INSUBCONTINENT EXCLUSIVE:
Bolt Bikes, the Sydney, Australia-based startup founded in 2017, is taking to the U.S
its electric bike platform designed for gig economy delivery workers.The company is expanding on the heels of a $2.5 million seed round led
by Maniv Mobility, European e-mobility firm Contrarian Ventures, individual investors and former executives of Uber and Deliveroo
The company was founded by Mina Nada, former Deliveroo and Mobike executive) and Michael Johnson, a former Bain - Co
executive.Bolt Bikes now provides its flexible subscriptions, which include vehicle servicing, in Sydney and Melbourne, Australia, San
The company sells its electric bikes
But the main premise is to rent them out for commercial use
The electric bikes are rented on a week-to-week contract for $39.The Bolt Bikes platform includes the electric bike, fleet management
software, financing and servicing
Subscribers get 24-hour access to the bike
A battery charger, phone holder, phone USB port, secure U-Lock and safety induction is included
San Francisco since June.And the company has aspirations to increase its fleet and to expand to more cities in the U.S., U.K
