• Founding date

    11/2015

  • Headquarter

    Ukraine

  • Current project stage

    Startup

  • Product type

    Hardware

  • Sector

    Hardware, Manufacturing, Transport

  • Investment Ticket (USD)

    380 000

  • Investment type

    Venture Capital, Corporate Venture Capital, Private Equity, Investment banking, Public grant, Business Angel

  • Investment round

    A

  • Business Model

    B2C, B2B

  • Source of current funding

    Founders, Business Angel, Other

Rinsten

Rinsten specializes in the development and production of innovative bicycle accessories. Rinsten Spring is a universal underseat shock absorber makes the ride more comfortable and healthier for the body by minimizing vibration from road bumps. It damps vertical impacts and vibrations from the surface. It allows to apply less effort while riding and takes pressure of the back. By working in three dimensions it eliminates stress from cyclist’s body. It is the first bicycle shock absorber in the world which can be installed on children bicycles (from 2 years old).

Annual Revenue (USD)

90 000

MRR - Monthly recurring revenue (USD)

9000

Funding spent to date (USD)

440 000