Photo - RideLink
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RideLink

You 'll never ride alone

Germany
Market: Tourism, sport, Gadgets , Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 27.02.2020
Min investment
$  400.000
Show contacts
Total required
$ 800.000
Rating
equalizer из 1000
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Idea

Every year there are around 30.000 accidents with 700 killed bikers on the street. Reason no 1 is unmatched speed. RideLink offers a retrofit solution to increase active and passive saftey for motorcycles. RideLink offers the riders a group routing & live tracking solution with an e-call, breakdown service as well as an anti theft. RideLinks learns from the driving behaviour of the driver and helps him with the live dashboard on his smartphone to adapt his driving to the actual conditions

Current Status

We have already 800 units as pre-orders, product is in final testing phase

Market

15 Mio. motorbikes in Europe

Problem or Opportunity

RideLink helps to increase the active and passive safety which is an issue for every motorbike rider.

Solution (product or service)

RideLink is a product which consists of a an app and an adapter. The adapter is installed into the bike and sends data to the cloud as well as to the connected smartphone.

Competitors

- biker sos
- ellr.bike

Advantages or differentiators

• Improvement of active driving safety through AI-based driving assistant
• Live data from internal and external sensors as well as via the vehicle bus
• Open API for the development of further solutions by community / partners
• Cooperation with the German insurance industry (R + V / GDV)
• Dealer portal for direct customer communication with the customer
RideLink improves the active & passive safety of motorcyclists

Finance

at this point self funded

Business model

- selling adapter for 349 EUR inc. tax
- recurring revenues of 49 EUR inc. tax every year
- affiliate provision of around 100 EUR per client for insurances, finances, accessoires

Money will be spent on

Marketing and Development

Offer for investor

Shares

Team or Management

Incubation/Acceleration programs accomplishment

None

Won the competition and other awards

Galileo Masters 2019

Photos

Photo 1 - RideLink
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video