Dance
Zionskirchstr. 73 A c/o Maschinenraum, Berlin, 10119, Germany
Overview
Dance is an e-bike subscription service where users pay a monthly fee that covers their bikes and provides an all-inclusive support package. The subscription includes a bike concierge, maintenance, and theft replacement insurance, via the company’s own hardware and software which allows for fast repairs through its warehouse and logistics setup. Through its subscription service, they want to make the e-bike the primary way people move about cities. The company's electric bike transforms their daily commute from frustration to joy. Save time with no traffic jams, no waiting for departures, no searching for parking, and all without even breaking a sweat. Its frictionless subscription model includes a fully assembled, state of the art e-bike delivered to their door within 24 hours. Dance is based in Berlin, Germany.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Consumer
- Electric Vehicle
- Internet
- Software
- Subscription Service
Investment portfolio
- Cardino
Participated · Seed · Jun 2024
Cardino operates a digital-first marketplace that helps private sellers list used electric vehicles for free and connects them with dealers across Europe. The platform provides complementary valuations based on real-time market data, screens sellers, inspects vehicle condition and battery reports, and manages logistics, pick-up and payment processing. Private sellers have an 80% likelihood of receiving a binding offer within 72 hours, and vehicles are collected within seven days. Cardino equips dealerships with tools to source high-quality EV supply from multiple markets and enables direct bidding between buyers and sellers. The company reported nearly 50% quarter-over-quarter growth in Q1 2024 and an annualized gross merchandise value (GMV) of €100 million. Planned 2024 initiatives include expanding consumer seller services to France and adding a proprietary online battery range check to enhance the platform. Cardino operates an online marketplace that connects EV sellers to dealerships through auctions, using a C2B model built around battery health analysis, digital inspections, and real-time market data. The platform provides dealers with tools to source and purchase EVs, including an Inventory Browsing feature with detailed EV profiles, technical details, photos, and seller verifications. Dealers can place bids directly on the platform, and Cardino assists in sourcing alternatives when specific models aren’t available. The company was established in December 2022 and is led by CEO Henrik Sachs and COO Lukasz Pajak. Cardino reports a community of over 1,000 EV sellers and more than 100 dealers, and managed nearly €4 million in GMV in August with a monthly growth rate exceeding 50%. It raised €1M in a Pre-Seed round and intends to use the funds to expand operations and broaden its business reach.