The problem and the solution

The problem

Stakeholders across the bicycle industry are not sharing information, leading to a significant loss of potential for everyone involved throughout the entire value chain.

This results in missed revenue opportunities for all parties. While the bicycle product has evolved considerably over the past 15 years, the underlying ways of doing business have remained largely unchanged — the same bike shops, the same employees, and the same factories.

In today’s digitalized world, both customers and industry stakeholders must adapt to meet new market expectations and the regulations that come with them.

The solution

By leveraging AI capabilities and large volumes of data, our system delivers powerful features for brands, shops, and owners — strengthening the entire value chain and creating a true win-win-win situation.

By addressing the specific pain points of each stakeholder, our software instantly enhances the value proposition within minutes.

A key success factor is the sharing of crucial data among stakeholders, unlocking immediate and substantial benefits for everyone involved.


BikeFolder is at the forefront of the global digital transformation, leading the way in reshaping the bicycle industry.

The market

1 billion bicycles

Globally 30% electric

150 000

Global bicycle shops

$40bn

Global service market for bikes

$38bn

Annual global market for used bikes

Why Norway? – Why us?

Solving a global industry problem seemed impossible to most. Truly understanding the complexity and challenges faced by every stakeholder was essential to designing software solutions tailored to each part of the value chain.
The team behind BikeFolder possesses deep, hands-on knowledge of the cycling industry, with experience spanning every stage of the value chain. Most importantly, they share an unstoppable passion for innovation, improvement, and building a better future for the entire industry.

Sondre Norland

CEO

About Sondre Norland

Sondre Norland has dedicated his entire life to the cycling industry. Growing up just one kilometer from Norway’s only bicycle factory, he learned to ride at an early age and quickly developed a deep passion for the sport. Throughout his childhood and youth, he immersed himself in BMX, mountain biking, and road cycling, eventually reaching the top level as a professional downhill MTB racer, competing for five years.

At the age of 12, Sondre welded his first BMX bike, marking the beginning of a lifelong journey into every part of the bicycle value chain. He has run bike shops, workshops, and factories, worked with import and production, and gained extensive experience in the design and specification of bikes and accessories. Over the years, he has developed products for both bicycles and cycling gear, building a unique and comprehensive understanding of the industry.

As a serial entrepreneur, Sondre has founded several companies in cycling and sports, achieving multiple successful exits. The proceeds from these ventures have been invested into his most ambitious project to date: BikeFolder — a groundbreaking software solution that digitalizes, optimizes, and solves key challenges for manufacturers, shops, and bike owners. BikeFolder is already positioning itself as a leading player in the emerging biketech market.

With a combination of visionary thinking, deep industry knowledge, and a proven track record, Sondre is a leader who both understands the complex challenges of the cycling industry and knows how to solve them.

Fun fact: Sondre’s ability to set ambitious goals and achieve them is clearly reflected in his Norwegian speed record on a bicycle — an incredible 129 km/h!

Ken Meland

CSO

Ken Meland is the Chief Sales Officer of BikeFolder and a lifelong cycling enthusiast with deep roots in the cycling community. He began racing BMX at the young age of 6, and his early dedication paid off when he was crowned BMX European Champion in 1993. As he grew older, Meland expanded his racing career to include downhill mountain biking, competing at a high level in both disciplines.

Over the years, Ken has built a career that spans nearly every corner of the bicycle industry. He started out as a workshop mechanic, later managing a successful bike shop before moving into distribution and manufacturing roles. This hands-on experience gives him a unique, 360-degree understanding of the market and the needs of both retailers and consumers.

Before joining BikeFolder, Meland also served as brand manager for two prominent cycling brands, where he was responsible for everything from product design and development to manufacturing and sourcing. His leadership in building strong product lines and managing global supply chains adds an extra layer of expertise to the BikeFolder team.

Today, Ken channels his passion for cycling and his extensive industry knowledge into driving BikeFolder’s growth and helping bike shops thrive in an increasingly digital marketplace.

Aleksander Pettersen

CTO

Aleksander Pettersen is the Chief Technology Officer at BikeFolder, responsible for leading the platform’s technological vision and innovation. A seasoned software developer and architect, Pettersen has been the driving force behind BikeFolder’s digital infrastructure and standout features. Unlike many of his bike-enthusiast colleagues, Pettersen’s background is purely in technology, giving him a fresh, inventive approach to solving the industry’s challenges.

Beyond his technical brilliance, Pettersen brings extensive experience in building and managing high-performing remote teams across the globe. His deep understanding of finding the right talent, regardless of location, has been key to assembling a world-class development team within BikeFolder. By recognizing the strengths and potential of every team member, he has cultivated a collaborative and dynamic tech culture that consistently delivers outstanding results.

Known for his impressive speed in bringing new features to market, Pettersen has also amazed industry veterans by solving complex data challenges in ways cycling insiders had never envisioned. His “out-of-the-box” thinking, combined with his leadership in global team building, has been pivotal in positioning BikeFolder as a true technological leader in the cycling industry.

One example why the industry need better software

Bikes needing annual service:

1 000 000 000

Bikes being repaired annually:

170 000 000

Average cost for repair:

$60

$49 800 000 000

Bike service revenue “up-for-grabs”

THE PROBLEM

Poor data quality
Outdated tools
Manual tasks

= Lost potential for industry stakeholders

3 stakeholders – Many problems

BRAND

  • High marketing cost
  • No idea who the consumer is
  • Warranty handling
  • Customer support
  • No direct product feedback
  • Meeting regulations
  • Recalls
  • No dealer stock info
  • No data for analytics
  • Printing bicycle handbooks

DEALER

  • Seasonality
  • Poor marketing tools
  • Poor customer loyalty
  • Poor customer experiences
  • No profit on workshop and repairs
  • Workshop ineffciciency
  • Warranty handling
  • Repetitive tasks
  • No data analytics
  • No data = Reduced business valuation
  • Meeting GDPR regulations

CONSUMER

  • Theft
  • Services
  • Warranty handling
  • Proof of ownership
  • Low price second hand market
  • Too low payout from insurance
  • No service history
  • No direct communication with
    mechanic
  • Buying correct parts
  • Selling bike

SOLUTION AND PRODUCT

Data and AI-powered features are the future of the global cycling industry. BikeFolder is leading the race to become the industry standard worldwide.

The BikeCard — Where It All Comes Together

SHOP

BRAND

BIKECARD
Each bike card is unique based on QR-code and frame number

OWNER

We have the world´s largest database for bicycle models!

2034

brands

202 000

models

43

datapoints pr model

…and it is expanding every day!

3 interfaces

Brands

Shops

Owners

The product

Solving problems, stakeholder by stakeholder

Complete insight and features for entire value chain

  • All bicycles delivered with free
    • 1mnt insurance
    • BikeFolder account
    • Life time registry
  • Bike card on all bicycles
  • Paper free brand
  • Stock overview pr shop
  • Service history
  • Warranty module
  • Full data analysis
  • Direct marketing consumer
  • Direct marketing dealers

Full interaction
with dealer and consumer

Increased revenue, margins and customer loyalty

  • Free BikeFolder account to all customers. New and repaired
  • Free international bicycle register to all bikes (FG)
  • IBA – Intelligent Booking Assistant
  • Segmented SMS module
  • Segmented E-mail module
  • Save bike fit documents
  • Customer map
  • Online booking link

Complete digital bicycle garage

  • 1month FREE Insurance
  • Free bicycle registry (FG compliant) Lifetime
  • Free BikeFolder account
  • SMS service reminders
  • All manuals available PDF
  • One click sale second hand market
  • All important info: Framenumber, key nummber, +++
  • All model spec
  • Unlimited bicycles in garage
  • Warranty document
  • Document ownership
  • Service history
  • +++

Bicycle data unlocks solutions to major headaches for insurance companies

BikeFolder’s extensive database has been a game-changer for insurance companies, providing valuable support in addressing a range of industry challenges. One key benefit is the significant reduction in theft rates, with bikes tagged with theft prevention stickers seeing a decrease of up to 50%. Moreover, our comprehensive database plays a crucial role in the claims process.

When a customer reports a stolen bike, insurance companies rely on our detailed records to quickly and accurately assess the bike’s value, cutting the time spent on this process by nearly 80%. This efficiency not only speeds up claims but also results in substantial cost savings for insurance providers. In addition, the data allows insurers to create more customized and competitive products, offering better coverage options for bike owners and improving overall customer satisfaction.

QR-codes – The connection

We collect data and add bikes both during the manufacturing process and from the existing market, leading to rapid growth in the number of bikes integrated into the system.

During manufacturing

During the frame painting process, a BikeFolder QR code is embedded beneath the clear coating. At the end of the assembly line, the QR code is linked to the bike’s frame number. A bike card is then created, containing both model-specific and individual information, such as key number and battery serial number. Once the bike is shipped, any shop or owner worldwide can easily claim ownership by scanning the QR code with a smartphone.

15 brands are already on board, with 250,000 bikes in the market —each featuring a QR code integrated directly into the paint!

Bikes in market

We gather bikes and data through various methods:

  • When a bike without a QR code is assembled in a shop, the shop adds a QR code and creates a unique bike card. Once sold, the sales staff links the bike to the customer’s account.

  • When a bike is serviced, the mechanic adds a QR code and generates a unique bike card for it.

  • After purchasing a new bike or having one repaired, customers receive an account where they can add more bikes. At home, they can use our database to find the correct model and typically add all family bikes to their account.

  • When a customer receives an invitation from their insurance company, they can create an account and add all their family bikes.

Once a BikeFolder – Always a BikeFolder

When a shop chooses to use BikeFolder, they empower their customers to own their data, essentially providing them with their own digital bicycle garage. This means that each customer gets a personalized account where they can store all their bike information. In the event the shop decides to discontinue using BikeFolder, the customer’s data will be seamlessly transferred to a nearby participating shop.

And here’s the key: since we have full consent from the shop owners, we handle the process ourselves.

The result? Our system is STICKY

IS IT WORKING? YES!

30

INCREASED EFFICIENCY IN THE WORKSHOP

PARTNERS AND TRACTION

Industry leading partners and global distributor

We have traction!

712

Active shops

2,022

Brands in database

1,000,321

Number of bikes

Paperfree bike brands

A typical bike box contains 400–800 grams of paper related to manuals, which most customers never even want. With BikeFolder, brands can include all important documents as PDFs directly linked to the bike card, easily accessible via a QR code.

  • Add all manuals and bike-related documents to the model card in PDF format.

  • Always available for bike owners throughout the entire lifespan of the bicycle.

  • Accessible at any time for mechanics.

  • Save on printing costs—approximately $2 per bike.

This solution reduces waste, enhances accessibility, and improves the overall experience for both customers and service teams.

Trusted by the industry leaders

“… Not only does BikeFolder seamlessly encompass all the functionalities we sought, but it also introduces an array of features that surpass even our most ambitious expectations.”

375 dealers

Bjarne Liseth

Manager Bicycle Category
Sport Holding AS Anton Sport, Sport1, Intersport

“We consider BikeFolder to be a unique product. BikeFolder will elevate the professionalism of the entire bike industry, which is strongly in need of increased professionalism”

89 dealers

Carlo Marques

VP & Head of Workshop Services XXL
Sport & Villmark

GO-TO-MARKET

Accelerating customer base growth.
Hypergrowth next

CAC

Our "Secret sauce"

BikeFolder focuses on developing features that help shops leverage their data and create automated systems running in the background. The more customer and bicycle data the shop provides, the better it performs. This is a very strong incentive for shop to provide us with complete customer database and invite all their customers.

This is where BikeFolder stands out—creating a high volume of valuable data that generates a win-win-win situation for all stakeholders involved.

We grow our user database by 5K to 5M at a time

Size Loyalty program Status
4M CONTRACT OK
1,3M CONTRACT OK
1M CONTRACT OK
0,7M FINISHED
105M CONTACTED
102M NOT CONTACTED
65M CONTACTED

BUSINESS CASE

Multisided platform

Multiple Saas Revenue streams

B2B and B2C

Industry standard

Revenue streams

2024

Repair cost -SHOP- Read more

SMS cost -SHOP- Read more

Ownership change -OWNER- Read more

2025

BikeCare -OWNER- Read more

BikeCare+ -OWNER- Read more

RiderCare -OWNER- Read more

2026

BikeFitting -OWNER- Read more

Newsletter -SHOP-

BikeFitting – SHOP- Retailer Read more 

Online Bike Mechanic -OWNER- Read more 

Cycle Tourism -TOUR OPERATORS- Read more

Easy sell -REFURBISH PLATFORMS- Read more

Leasing feature –LEASING PROVIDORS- Read more

2027

Brand premium -2027 – Read more

Projected Revenue by Stream (2025–2030)

Projected revenue over the next five years (calculated using the rates shown in parentheses) Currency in $M

Funding so far

Total: $1.734 M

Roadmap

Phase 1

2023

Concept

Phase 2

2023

MVP

Phase 3

2024

Piloting

Phase 4

2025-

Revenue features

TEAM AND CAP TABLE

DEEP INDUSTRY KNOWLEDGE. 

TECH DRIVEN MINDSET.

Cap table

Snorland AS – (Founder)

62,71%

Coachit AS

6,70%

Electric Works AS

5,60%

Altitude Capital

5,14%

Others

19,85%

The team

CORE TEAM

Sondre Norland

CEO

About Sondre Norland

Sondre Norland has dedicated his entire life to the cycling industry. Growing up just one kilometer from Norway’s only bicycle factory, he learned to ride at an early age and quickly developed a deep passion for the sport. Throughout his childhood and youth, he immersed himself in BMX, mountain biking, and road cycling, eventually reaching the top level as a professional downhill MTB racer, competing for five years.

At the age of 12, Sondre welded his first BMX bike, marking the beginning of a lifelong journey into every part of the bicycle value chain. He has run bike shops, workshops, and factories, worked with import and production, and gained extensive experience in the design and specification of bikes and accessories. Over the years, he has developed products for both bicycles and cycling gear, building a unique and comprehensive understanding of the industry.

As a serial entrepreneur, Sondre has founded several companies in cycling and sports, achieving multiple successful exits. The proceeds from these ventures have been invested into his most ambitious project to date: BikeFolder — a groundbreaking software solution that digitalizes, optimizes, and solves key challenges for manufacturers, shops, and bike owners. BikeFolder is already positioning itself as a leading player in the emerging biketech market.

With a combination of visionary thinking, deep industry knowledge, and a proven track record, Sondre is a leader who both understands the complex challenges of the cycling industry and knows how to solve them.

Fun fact: Sondre’s ability to set ambitious goals and achieve them is clearly reflected in his Norwegian speed record on a bicycle — an incredible 129 km/h!

Ken Meland

CSO

Ken Meland is the Chief Sales Officer of BikeFolder and a lifelong cycling enthusiast. He began racing BMX at age 6 and even became BMX European Champion in 1993 linkedin.com. Meland has worked across all facets of the bicycle industry – from workshop mechanic and bike shop manager to distribution and manufacturing linkedin.com. This broad experience gives him in-depth knowledge of the market. As CSO, Meland uses his expertise to develop BikeFolder’s platform and support bike shops and brands. (When not working, he’s often at BMX tracks mentoring his children.)

Aleksander Pettersen

CTO

Aleksander Pettersen is the Chief Technology Officer of BikeFolder. A seasoned software developer, Pettersen is the technical architect behind the BikeFolder platform. Unlike most of the bike-enthusiast team, Pettersen comes purely from a tech background linkedin.com. He leverages his problem-solving skills to create innovative solutions for the cycling industry, such as BikeFolder’s intelligent booking assistant that helps bike shops optimize their workflow linkedin.comlinkedin.com. Pettersen’s “out-of-the-box” approach to technology has been pivotal in building BikeFolder’s digital infrastructure.

Aleksa Simic

Developer

Aleksa Simic is a software developer at BikeFolder, contributing to the company’s web and mobile applications. He has a background in full-stack development and has built apps for various startups. Before joining BikeFolder in 2024, Simic honed his skills as a freelance developer, focusing on high-performance, bug-free code. At BikeFolder, he helps develop user-friendly features and ensures the platform runs smoothly.

ADVISORS

Ketil Solvik-Olsen

Ketil Solvik-Olsen is a Norwegian politician and tech advisor known for his tenure as Norway’s Minister of Transport and Communications from 2013 to 2018 en.wikipedia.org. With a background in economics and public service, he oversaw major infrastructure projects and encouraged innovation in transport. After leaving government, Solvik-Olsen became involved with startups and technology ventures, serving as an advisor and board member in mobility-focused companies en.wikipedia.org. His experience in policy and transportation provides valuable strategic guidance to BikeFolder’s team.

Grunde Eriksen

Grunde Eriksen is a tech investor and “cycling capitalist” with extensive finance experience. He is the founding partner and Managing Director of Altitude Capital, a growth equity firm that scales Nordic technology companies altitudecapital.noaltitudecapital.no. Eriksen began his career in investment banking (Enskilda and Arctic Securities) and has over 20 years in finance. He has led investments in innovative startups and serves as chairman of Husleie.no altitudecapital.no. An avid cyclist, Eriksen brings both capital and industry insight to BikeFolder as an advisor.

Cees de Witte

Cees de Witte is a Dutch business leader and veteran of the global bicycle and sports industry. He has held top executive roles at major brands – including GT Bicycles (Europe), Giro and Bell Sports (helmets), Spyder ski apparel, and even New Balance ch.linkedin.combikebiz.com. With decades of experience in scaling sporting goods companies, de Witte provides BikeFolder with insight into international market expansion and partnerships. His long career in cycling-related businesses makes him a valuable industry mentor on the advisory team.

Knut Bentzen

Knut Bentzen is a seasoned technology professional and entrepreneur with over two decades of experience building digital solutions bikefolder.com. He has played key roles in various startups and tech companies, including serving as CEO of Nofence (a Norwegian agri-tech firm for virtual fencing) during its growth phase nofence.nonofence.no. Bentzen’s background spans product development, operations, and strategic scaling of tech businesses. As an advisor, he offers BikeFolder guidance on innovation and scaling, drawing from his broad entrepreneurial experience.

ADVISORS

Lene Byberg

Lene Byberg is a former professional cyclist who was one of Norway’s top mountain bikers. She won a silver medal at the 2009 UCI Mountain Bike World Championships in cross-country (rundbane) no.wikipedia.org and multiple Norwegian national championship titles. Byberg represented Norway at international competitions (including the Olympics) and was known for her consistency and endurance. Since retiring from competition, she has stayed involved in cycling and now shares her athlete’s perspective as an advisor to BikeFolder, focusing on user experience and community engagement.

Aleksander Kristoff

Aleksander Kristoff is an internationally renowned professional road cyclist and a co-founder of BikeFolder bikefolder.com. He has won some of cycling’s biggest races, including Milan–San Remo in 2014 and the Tour of Flanders in 2015 famousbirthdays.com. Kristoff also earned an Olympic bronze medal in the 2012 London road race famousbirthdays.com and has multiple Tour de France stage victories to his name. As an active athlete, he brings star power and deep industry knowledge. Kristoff’s involvement as an advisor (and early investor) helps align BikeFolder’s services with the needs of cyclists and the cycling industry.

Dag Otto Lauritzen

Dag Otto Lauritzen is a Norwegian cycling legend turned TV personality. During his pro cycling career in the 1980s, he won a bronze medal at the 1984 Los Angeles Olympics and became the first Norwegian to win a Tour de France stage (in 1987) cyclingranking.com. He rode the Tour de France eight times and won other international races. After retiring, Lauritzen became a popular sports commentator and co-host of cycling-related TV programs. As an advisor, he provides BikeFolder with inspiration and knowledge from a veteran cyclist’s viewpoint.

Odd Arne Steffensen

Odd Arne Steffensen is a key figure in Norwegian cycling business and development. He has spent decades promoting cycling, including leading initiatives in the bike industry and community. Steffensen is the managing director of Beach Mountain, a major bike import and distribution company in Norway dn.no (known for bringing brands like GT to Norwegian markets sportsbransjen.no). He has also been active in organizing cycling events and partnerships (such as bike park collaborations). As an advisor, Steffensen contributes his extensive industry network and experience to help BikeFolder expand within the cycling community.

THE BOARD

Cato Vevatne

Chairman

Cato Vevatne is a technology entrepreneur with a strong background in sustainable tech and infrastructure. He has held leadership roles at companies like PrecisionHawk (drone analytics) and Field, and brings a wealth of experience in tech-driven business models theorg.com. Vevatne earned advanced degrees from MIT Sloan and Babson College theorg.com. Now serving as Chairman of BikeFolder, he provides strategic oversight and leverages his expertise in innovation and entrepreneurship to guide the company’s vision.

Per Helge Svensson

Board Member

Per Helge Svensson is an experienced executive in the telecommunications sector. He was the CEO and managing director of Tampnet AS, which operates offshore fiber networks for the oil & gas industry bloomberg.com. With a career spanning international telecom infrastructure and network services, Svensson has deep knowledge of scaling technical operations. He also holds board positions in tech and telecom firms ca.marketscreener.com. On BikeFolder’s board, Svensson contributes strategic direction and governance, drawing on his experience in managing high-tech companies.

Rune Røsten

Board Member

Rune Røsten is a pioneer in Norway’s digital media and startup scene. Over a 30-year career, he has held key leadership roles, including CEO of Dagbladet.no and Nettby (VG’s social network) linkedin.com. He later led Schibsted Ventures in Norway for six years, driving investments in successful startups like Tibber, Nomono, and more linkedin.com. Røsten is also a passionate cyclist. As a board member of BikeFolder, he provides seasoned expertise in digital business growth and a genuine enthusiasm for cycling innovation.

Kjetil Hundhammer

Board Member

Kjetil Hundhammer is a business development expert and startup advisor based in Stavanger. He led the establishment of Telia’s Enterprise division offices in Stavanger and Bergen from 2015 to 2021 no.linkedin.com, overseeing recruitment and operations. Hundhammer has since founded and led multiple companies: he is the CEO of Hubify AS, a consulting firm that helps companies scale, and has served on several corporate boards yra.noyra.no. On BikeFolder’s board, Hundhammer applies his strategic growth expertise and entrepreneurial experience to support the company’s expansion.

Current ask: Convertible loan

$0.75M

Total loan

2 years

Running time

Next round: Serie A

$5M – $10M

Total round

Thank you!

Sondre@bikefolder.com
Ph: +47 92088118

Read on for appendix…

Competitor analysis

Brand Shop Customer
BikeFolder YES YES YES
BikeBook NO YES NO
Hubtiger NO YES NO
BikeDesk NO YES NO
LightSpeed NO YES NO
Velopass YES NO YES
BikeKey NO NO YES

Sustainability

More bicycles

Digitalization helps everyone ride more. Serviced bikes ride more.

Less paper

123 Million bikes. 400g of manuals pr bike. 50 Million kg of paper saved

Right to repair:

Platform solves EU´s RIGHT TO REPAIR regulative for bicycle industry

Battery traceability:

Platform solves new EU regulative TRACEABILITY E-BIKE BATTERY

EU-regulations

RIGHT TO REPAIR – CHECK!

The new rules ensure that manufacturers provide timely and cost-effective repair services and inform consumers about their rights to repair. Goods repaired under the warranty will benefit from an additional one-year extension of the legal guarantee, further incentivising consumers to choose repair instead of replacement.

After the legal guarantee has expired, the manufacturer is still required to repair common household products, which are technically repairable under EU law, such as washing machines, vacuum cleaners, and even smartphones. The list of product categories can be extended over time. Consumers may also borrow a device whilst theirs is being repaired or, if it cannot be fixed, opt for a refurbished unit as an alternative.

BATTERY TRACEABILITY – CHECK!

Article 14 requires that rechargeable industrial batteries and electric vehicle batteries shall contain a battery management system that stores the information and data needed to determine the state of health and expected lifetime of batteries in accordance with the parameters laid down in Annex VII.

Qnt bike growth prognosis

Booking maps

Providing complete interactive booking maps for chains.

Also world largest bike service booking map

Dashboards

For chains and brands we provide live dashboard for important KPI´s

Hypergrowth? Yes!

Verified hypergrowth tactic: E-mail + 10min closing on cold phone calls pr shop.

Key metrix – Visits (Live data)

Key metrix – Bookings (Live data)

Key metrix – Weekly SMS (Live data)

Frequently asked questions

Can the platform be used in other industries?

Yes, we have identified 4–5 other industries where our platform could be highly beneficial, as they face many of the same challenges we see in the bicycle industry. However, our current team has deep expertise specifically in the cycling sector. To successfully explore these new industries, a separate team need to be dedicated to that effort.

We believe the key reason for our success—both in creating a product with strong product–market fit and in leveraging industry networks—is our team’s deep knowledge and laser-sharp focus on solving the specific problems faced by stakeholders in the bicycle industry.

Are there any other competitors

Our platform is divided into three key parts: brands, dealers, and owners. While there are 8–10 global software providers for bicycle dealers and POS systems, we’re building plugins for these platforms to ensure compatibility. However, no other company offers a unified, one-stop solution like BikeFolder—connecting all stakeholders and enabling data sharing to unlock advanced features and business opportunities. In 5 to 10 years, the bicycle industry will rely on a dominant digital ecosystem. We’re leading the race to become that platform.

Do all sides of the platform need to be active to benefit from its features?

No. Even if only one stakeholder (a brand, shop, or owner) starts using BikeFolder in a region where others haven’t adopted it yet, 90% of the features still function. For example, if a brand manufactures bikes with our QR codes and they end up in a new market, a shop or owner can claim the bike and instantly gain access to the platform. The system grows organically as bikes enter the second-hand market and connect to local shops already listed in our database (currently 155,000 shops). When this happens, shop managers are notified and can activate their free account to support bike owners nearby.

What kind of regulations apply when launching in a new country?

None. BikeFolder is built for global scale. There are no regulatory or currency-related barriers. It integrates seamlessly with any existing POS system, allowing us to operate alongside any shop’s current software.

Do you use AI?

Yes. With our vast and high-quality data, we’ve already launched AI-powered features. One example is the IBA (Intelligent Booking Assistant), which helps shops ensure steady income throughout the year and avoid seasonality dips. We also have AI tools on our roadmap for self-service bike repairs and other features that streamline life for all stakeholders.

Are you GDPR compliant?

Absolutely. We’ve worked closely with legal experts to create terms and conditions that comply fully with GDPR while allowing us to collect the necessary consent to enable multiple revenue streams and long-term scalability.

How do you protect your IP?

Our software is built from scratch, and we own the world’s largest model database. While software IP is hard to fully protect, we move faster than competitors and offer the industry’s best product. Our strategic partnership with SHIMANO will help cement our leadership.

What are your most important KPIs?

Our key metric is MRR per bike (Monthly Recurring Revenue per bicycle in the system). This encompasses all revenue streams divided by the total number of bikes on the platform.

What happens when you receive funding?

We’ve already lined up a global sales manager (OEM and aftermarket) and secured an agreement with a U.S. country manager, ready to start as soon as our convertible round is closed.
Our next hires include:

  • Product team

  • Marketing team

  • Sales team

  • Partner team
  • Commercial team

Entering a new market typically takes 12 months and costs $100K–$150K per 1,000 shops.

What’s your exit strategy?

We see multiple exit paths: IPO, industrial acquisition, or strategic sale. The company’s value will be driven by:

  1. FOMO – If a major player acquires us, competitors risk being left out of access to industry data

  2. Data – The size and value of our dataset will significantly impact valuation.

  3. Revenue – Based on EBITDA and standard PE multiples.

Our core team has set a target of 100 million bicycles on the platform—an ideal milestone for a high-value exit. In similar industries, acquisition values have been based on user count, typically around $30–$40 per user in recent years.

Accounting

Balance per 31.12.24
Profit and Loss 2024

BikeFolder reserves the right to update and modify the information in the presentation. All changes will be logged.