Lokki (Moove Lab) raises €4M to make renting equipments easier than buying
Created in 2019, Lokki is a SaaS solution to help sports equipment renters to launch and simplify their activity.
Lokki, part of Moove Lab Program at STATION F, announced today a €4M raise with Racine2, Kerala Venture, and Business Angels such as Guillaume Rouby (CMO at Back Market), Paulin Dementhon (co-founder of Drivy), Arthur Waller (CEO of Pennylane) and Pierre-Emmanuel Bercegeay (CEO at OuiHelp).
Created at Grenoble in 2019 by Raphaël Masbou, Benoit Prigent et Jérémy Masbou, Lokki is a SaaS solution designed for sports equipment professional renters (bicycle, ski and watersports renters) aiming to create and develop their activity. The solution offers a user-friendly online experience for customers and renters (reservation, stock management, payment, deposit, contact, etc.).
“Renting is a complex business, different from selling! Lokki offers easy-to-deploy tools to launch its rental service and generate decarbonated revenue. 60% of the sales outlets equipped with Lokki are new renters. The icing on the cake is that the rental business is quickly profitable”, explains Raphaël Masbou, CEO at Lokki.
With this fundraising, Lokki is aiming to democratize a more responsible way of consumption and wishes to tackle other leisure sectors: sport, DIY, events. The company also plans to double its workforce - of 18 people today - by the end of 2023.
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