Vok Bikes

Tallinn, Estonia Founded: 2019 • Age: 7 yrs
Cargo bikes and e-bikes are supplied for delivery services.

About Vok Bikes

Vok Bikes is a company based in Tallinn (Estonia) founded in 2019 by Siim Starke and Indrek Petjarv.. Vok Bikes has raised $11.12 million across 5 funding rounds from investors including Sunly, Enterprise Estonia and SmartCap. The company has 13 employees as of September 30, 2024. Vok Bikes offers products and services including Vok S, Vok XL, and Vok U.

  • Headquarter Tallinn, Estonia
  • Employees 13 as on 30 Sep, 2024
  • Founders Siim Starke, Indrek Petjarv
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Optigon Oü
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11.12 M (USD)

    in 5 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    Jul 02, 2025

  • Investors
    Sunly

    & 11 more

  • Employee Count
    13

    as on Sep 30, 2024

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Products & Services of Vok Bikes

Vok Bikes offers a comprehensive portfolio of products and services, including Vok S, Vok XL, and Vok U. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Compact bike for agile deliveries with 420l cargo space and 120kg payload.

Large-capacity bike for spacious deliveries up to 200kg payload.

Versatile bike for various business delivery needs and applications.

People of Vok Bikes
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Mihkel Kivimäe
Finance Manager
People
Kristjan Kõuts
Electronics Team Lead
People
Riho Koop
Co-Founder/ CTO
People
Indrek Petjärv
Co-Founder & CEO

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Funding Insights of Vok Bikes

Vok Bikes has successfully raised a total of $11.12M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series A — $6.0M
  • First Round

    (19 Jan 2021)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2025 Amount Series A - Vok Bikes Valuation unknown
Jun, 2023 Amount Grant - Vok Bikes Valuation

investors

Jun, 2023 Amount Seed - Vok Bikes Valuation SmartCap , Metaplanet
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Vok Bikes

Vok Bikes has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Sunly, Enterprise Estonia and SmartCap. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Metaplanet is recognized as an evergreen investment firm focused on deep tech.
Founded Year Domain Location
B2B software, fintech, and tech companies are funded by Specialist.
Founded Year Domain Location
European seed-stage tech firms are funded by Spring Capital micro-VC.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Vok Bikes

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Vok Bikes

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vok Bikes Comparisons

Employees
+
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Competitors of Vok Bikes

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vok Bikes

Frequently Asked Questions about Vok Bikes

When was Vok Bikes founded?

Vok Bikes was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Vok Bikes located?

Vok Bikes is headquartered in Tallinn, Estonia.

Who is the current CEO of Vok Bikes?

Indrek Petjarv is the current CEO of Vok Bikes. They have also founded this company.

Is Vok Bikes a funded company?

Vok Bikes is a funded company, having raised a total of $11.12M across 5 funding rounds to date. The company's 1st funding round was a Grant of $328.02K, raised on Jan 19, 2021.

How many employees does Vok Bikes have?

As of Sep 30, 2024, the latest employee count at Vok Bikes is 13.

What does Vok Bikes do?

Vok Bikes was founded in 2019 in Tallinn, Estonia, within the e-mobility sector. E-bikes, cargo bikes, and vans are developed specifically for courier and delivery operations. Environmentally friendly mobility solutions are provided to facilitate urban logistics. These offerings support the efficiency of delivery businesses through sustainable transport options.

What products or services does Vok Bikes offer?

Vok Bikes offers Vok S, Vok XL, and Vok U.

Who are Vok Bikes's investors?

Vok Bikes has 12 investors. Key investors include Sunly, Enterprise Estonia, SmartCap, Metaplanet, and Specialist.

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