Open Projects
50 Rebels
Share
50.000 €
100% funded by 395 investors
instalment
monthly
term
30 meses
yearly interest
6.7%
risk rating
C+
50 Rebels is a Portuguese electric bicycle producer. They produce high-quality bikes in Portugal that are especially suited for hilly areas with tough roads, potholes, and tramlines. The design and specifications of 50 Rebels bikes have been successfully introduced in several European countries through an e-commerce strategy and selected partners. At the brand's core, there stand flagship stores and shop-in-shops in cities such as Amsterdam, Berlin, Porto, Valencia, Zurich.
In this campaign, 50 Rebels wants to take on a proactive role in enabling employees to change the way they commute. Its funds will go to a dedicated fleet of 50 Rebels bikes that will be made available to companies for a period of one month each so their employees can commit to trying an electric bike for their daily commute. Studies show that once a commuter tries an electric bike for a longer period of time, they are easily persuaded to change their mode of transport to electric bicycles altogether (up to 30% of participants in a German study converted).
50 Rebels actively supports the Corporate Social Responsibility and Human Resource Departments of the participating companies to enable their employees to get a 25% discount on e-bikes if they purchase their new e-bike through the paycheck of their employer after the trial period. This project contributes to the health, well-being, and loyalty of employees, less consumption of fossil fuel and parking space, and more sustainable and greener cities, and suburban areas. The goal is to change urban mobility and daily commuting one employee at a time.
Direct
Indirect
CO2 avoided per year
The investment of this project will be carried out and repaid by a weekly fee from the companies for the rent, service, and insurance of €50/week per e-bike as well as through the sales of e-bikes to the participants. In the project's ramp-up phase (hence the grace period of 6 months), the interest payments will be carried by the 50 Rebels Companies' normal cash flow. After the grace period, this project needs an average of 8 bikes per month rented and a conversion rate from rent to sales of 2% to carry itself. 50 Rebels estimates a minimum of 15 bikes per month rented and a minimal conversion rate from rent to sales of 5%, leading to an ROI of over 150%.
Download Key Investment Information Sheet
50 Rebels Company, Lda has been producing electric bicycles in Portugal since 2020. Their small but dedicated team of 7 has been conquering Europe from their headquarters in Torres Vedras (Portugal) with their unique bike design and strong branding. From their very beginning, 50 Rebels pledged to locally produce as many products and pre-products as possible. This led to frame manufacturing in Anadia, seat manufacturing in Famalicao, and rack manufacturing in Torres Vedras. Committed to making its products more sustainable, 50 Rebels is introducing a circular lithium battery usage scheme in 2023 with partners in Portugal and France.
This small and unique Portuguese company wants to continue to help change urban mobility in Europe by reaching people that haven’t been in the bicycle market before. The recent launch of the V-Series, 50 Rebels' second product series, is continuing to change the perception of what electric bicycles should look like and make urban and suburban riding easier, safer, and more fun.
The promotor produces high-quality bikes in Portugal that are especially suited for hilly areas with tough roads, potholes, and tramlines. The design and specifications of 50 Rebels bikes have been successfully introduced in several European countries through an e-commerce strategy and selected partners. At the brand's core, there stand flagship stores and shop-in-shops in cities such as Amsterdam, Berlin, Porto, Valencia, Zurich.
With more than 8 years of retail- and customer support experience in Switzerland, Norway, Denmark, and South Africa, it was time to put her experience to work: in 2019, Anna co-founded 50 Rebels with Andreas and made it what it is today: a customer-focused electric bicycle brand.
After 15 years in Marketing Management and Business Development, this 36-year-old Swiss moved to Portugal to start up his own business. Coming from Copenhagen he saw the possible symbiosis of the bicycle-producing country Portugal and the invention of moped-style e-bikes and made it happen: a Portuguese e-bike brand that takes on the European market and keeps the added value in Portugal.
50 Rebels began as an electric bicycle company with a pure direct-2-consumer strategy through its strong e-commerce presence. Towards the end of the Covid-pandemic, they started to mix it up and added a b2b-retail model to their European distribution strategy as well as a stronger presence in the Hotel and Tourism sector in their home market in Portugal. In 2022 the sales are approximately equally distributed between D2C and B2B sales making them more resistant to market disturbances.
As an organization 50 Rebels focuses on vertical integration as much as possible, leading to the control of manufacturing, assembly, and distribution, ending in a favorable gross margin and strong brand security. With the opening of flagship stores (Porto, Valencia, Torres Vedras) or shop-in-shops (Zurich, Paris, Berlin, Amsterdam, Mallorca, Madeira) the control of the value chain is being extended every year.
Most 50 Rebels bikes are sold in Portugal, France, Germany, and The Netherlands.
Active since
2019
Fiscal country
PT
Operating In
Portugal and the EU
Industry
Mobility
Number of Goparity Loans
3
Women Shareholders
Yes
Website
https://www.50rebels.com/2024-10-31
50 Rebels is implementing their first financed project, having used about half of the raised amount towards a fleet of bikes destined to companies promoting the use of e-bikes for daily commute and other mobility needs with their employees.
With the reactivation of public funds promoting clean urban mobility in Portugal, 50 Rebels expects to implement corporate e-bike testing weeks, on a larger scale. The next bike test weeks to be launched will include GPS trackers and surveys to understand behaviour of users in using bikes for their daily commutes.
50 Rebels is launching a third fundraising campaign to source the bikes’ batteries directly in Portugal, reaching 67% of added value with Portuguese companies, per bike. Check it out at 50 Rebels III.
2023-01-09
First instalment was paid to all the investors
2022-12-05
375 investors successfully raised 50.000€
2022-11-30
This campaign will help avoid the emission of 0 tons of CO2 per year