Dance with twelve million euros financing round

Sustainable mobility on course for growth: Dance receives twelve million euros to scale its e-bike subscription and improve the user experience

Berlin, March 12, 2025 - The e-mobility subscription service Dance has closed a financing round of twelve million euros. The investment consists of equity and debt capital and is provided by new and existing investors. These include sustainable lifestyle investor Elemental, Uli Schöberl (Apple) and Piotr Brzezinski (Fabric London). The leveraged credit line is provided by Smart Lenders Asset Management from Paris.

Expansion and technological development

With over 10,000 private customers and more than 80 corporate customers, Dance is aiming to achieve an EBITDA-positive result by 2025. The new funds will be used specifically to accelerate expansion in the existing markets of Paris, Berlin, Hamburg and Munich. Dance also plans to further develop its hardware and software to further optimize the user experience.

Our financing solution is usually reserved for larger fintech companies. However, Dance has a strong financial performance and profitability in various markets.

Erich Bonnet, CEO of Smart Lenders AM

A milestone is the provision of an asset-backed credit line. This non-dilutive form of financing strengthens the company's sustainable growth.

Sustainable urban mobility as a core mission

Dance pursues the vision of sustainable urban mobility that is simple, flexible and emission-free.

We are convinced that cities need better mobility solutions. With Dance, we offer a worry-free e-bike subscription that facilitates sustainable transportation. This financing enables us to further expand our fleet and services.

Eric Quidenus-Wahlforss, founder and CEO of Dance

Dance is an e-mobility subscription service that enables people to get around easily and sustainably. The all-inclusive membership includes electric bikes or mopeds as well as maintenance, repairs and theft protection. Dance is currently active in Berlin, Hamburg, Munich and Paris. The company was founded by Eric Quidenus-Wahlforss, Alexander Ljung (both SoundCloud) and Christian Springub (Jimdo). Investors include Eurazeo, Elemental and 4P Capital.