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Donkey Republic is a Copenhagen, Denmark-based micromobility company that operates public bike-sharing systems utilizing a proprietary mobile application and dockless smart locks. The publicly traded firm partners directly with municipal governments to deploy shared standard bicycles, electric bikes, and e-cargo bikes across European urban centers to integrate seamlessly with existing local transit infrastructure. Listed on the Nasdaq Nordic exchange since 2021, the enterprise operates with approximately 20 employees and reported a 2023 revenue of €15.4 million, representing a 70 percent year-over-year increase, alongside a net profit of €1.27 million. The platform serves various municipal customers and regional public transportation networks, recently launching shared e-cargo fleets in Turku, Finland, while strategically terminating its service operations in Budapest, Hungary. Donkey Republic was originally founded in 2014 by Erdem Ovacik, Alexander Fredriksen, Rune Kokholm, and Jens Frandsen.
Donkey Republic has raised $5.3M across 2 funding rounds.
Donkey Republic has raised $5.3M in total across 2 funding rounds.
Donkey Republic has raised $5.3M across 2 funding rounds. Most recently, it raised $5.0M Series U in February 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2019 | $5M Series U | — | Spintop Ventures | Announced |
| Mar 1, 2015 | $300K Seed | — | Overkill Ventures | Announced |
Donkey Republic is a Danish, data-driven micromobility technology company that builds app‑based bike‑ and e‑bike sharing platforms and operates city partnerships and fleets across Europe and other markets. [1][10]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick reminder: this profile synthesises company materials, industry reporting and third‑party coverage to summarize Donkey Republic’s product, strategy and market position.[10][4][2]
Donkey Republic has raised $5.3M in total across 2 funding rounds.
Donkey Republic's investors include Spintop Ventures, Overkill Ventures.