with congestion and pollution. Dance aims to lead the charge toward cleaner, more efficient mobility solutions. The company believes that cities deserve better transportation options.
As urban populations grow, the demand for sustainable transport increases. Dance is positioning itself as a leader in this space. By offering a hassle-free e-bike subscription, the company empowers people to move freely and sustainably.
The future of urban mobility is electric. Dance is not just riding the wave; it’s creating the current. With this new investment, the company is poised to take its vision to the next level.
The focus on sustainability is more than a trend; it’s a necessity. As cities strive to reduce their carbon footprints, companies like Dance are essential. They provide practical solutions that align with environmental goals.
The rise of e-mobility reflects a broader shift in consumer behavior. People are increasingly seeking alternatives to car ownership. The convenience of a subscription model appeals to urban residents. It offers flexibility without the burdens of maintenance and ownership.
Dance’s journey is just beginning. The company is committed to making clean mobility accessible for all urban residents. With the backing of strong investors and a clear vision, Dance is set to redefine how we think about transportation.
In conclusion, Dance is more than a company; it’s a movement. A movement toward sustainable urban living. As it continues to grow, it will play a pivotal role in shaping the future of transportation. The road ahead is electric, and Dance is leading the way.
The cities of tomorrow will be cleaner, greener, and more connected. Dance is at the forefront of this transformation. With each bike and moped on the road, they are not just providing a service; they are paving the way for a brighter future. The journey has just begun, and the destination is a world where mobility is sustainable and accessible for everyone.