Berlin’s GetHenry breaks into last-mile delivery e-bike scene with $17.4M seed

GetHenry raised a $17.4 million seed round to expand its business across Europe. The startup currently operates in Germany, Austria, Italy and France, but plans to use its latest funding to move into Spain, the Netherlands and the UK over the next two quarters, according to a GetHenry spokesman.

At a time when on-demand grocery, food and convenience store delivery is becoming increasingly popular, GetHenry is coming to market. The fact that an army of electric bikes is an efficient way to address emissions and reach corporate climate goals is something that more traditional logistics companies are getting wise to.

A range of electric utility bike companies, like Ubco and Joco, are springing up to address these trends with what is becoming a classic combination of fleets for larger companies and weekly or monthly subscriptions for couriers.

Luis Orsini-Rosenberg, co-founder and CEO of GetHenry, said in a statement that sustainable last-mile delivery solutions have become important. We allow delivery companies to get on with what they do best, by providing round-the-clock maintenance and service, with up-to-the-minute data on the status of their delivery vehicles at their fingertips.

GetHenry provides on-demand maintenance for fleet and courier customers.

The production of vehicles, finance of high end e-bikes, on-demand maintenance and fleet management software services are just a few of the things that GetHenry has to offer. The cost of GetHenry's subscription product is on par with competitors. It costs anywhere from $20 to $35 per week for a gig worker subscription at Zoomo.

The GetHenry bikes are built to handle 80 kilometers per day, accounting for any additional weight for parcels, and are manufactured in partnership with a French e-bike manufacturer.

We decided to make our own bike because there was no e-bike on the market for the grocery delivery use case, and we wanted to build the best bike for these customers.

The fresh capital will be used to develop and deploy cargo bikes and electric mopeds in the near future.

LocalGlobe led the funding round with participation from Visionaries Club, Founder Collective, EnBW New Ventures, GreenPoint Partners, SpeedUp Venture and Third Sphere. Angel investors included Voi CEO Fredrik Hjelm, former Tier COO Roger Hassan and Everphone CEO Jan Dzulko.