Dance gets acquired by Swapfiets
The acquisition combines 290,000 members across 45 cities. CEO Christian Springub stays to lead the Dance brand within the Swapfiets family.
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Electric bike and moped subscription service
dance.coLast updated
In short: Dance was acquired by Swapfiets, combining 290,000 members across 45 cities.
The acquisition combines 290,000 members across 45 cities. CEO Christian Springub stays to lead the Dance brand within the Swapfiets family.
Christian Springub steps into the CEO role while Eric transitions to Chairman. Dance thanks members, team, investors, and partners for their support.
New investors include Elemental, Uli Schöberl and Piotr Brzezinski. Dance plans fleet expansion and further development of hardware as well as software in Paris, Berlin, Hamburg and Munich.
Dance raises 12 million euros from investors HV Capital, Eurazeo, BlueYard as well as new ones like Winthrop Square Capital. The capital strengthens the business in existing markets.
Riding a bike on subscription instead of buying and never having to repair it yourself? That is not always the best choice. The market leader Swapfiets, which has been in deficit for years...
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