Cüimo operates a 100% online marketplace that digitizes the entire second-hand motorcycle buying and selling process, including remote inspections, automated legal documentation via DGT software, transportation and escrow payment handling. The platform generates inspection reports from checks performed at the seller’s home and offers installment payment options for buyers. Cüimo also operates a “Cüimo Prime” line of reconditioned motorcycles that can be delivered to buyers within 72 hours. The company plans to invest the new funds in human and technical capital to continue growing the marketplace and to expand other business lines such as Cüimo Prime. Cüimo has grown 25% month-on-month since March 2023 and closed October with a monthly turnover of €350,000. The startup aims to reach profitability in the coming months and to finish 2024 with €12 million in revenue and more than 2,500 motorcycles sold 100% online.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2023