Liberty Rider takes action to save the lives of bikers when they have an accident using an algorithm that detects a fall, and gives the biker two minutes to say that he is fine. This start-up is part of Challenges’ “100 start-ups where to invest in 2020” selection.
Capital sought: 3 million euros
A start on the wheel hats! Four years after its launch, the app for two-wheeler pilots, Liberty Rider, now has Axa, Mutuelle des motards, Matmut, Macif and InterMutuelles Assistance. Sheltered today by the hub of the French Insurance Federation (FFA), the company is now working to convince two last heavyweights in the sector, the broker Auto-moto verte (AMV) and Covéa, to integrate its services. Developed by bikers, including Emmanuel Petit (the 31-year-old managing director) and Jérémie Fourmanne (a 27-year-old engineer), the app can trigger alerts and call the emergency services if the fall of the two-wheeler is detected by the smartphone.
Insurers are also interested in Liberty Rider’s preventive actions: with 2.8 million turns in its database, the app alerts bikers who attack curves at too high a speed. With the manufacturer of gloves Racer, the company is working on the creation of connected gloves that will directly warn pilots by flashing LEDs and vibrations, including in the event of dangers reported by the Liberty Rider community.
The start-up has collected a million euros in turnover last year thanks to premium subscriptions, which mainly go through insurers. “Ultimately, we want to become a service, prevention and safety platform for bikers,” said François Tournadre, partner in charge of marketing. “During the crisis, the premium option is offered to those who use their vehicles to go to work.”
Contact: [email protected]