What is Sharelock?
Founded in 2020 and headquartered in Paris, France, Sharelock is at the forefront of developing and operating a novel network of shared locks. These locks are accessible via a mobile application, offering users a convenient solution for securing their belongings, particularly bicycles, anywhere within the city, at any time. The company's innovative approach allows users to locate, reserve, and utilize a shared lock with a few simple clicks, streamlining the process of securing personal items in urban environments. This technology addresses a growing need for flexible and accessible security solutions in increasingly mobile cities.
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
Key Investors in Sharelock
Banque des Territoires
Banque des Territoires is an investor participating in the funding round, likely focused on infrastructure and regional development projects within France.
Breega
Breega 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?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Sharelock. This capital infusion is expected to fuel the expansion of its shared lock network, enhance its technological infrastructure, and potentially broaden its geographical reach. The company is well-positioned to capitalize on the burgeoning demand for smart city solutions and efficient urban logistics. Future developments will likely focus on scaling operations, forging new strategic partnerships, and further integrating its services into the urban ecosystem, solidifying its position as a leader in shared asset management.
See full Sharelock company page
