50 to 60 crowdfunding investors cashed out in Yeply's secondary round
Antti Kansanaho (Antti Consala) · He used software to fix 10,000 bikes last month, made $400,000 revenue · May 25, 2022 · at 12:05
Antti Kansanaho is the co-founder and CEO of Yeply, explaining how the company cleaned up its cap table by buying out retail crowdfunding investors.
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“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.”
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More from Antti Kansanaho (Antti Consala)
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.”