Berlin, March 12th, 2025 — Electric mobility subscription company Dance, today announced the successful closing of a €12 million funding round in equity and debt. This milestone underscores investors' confidence in Dance’s mission to revolutionize urban transportation and accelerate the transition toward a more sustainable, seamless, and joyful way of moving through cities. With over 10,000 customers and 80+ corporates, the company is on track for full-year EBITDA profitability in 2025.

With new funding, Dance is poised to take its vision to the next level: further developing its hardware and software, expanding its fleet, and creating cities where transportation is not only efficient but also a key contributor to a healthier, more livable environment.

New equity investors include Berlin-based sustainability & lifestyle investor Elemental, Uli Schöberl (Apple) and Piotr Brzezinski (Fabric London). The asset-backed debt facility is provided by Paris-based Smart Lender Asset Management.

Securing asset-backed debt financing is a significant milestone for Dance. The debt facility from Smart Lenders Asset Management offers robust, non-dilutive funding to support our sustainable growth.

“We are looking forward to working with Dance. The type of financing we’re providing is typically reserved for larger players in the fintech industry. At Smart Lenders AM, we value innovations that deliver results, and Dance is a great example. Their strong financial performance and profitability across markets made us eager to be part of their journey.”, says Erich Bonnet, CEO of Smart Lenders AM.

The proceeds will be used to continue executing on Dance’s mission to create more livable cities by offering best-in-class ebike subscriptions in Paris, Berlin, Hamburg, and Munich.

“We believe cities deserve better transportation options. At Dance, we’re leading this change with a premium, hassle-free e-bike subscription that empowers people to move freely and sustainably.” said Eric Quidenus-Wahlforss, Founder and CEO of Dance. "With this new investment, we will continue to scale our fleet and operations while refining our hardware, software, and service to make clean mobility more accessible for urban residents."

At Dance, we believe getting where you want to go should be simple and sustainable. With our full-service emobility subscription, members can easily explore their city with an electric bike or moped while benefiting from included maintenance, repairs and extra protection. Both individuals and businesses can make convenient and fun mobility choices without the hassle of ownership: membership is flexible. Ultimately, Dance believes that the more people use electric mobility, the closer we get to connected and livable cities. 

Dance is currently live in Berlin, Hamburg and Munich (Germany), and Paris (France). The company was founded by SoundCloud founders Eric Quidenus-Wahlforss and Alexander Ljung, together with the co-founder of Jimdo, Christian Springub. Investors include Eurazeo, Elemental and 4P Capital. To find out more, visit https://dance.co.