WE'RE CROWDFUNDING

Own a piece of Fettle by investing as little as £10 in our community crowdfund and join us for the ride!

Investments of this nature carry risk to your capital, please invest aware. 

Our Crowdfunding story

The backstory

It would be hard not to have noticed the massive growth of bicycles - both manual and electric - on our roads. And of course, COVID-19 has accelerated that trend with 1 million more adults taking to the saddle in the last year. 

Despite that, nearly 1 in 10 bike shops have been closing down as their retail business is soaked up by online purchasing of bikes, kit and accessories. Whilst retail can shift online, servicing cannot.

But, the bike repair sector has been stuck in the dark ages. Outdated practices, jargon and a lack of transparency. Oh, and huge waiting lists too.

Introducing fettle

As a team that loves to see people riding, we’ve spent the last 21 months taking all that we did not like and fixed it for good.

Enabled by smart-tech and both experienced and in-house training mechanics, we’re putting the service back into bike servicing, for all riders.

We’re reinventing repair

Smart tech links all our systems & customer facing tools allowing us to offer the easiest, most convenient and simplest service on the market. We make access to our trained mechanics as simple and scalable as possible. With all services bookable through our app, a home pick-up and delivery service and notifications to keep you updated, we've pulled bike workshops into the 21st century.

Here are some of the lovely things people say..

"Easy to book (via a simple web interface and a 'chatty' SMS bot that tells you where your bike is in the process). Great calibre of work - rapid, very clean. I love their flexibility"
- Ian Jinda

"The fettle team are amazing and welcoming, there is no exclusive elite feel when you don't know some details about your bike... The service was fast, communication was great and the bike feels like new now. All in all I really recommend going there if you need a service done. Thanks team fettle! You rock!" - Johanna Wellems

"Since opening its first workshop 18 months ago, the London-based startup has gone from strength to strength. With its fifth workshop having opened this month, and continued plans for expansion, the company is on its way to achieving its ambition of a UK network of workshops within five years."

We've worked with...

Why invest in us?

£1bn

Estimated size of bike repair market

7000+

Bookings in first 21 months

35% +

Customers returning in first 21 months

90 Workshops

Targeting 90 workshops nationwide within 5 years.

520%

Growth in revenue, Q2 2020 > Q2 2021 ('21, Rev £202k, EBITDA
-£165K)

4.9*+

Average customer rating

Q&A

Why are you crowdfunding?

We’re crowdfunding to enable us to open more workshops and bring faff-free bike repair to riders up and down the UK. 

To date, we have raised funds from private investors. Alongside their continued support, we’d like to open up the chance to be a shareholder to customers and the public who share our vision for the future. 

Crowdfunding allows everyone the opportunity to invest in businesses close to their interests - opportunities that only seasoned investors would typically have access to. It allows people to support businesses which aim to bring about change that is meaningful to them. We want to build a community that will help us grow faster and better.

What is Crowdcube?

Crowdcube is a crowdfunding platform that matches start-ups and scale-ups looking for investment, with a wide range of everyday and experienced investors who want to share in the future of companies they believe in.

Who can invest?

Anyone! Well, anyone who is over 18 and legally entitled to invest. We've asked our Fettle community before anyone else as we wanted our cycling community to be the first to know. 

How do I become a Fettle shareholder?

You will need to sign up (free) to Crowdcube. As soon as our page is live you will have exclusive access to invest before we share with the rest of the world. You will officially be a Fettle shareholder once the round has closed and the cooling-off period is over! If you register your interest now we'll let you know when the private page goes live.

When will the campaign go live?

We're going to go live privately on Crowdcube in early-September. Exclusive access will be given to those who pre-registered using this page. We will open up for investment from all other parties publicly later in September.

How much can I invest?

You can invest any amount from £10 up to as much as you like!

Does pre-registering commit me to investing?

Not at all, it just means you'd like to have an exclusive chance to invest when we open privately in September. There's a cap to the total investment amount and we will have to close the round once we've hit it, so we're giving everyone who signs up now the opportunity to invest first.

What benefits do I get as a shareholder?

When you become a shareholder in Fettle, you own a small piece of our company. It means that you would share in the financial success of a sale, an IPO or a dividend return, although these are not guaranteed outcomes. Whatever happens, you'll get to be a part of our future.

Depending on the amount you invest, you’ll also get some perks ranging from branded merchandise to lifetime servicing discount. 

Get exclusive access to become a shareholder before the wider public

Investments of this nature carry risk to your capital and should be invested in as part of a diversified portfolio. Please invest aware. This page has been approved as a Financial Promotion by Crowdcube Capital Ltd (FCA no. 650205).