What is Sharelock?
Founded in 2020 and headquartered in Paris, France, Sharelock is pioneering the world's first network of shared locks. These locks are designed to be accessible anywhere in the city through a dedicated application, offering users a seamless experience to find, reserve, and utilize locks for their personal belongings, such as bicycles. The company's technology aims to enhance urban convenience and security by providing a flexible, on-demand access control system. Sharelock's innovative approach positions it within the burgeoning smart city and IoT sectors, addressing the need for efficient and secure shared asset management.
How much funding has Sharelock raised?
Sharelock has raised a total of $4.6M across 1 funding round:
Angel/Seed
$4.6M
Angel/Seed (2021): $4.6M with participation from Banque des Territoires and Breega Capital
Key Investors in Sharelock
Banque des Territoires
Banque des Territoires is a French public investment institution focused on supporting local authorities and public entities in their development projects across France. Their involvement suggests a strategic alignment with urban infrastructure and public service innovation.
Breega Capital
Breega Capital is a venture capital firm that specializes in backing exceptional founders from pre-Seed to Series A+ across Digital, Climate, and Deep Tech sectors. With a team composed of former founders and operators, they provide not only financial support but also expertise and tactical insights to help startups scale effectively. The firm operates from offices in London and Paris, with a focus on European and African tech hubs. Breega aims to redefine categories and support innovative companies that address significant challenges, such as climate impact and job insecurity.
What's next for Sharelock?
With the recent major strategic investment, Sharelock is poised for significant expansion. The capital infusion is expected to fuel the further development and deployment of its shared lock network, potentially increasing its urban footprint and enhancing its technological capabilities. Future growth will likely involve strategic partnerships with city governments and urban planning initiatives to integrate Sharelock's solution into broader smart city ecosystems. The company's focus on accessibility and operational efficiency suggests a continued emphasis on user acquisition and service refinement to solidify its market position in shared mobility and access solutions.
See full Sharelock company page
