Crowdfunding for your vehicle-sharing business – what are the options & how to get started
July 18, 2022
min. read
Having a great business idea is rarely enough – you also need money to get the ball rolling. But what if you don't have tens of thousands just laying around to bootstrap your business? Or don't want to go the traditional way and attract VC funding in exchange for a large number of company shares?
This is where many founders choose to crowdfund.
Crowdfunding is a way of raising money for your business from a large number of people through online platforms. In 2000, ArtistShare became the first dedicated crowdfunding platform, and since then, crowdfunding has become one of the top funding sources for businesses, with the global market estimated to reach $300 billion by 2030.
If you're looking to fund your vehicle-sharing business, crowdfunding might be one of the options. It can not only help you attract money but also test your business idea in the first place. After all, if enough people are ready to back your idea, it's a clear sign it has a place in the market.
Screenshot from www.funderbeam.com crowdfunding platform.
Types of crowdfunding platforms & their investors
For your vehicle-sharing business, there are three main types of crowdfunding to consider – rewards, debt, and equity. Let's take a closer look at each of them!
Rewards
This is considered the “traditional” type of crowdfunding and is currently the most popular. The idea is simple – people contribute to a business idea, expecting to receive a reward, such as products or services, at a later stage.
Platforms for rewards-based crowdfunding (few examples):
- Kickstarter
- Indiegogo
Who are the backers?
Regular people with little or no experience in investing; early adopters – people who embrace new things before most other people do. Generally, these people invest because they truly believe in the idea and want to help it come to life, as well as because they just want to be the first in the world to receive the product.
Best for:
Businesses at early stages – idea or early development. Rewards crowdfunding is also for established businesses looking to launch a new product or expand to new markets.
Debt
Debt-based crowdfunding – also known as peer-to-peer (P2P) lending – means that the crowd lends money to a company, which it needs to repay with interest by a certain deadline. The idea is similar to borrowing a loan from a bank, except that in this case, there are many lenders instead of one.
Platforms for debt-based crowdfunding (few examples):
- LendingClub
- Honeycomb Credit
Who are the lenders?
Lenders that support companies via debt-based crowdfunding are individual investors looking to earn a higher profit on their cash savings and/or diversify their portfolio. These investors care about two things – whether the company will be able to repay the loan and how much they'll earn in interest payments. Everything else is secondary.
Best for:
Companies with a stable revenue that can more or less accurately predict their cash flow to repay their lenders. Generally, this is for companies at different stages when they've started to make a profit.
Equity
Equity-based crowdfunding allows businesses to give away a portion of their company to a number of investors in exchange for investment. Investors receive shares in the company based on how much money they've contributed.
Typically, equity-based crowdfunding is done in a way that first, the crowdfunding platform takes the company's equity, then sells the shares on their platform.
Platforms for equity-based crowdfunding (few examples):
- Funderbeam
- Seedrs
Who are the investors?
Typically, these are quite seasoned investors with experience in stock and/or startup investments who are now looking for higher-risk, higher-yield investments. These people might be less interested in the idea or cause behind the business and more in its potential future growth and profits.
Best for:
Businesses at all growth stages, except for the exit/acquisitions stage.
How much can you expect to raise with crowdfunding?
How much a successful crowdfunding campaign raises can differ greatly depending on the stage of your business and the type of crowdfunding you've chosen.
For example, according to the equity-based crowdfunding platform Seedrs, businesses with MVPs usually raise between €30k and €50k, whereas early-stage businesses – between €50k and €250k.
In the meantime, on Kickstarter, the rewards-based crowdfunding platform, the majority of successfully funded projects raise less than $10k. Tech products typically raise between €20k and €100k.
How about vehicle-sharing businesses? Here are two successful examples:
- Electric bike-sharing company Mobi raised €794,891 on Spark Crowdfunding.
- Scooter-sharing startup tretty raised €62,635 from 170 backers with their rewards-based crowdfunding campaign via StartNext.
- Bike and scooter sharing company Frog Mobility raised €138,814 – 40% of their set funding goal – via equity crowdfunding platform Spark Crowdfunding.
- Mount, a PaaS for Airbnb hosts to offer shared vehicles to their guests, raised $133,460 via WeFunder.
To start a bike-sharing or scooter-charing business with 40 vehicles, you should aim for at least €40k. This is doable with all types of crowdfunding models if done right.
Now, let's see what “right” means and how to make your crowdfunding campaign a success.
How to succeed with your crowdfunding campaign
A successful crowdfunding campaign can help you get your business off the ground and raise even more funds than you had expected. The harsh reality, however, is this: as many as 85% of crowdfunding campaigns fail and never reach their set goal.
To increase your chances of a successful crowdfunding campaign here's your basic to-do list:
- Choose the right platform
This depends on your funding goal, the stage of your business, the type of your product, and even your target market. For example, AppBackr is an app-specific crowdfunding platform, StartNext is for products for the German market, while Kickstarter is only available to creators in 25 countries.
- Understand your investors
People backing projects on Kickstarter vs Funderbeam can differ greatly. For example, on Kickstarter, people are more interested in the “coolness” of the product, whereas investors funding companies via debt-based or equity-based crowdfunding platforms care more about the company's projected growth and cash flow, and the money this investment is going to make them. Keep this in mind when crafting your pitch!
- Start preparing early
One of the key secrets to launching a successful crowdfunding campaign is investing heavily in pre-campaign lead generation. Start building a community and an email list of supporters as early as you can – these people will give your campaign the necessary first push to succeed. You should aim to collect 30% of your funding goal within the first week – then, the campaign is likely to reach the goal.
- Craft a compelling pitch
Good storytelling is the key to your campaign's success, no matter who your investors are. That said, the stories they want to hear differ. For a reward-based campaign, craft a story around your product that evokes emotions – make people laugh, help them imagine themselves with your product, or be angry about the issue it's going to solve. For an equity-based campaign, you should focus more on highlighting your team's strengths, market knowledge, and long-term vision.
- A range of rewards
Apart from an option to buy your product, it's recommended to include some lower-priced options for people who just want to support you. For example:
- Weekly or monthly subscriptions to your service
- Free credits to use your service
- Ad space on your product
- Partnership packages
- Priority delivery of the product or access to the service
- Product accessories
- Guided city tours
Other things that can help you launch a successful crowdfunding campaign include:
- Professional visuals – this is essential for making a good first impression
- Videos – they help issuers earn 105% more
- Posting regular updates – those boost your chances of raising 126% more
- Data and stats that make you look reliable – previous successful projects, business traction, existing customer reviews, and testimonials
- Social media presence – when you share your project on social media platforms, your probability of success increases. For example, if you share to 100 or 1,000 followers, the probability of success increases by 20% and 40%, respectively.
To conclude
One of the biggest mistakes founders make is assuming that it's enough to have their campaign launched on the chosen crowdfunding platform, and people will come and invest in it.
The reality, however, is this:
A successful campaign requires a lot of work outside the crowdfunding platform – you need to proactively and systematically look for supporters and persuade them to invest. So, to improve your chances of succeeding, start preparing months before the launch of the campaign.
Interested in launching your own mobility platform?
Click below to learn more or request a demo.
Blog
How to fully automate maintenance tasks and alerts for rental fleets
🚗 Scaling a rental fleet without automating maintenance? That’s risky. Spreadsheets and routine checks might work at 20 vehicles, but once you grow past 50, things start slipping. More operators are using IoT telematics, automatic error codes, and mileage-based service alerts to catch issues early and keep vehicles available. See how rental fleet maintenance automation helps you scale without chaos.
March 31, 2026
min. read
How to automate maintenance alerts for rental fleets
Rental fleet maintenance automation is becoming essential for operators who want to scale without increasing operational complexity. Whether you manage cars, scooters, bikes, or mixed fleets, manual inspections and spreadsheets quickly fail once your fleet grows beyond a few dozen vehicles.
Breakdowns, missed services, and delayed repairs directly affect uptime, revenue, and customer satisfaction. Modern fleet technology makes it possible to automate maintenance using IoT telematics, onboard sensors, automatic error codes, mileage-based triggers, and structured dashboards.
Why manual maintenance tracking does not scale
In small fleets, maintenance is reactive. A customer reports an issue. A staff member checks the vehicle. Someone creates a task manually. This works for 20 vehicles, but for 200 it’s just too much work.
As fleets expand, issues are discovered too late, standards vary between locations, and staff spend more time coordinating than fixing. Rental fleet maintenance automation shifts operations from reactive repairs to preventive, system-driven workflows.
Using IoT telematics to monitor vehicles in real time
IoT telematics devices collect live data such as location, battery level, ignition status, engine health, and mileage. In car rental and car sharing fleets, telematics also track fuel levels, driving behaviour, and diagnostic information.
Instead of waiting for user reports, the system can trigger alerts automatically. For example:
- when a battery drops below 20 percent
- when a vehicle reaches a service mileage threshold
- when a vehicle leaves a defined service area
- when the vehicle receives a few negative reviews
This data feeds directly into the fleet platform, where workflows assign tasks automatically, reducing response times and eliminating internal coordination delays.
Onboard sensors and automatic error codes
Modern vehicles generate diagnostic trouble codes when systems fail. In connected fleets, these codes appear instantly in the operator dashboard.
If a vehicle reports a brake or engine warning, the system can block it from new bookings, notify technicians, and create a repair task automatically. In micromobility fleets, IoT modules detect tilt events, battery degradation, failed unlock attempts, or controller errors.
Digital reporting further improves vehicle availability. ATOM Mobility’s vehicle damage management feature shows how structured workflows reduce downtime and improve transparency.
Mileage-based and time-based service automation
Rule-based servicing is one of the most effective elements of rental fleet maintenance automation.
Operators can set simple service rules, such as:
- changing oil every 15,000 km
- checking brakes every 20,000 km
- running a safety check every six months
When a vehicle reaches one of these limits, the system creates a task automatically. The vehicle can also be temporarily removed from booking until the service is done. This becomes especially important when operating in multiple cities, because it keeps safety standards consistent across the entire fleet.
Maintenance dashboards and task automation
A maintenance dashboard centralises alerts, open issues, and upcoming service requirements.
With structured task management, teams can assign jobs, set priorities, track resolution times, and analyse recurring issues. ATOM Mobility’s Task Manager feature enables operators to convert alerts directly into trackable actions within one system. Alerts that turn into tasks automatically make it clear what needs fixing and when it should be handled.
From reactive to predictive maintenance
With enough historical data, fleets can move beyond fixed intervals. Operators can identify patterns such as faster brake wear in specific models or higher damage rates in certain areas. Predictive maintenance allows servicing based on actual usage intensity, reducing unnecessary costs while preventing major failures.
For operators growing from 50 to 500 vehicles, automation delivers clear advantages:
- higher uptime, because issues are detected earlier
- lower operational costs, since preventive repairs are cheaper than breakdowns
- improved safety and compliance, with no missed service intervals
- better customer experience, with fewer malfunctioning vehicles
- clearer performance metrics for management decisions
Automation supports maintenance teams with clearer priorities and better data.
Building the right automation stack
Effective rental fleet maintenance automation typically requires:
- IoT hardware
- a fleet management platform with automated alerts
- configurable service rules
- a task dashboard
- task automation logic
- analytics tools
When these components are connected, maintenance becomes scalable and controlled instead of reactive. This is especially important for operators running scooter, bike, car sharing, or rental businesses, where uptime directly impacts revenue and retention.
Rental fleet maintenance automation makes maintenance more organised and easier to manage as you grow. IoT telematics, automatic diagnostics, mileage alerts, and task dashboards help create clear processes that support expansion.
For rental and shared mobility operators who want to grow steadily, automating maintenance is essential. It helps keep operations stable and supports long-term profitability.
Blog
Lime improved GPS. But parking compliance may need more than that
Lime improved GPS from 12m to ~1.5m accuracy - a big step forward for micromobility. 🚀 But parking compliance isn’t just about knowing where a vehicle is - it’s about proving it’s parked correctly. Real-world pilots (like Prague) show that physical verification (e.g. Bluetooth beacons) can significantly outperform GPS when it comes to actual compliance.
March 25, 2026
min. read
Lime just raised the bar for GPS-based parking compliance. But the bigger question is this: when cities want verified parking, is better GPS enough, or do operators need physical proof? That question matters more than ever.
Lime’s new LimeBike rollout in the UK comes with a major location upgrade. Lime says its new bikes can locate themselves to within 1.5 metres, a significant improvement from the roughly 12.3 metres typical in dense urban environments (this means that based on GPS data, a vehicle can be up to 12 meters farther or closer than the reported GPS location. Now this error is just 1.5 meters). That is real progress.
Lime’s upgrade is a meaningful step forward for GPS-based positioning. At the same time, cities are increasingly looking beyond positioning accuracy toward verifiable parking compliance.
Why this matters
Cities are becoming much less tolerant of parking disorder. In Kensington & Chelsea, the council seized 1,000 rental e-bikes by November 2025 and collected more than £81,000 in charges from operators.
That is the real backdrop for every operator today:
- stricter enforcement
- more political pressure
- less room for ambiguity
So yes, better GPS is good news. But it does not automatically mean cities will see parking as “solved.” A vehicle may be near a bay, beside a bay, or slightly outside it. In dense urban areas, that difference matters. Traditional GPS struggles there because of building interference, blocked satellite visibility, and signal reflections.
So the strategic question is no longer:
“Can we improve GPS?”
It is:
“What kind of system gives cities enough confidence to enforce parking rules fairly and consistently?”
What the Prague pilot showed
A European Commission-backed pilot in Prague tested a different approach: Bluetooth-based parking verification.
Across 25 parking locations and 989 parking events, the results were clear:
- 90.6% success rate for SparkPark (Bluetooth infrastructure)
- 38.4% success rate for GPS/GNSS positioning
- Technology readiness advanced from TRL 6 to 8/9
When the goal is verified parking inside a defined zone, infrastructure-based validation can significantly outperform vehicle-only (GPS) positioning.
GPS improvement vs physical verification
Lime’s move shows how far vehicle-side intelligence is improving. SparkPark points to a different model: verify the parking zone itself.
That distinction matters.
- GPS estimates where the vehicle is
- Infrastructure confirms whether it is correctly parked
Those are fundamentally different approach.
Why cities may prefer the second path
One of the key findings from the Prague pilot is not just technical - it is institutional. Cities often rely on operator-provided data to assess compliance. That creates a trust gap. What cities increasingly want:
- independent verification
- reliable compliance data
- less reliance on operator-reported positioning
This is why the conversation is shifting from “better accuracy” → “verifiable proof.”
What this means for ATOM Mobility partners
Parking compliance is becoming more important than ever:
- permit approvals
- permit renewals
- daily operational performance
Operators who can demonstrate verifiable compliance may have a clear advantage.
With ATOM Mobility, partners can explore:
- integration-ready compliance workflows as ATOM Mobility already implemented bluetooth-based parking verification together with SparkPark
- futher support for infrastructure-based validation like SparkPark
- 10x faster deployment without full fleet replacement
Instead of waiting for hardware cycles, operators can move faster and adapt to changing city expectations.
Lime deserves credit for pushing GPS accuracy forward. It is a meaningful step for the industry. But the Prague pilot highlights something equally important:
Micromobility parking may not be solved by better positioning alone. It may also require verification.
Not:
“Where is the vehicle likely parked?”
But:
“Can this parking event be verified with confidence?”
Final thought?
The future of parking compliance is likely evolving across two complementary paths:
Path 1: improve GPS accuracy
Path 2: implement physical verification
The first makes parking smarter. The second makes it more reliable and verifiable.
And in regulated urban mobility, confidence and trust often matter as much as precision.
Want to explore how ATOM Mobility can support stricter parking compliance workflows and how SparkPark technology works alongside the ATOM Mobility platform? Get in touch with our team to discuss integration options and city-facing parking control setups.
Sources:
Lime GPS upgrade announcement:
https://www.smartcitiesworld.net/micromobility/new-lime-bike-upgrade-to-hit-uk-streets-this-month-12568
West Midlands LimeBike rollout:
https://www.wmca.org.uk/news/new-limebike-to-launch-in-west-midlands/
Kensington & Chelsea enforcement data:
https://www.rbkc.gov.uk/newsroom/1000-e-bikes-seized-borough
Prague SparkPark pilot (EIT Urban Mobility):
https://marketplace.eiturbanmobility.eu/best-practices/high-precision-parking-for-shared-micromobility-in-prague
SparkPark:
https://sparkpark.no
Driver App demo credentials - Email: test@atom.com, Password: driver
