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Donkey Republic

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Leading European bike-sharing service serving 60+ cities in Europe with bikes and ebikes

Copenhagen, DenmarkFounded 2015Transportation
Valuation $18M Market cap · 2022
Revenue $24M Latest reported FY
Total funding $10–50M Disclosed equity funding

About Donkey Republic

Donkey Republic is a Danish company specializing in Mobility-as-a-Service (MaaS) and a prominent operator in the European bike-sharing market. The company operates a fleet of over 20,000 pedal and electric bicycles across more than 70 cities.

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Its business model is structured around two primary revenue streams. The first is long-term contracts with cities and public transport authorities, typically spanning 5 to 10 years, to provide comprehensive bike-sharing solutions. This B2G approach ensures a stable, recurring revenue base. The second stream comes directly from riders through a flexible, app-based rental system. Customers can choose from various payment options, including pay-as-you-go, daily passes, and monthly memberships, making the service accessible for both commuters and tourists.

By focusing on strategic partnerships with municipalities, the company has achieved profitable growth and established a significant footprint in the European micromobility sector. This dual approach of serving both cities and individual consumers allows for diversified income and sustainable expansion.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Copenhagen, Denmark
Listing
IPO 2021
Sector
Transportation

Latest news

Press, funding announcements and product moves mentioning Donkey Republic.

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Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • EIT Climate KIC

Series A3 investors entered at this stage

  • HOWZAT Partners
  • Spintop Ventures
  • Nordic Eye

Series B and later5 investors entered at this stage

  • Denmark's Green Investment Fund
  • Nordic Environment Finance Corporation
  • Export and Investment Fund of Denmark
  • Sydbank
  • Jonas Bech
Team profiled 28 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 9 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇩🇰 Denmark59%
🇳🇱 Netherlands3.2%
🇨🇭 Switzerland1.1%
🇦🇱 Albania1.1%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Donkey Republic on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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