Everything Antti Kansanaho (Antti Consala) said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Yeply Employs All Mechanics In-House Rather Than Using Gig Workers
“Are they all, we employ them all. So it's all in-house. It's not your typical platform business.”
Yeply completed roughly 10,000 bike repairs in the prior month
“It's about probably closer to 10,000, I would say last month.”
Yeply's average consumer revenue per fix is €100 to €110
“We do our average revenue per customer is about a hundred euros, a 110 euros, depending on the market.”
Yeply generated €300,000 to €400,000 in monthly revenue
“That's probably somewhere around three to 400,000 last month.”
Mechanic salaries represent approximately 70% of Yeply's cost structure
“70%. You're pretty close to the cost structure there.”
Yeply currently leases around 25 mobile service units
“Currently it's probably somewhere around 25 at the moment.”
Yeply Raised Capital in February 2022 from Wolt Founders
“We raised capital. Now we got in venture the guys behind Walt, for example they joined us this February.”
Yeply raised nearly $3.5M total including secondary transactions
“The secondaries three point, it was almost 3.5”
Yeply raised $800K across two crowdfunding rounds for German expansion
“We did one round with 300 K one round with half a mil.”
50 to 60 crowdfunding investors cashed out in Yeply's secondary round
“Not all of them. There was the ones that wanted to sell had the opportunity to sell. So I think about 50, 60 of them.”
Yeply founders invested more capital instead of taking secondary liquidity
“No, no, we're putting more money in.”
Yeply enters new markets via B2B fleets before launching consumer services
“What we do is basically open up, when we open up a new country, we start with our fleet business. So, B to B operations. We go basically have a nationwide coverage. If we look at how we opened up the Netherlands back in last October or November we started off …”
Yeply Employs Around 60 Bike Mechanics Across 80 Total Staff
“Bike fixers is about 60 of them. All companies. Okay. Probably somewhere close to 80 at the moment.”
Yeply operates in Germany, Netherlands, and Austria, targeting UK expansion in 2022
“Then we're operating how in Germany, having nationwide coverage there, the Netherlands and then Austria at the moment, looking to open up the UK market still this year.”
Mobile service units are likely Yeply's second-biggest monthly cost
“Yeah, that's probably the second biggest cost of the month. The actual unit service units, but then if we compare it to a traditional bike shop where you are looking at the costs of your venue.”
Yeply employs six to seven full-time software engineers
“Full-time engineers, probably somewhere six, seven at the moment.”
Gorillas co-founder Felix Chrobok serves on Yeply's board of directors
“I really much enjoy talks with Felix Krobor, one of the co-founders of Gorillaz is also on our board and our mentor.”
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