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Pedal Me use unique e-cargo bikes in combination with trained employees to provide a fast, clean on-demand service to help move both people and goods around London. Heading out of Covid, the future looks bright and they're raising to enable to scale and find efficiencies to continue their growth.

  • City & Guilds assured training launched to the open market
  • API now allows for 3rd party integration, opening us to partnerships
  • Revenues tripling annually pre-Covid period (to £650k, P&L -£338k YE 2020)
  • Global media highlights include BBC News, Financial Times, Volkskrant

Idea

We are not just any logistics company. We are Pedal Me, offering the every-mile, e-cargo bike solution in cities, and we can help to solve the issue of excess polluting, congesting motor journeys.

Regardless of vehicle, or operator - we pride ourselves on carrying the payloads of a small van by bike, covering distances at a pace motor vehicles cannot match. Since founding in 2017 we've grown to 50 staff and 52 bikes. With our City & Guilds 'assured' training we have an academy that establishes us as a centre of excellence, creating, we believe, riders with both vital and unparalleled skills.

These riders, combined with our bespoke bikes, trailers, proprietary tech, and the preferential access that newly installed infrastructure in the city provides, allow us to deliver larger cargo AND passengers door to door, at speed.

All this comes with a tiny fraction of the emissions.

We have featured in global print media and the BBC.

Coronavirus has stunted growth significantly (Revenue for YE Feb 2021: £657k, P&L -£660k), but the future looks bright with us picking up where we left off before the interruption.

Government policy, infrastructure, and the ground swell of movement towards greener logistics point to the market either using our service, or our training consultancy to find out how to integrate cargo bikes themselves.

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Risk warning

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Pedal Me has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.