# Laka

**Source:** https://www.startuphub.ai/startups/laka
**Profile type:** Startup

> A green mobility InsurTech startup offering a collective-driven approach to insurance.

## About

Laka is a London-based InsurTech startup that aims to disrupt traditional insurance models with a fairer, collective-driven approach, particularly for the micromobility sector. Instead of fixed upfront premiums, Laka charges customers monthly based on the collective's actual claims, with a guaranteed maximum spend. Their flagship product is insurance for bikes, e-bikes, and e-cargo bikes, complemented by personal liability, health and recovery, and solutions for commercial partners. Laka operates across the EEA in eleven countries and has expanded from a direct-to-consumer model to a B2B2C platform through strategic acquisitions and partnerships with major brands and a network of bike dealers.

## Key facts

- **Slug:** laka
- **Website:** https://www.laka.co/
- **Location:** London, England, United Kingdom
- **Founded:** 2017-01-01 00:00:00
- **Employees:** 16
- **Operating status:** Active
- **Total funding:** $13M
- **Sectors / tags:** InsurTech, Micromobility, Green Mobility, Insurance, Fintech, Electric Vehicles, Parametric Insurance, AI-Driven Parametric Insurance, Fleet Management, Consumer App
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/laka/
  - Twitter: https://twitter.com/Laka_App
  - Facebook: https://facebook.com/lakahq

## Frequently asked

### What does Laka do?

Laka is a London-based InsurTech startup that aims to disrupt traditional insurance models with a fairer, collective-driven approach, particularly for the micromobility sector. Instead of fixed upfront premiums, Laka charges customers monthly based on the collective's actual claims, with a guaranteed maximum spend. Their flagship product is insurance for bikes, e-bikes, and e-cargo bikes, complemented by personal liability, health and recovery, and solutions for commercial partners. Laka operate…

### What is Laka's revenue?

StartupHub estimates Laka's annual revenue at $10.7M (range $7.6M to $17.0M, 68% confidence), based on comparable companies in the sector.

### What is Laka's valuation?

StartupHub estimates Laka's effective valuation at $50.4M (range $32.5M to $78.0M, 11% confidence), based on comparable companies in the sector.

### How much funding has Laka raised?

Laka has raised a total of $13M in funding. The most recent round on record is Series A.

### Where is Laka headquartered?

Laka is headquartered in London, England, United Kingdom.

### When was Laka founded?

Laka was founded in 2017.

### What industry does Laka operate in?

Laka operates in InsurTech, Micromobility, Green Mobility, Insurance, Fintech, Electric Vehicles.

### How many employees does Laka have?

Laka has approximately 16 people on record.

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