Roula on Microventures

High-end bike concierge platform

Raise to date: $3,300

Reporting Date: 03/29/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

02/25/2020

Stop Date

04/20/2020

Days Remaining

20

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

13

% of Minimum Raised

13%

% of Maximum Raised

3%

Dollars Per Day to Reach Max

$5,185

DPD* Committed

$100

DPD* Category

$0

DPD* All Companies

$961

Kingscrowd Momentum

$3,300

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Roula, with a valuation cap of $3.2 million, is raising funds on MicroVentures. The company offers bike rentals and guided rides and acts as a bike concierge platform. The members can access exclusive merchandise for cyclists, bike rentals across a network of cycling companies, in addition to a members’ lounge, terrace, and cafe. Roula was founded by Mark Voysey in 2017 and has raised over $500,000 in previous rounds of funding. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $107,000, and the proceeds will be used towards marketing, technological development, rent, and salaries for staff. Roula has hosted corporate events for big brands like Lululemon and Assos. The company generated $131,165 in revenues in 2019, up by more than 200% from 2018.

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