Locky: The Future of Bike Parking 🚲🔓
The Client 🚴
Locky is a young Belgian startup active in the mobility sector, specifically focused on bike parking. It was founded by the inspiring entrepreneur, Shady Cantarella.
His vision is simple: fight against bike theft!
To make this happen, he designed and launched a stylish, durable, and connected bike parking system that he naturally named “The Locky.”
After completing his first funding round in January 2024, Shady installed the first stations in the heart of Brussels.
The need 💡
💡 Shady’s needs after the funding round:
Strategic direction.
Efficient cash flow management.
Structuring of governance.
Fractiønal’s Support 🤝
📈 We provided tailored solutions:
Implementation of a cash management tool - a daily tool that allows Shady to manage his cash flow effectively and make short-term decisions.
Development of a solid financial plan - the main goal was to prepare Locky for the next 18 months leading up to the next funding round.
Creation of a strategic roadmap for the company - this enabled Shady to prioritize effectively and optimize time allocation.
Creation of a comprehensive presentation for the board and a reporting system - helping Shady manage his board effectively and clarify the roles of his directors.
🔑 Coaching Shady on:
Optimal cash allocation strategies.
Refinement of the sales cycle and identification of his Ideal Customer Profile (ICP).
Best practices for managing relationships with investors and directors (newsletters, communication strategy, etc.).
Shady’s Testimonial 🤝
Thank you, Louis, personally!
Very happy you joined the adventure, benefited from your contacts, and challenged me without holding back with all your experience and arsenal of tools 😅; excited to see what comes next!! 🚀
For more info :
If you want to use a Locky to protect your bike while traveling in downtown Brussels:
Visit: Locky
Download the app directly from the stores: Apple Store & Google Play Store
