Laka offers insurance products for bicycles and other micromobility vehicles via partnerships with global brands and last-mile delivery companies. The company currently distributes services through partners such as sports retailer Decathlon and insures many UK last-mile delivery fleets. It plans to expand its geographic footprint across Europe, launching in Belgium, France, and Germany in the first half of 2022. Laka intends to broaden its product coverage to serve e-scooters, e-mopeds, and eventually e-cars and commercial fleets. The startup is backed by 500 Startups and recently completed a new funding round to support its expansion. No operating metrics (revenue/users) were disclosed in the article.

Total raised

$12M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2022