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Corporate Minority | Alive

Total Raised


About coModule

coModule has developed a hardware and software platform for Light Electric Vehicles (LEVs). The hardware monitors vehicle and environmental metrics and sends the data directly to the end user's smartphone. The mobile app then visualizes the available range, helping to eliminate range anxiety. Data on the vehicle is also sent to the manufacturer of the LEV who can then make better product development decisions and utilize the direct communication with the end user.

Headquarters Location

Dunkri 9

Tallinn, 10123,


+49 1746705577

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Expert Collections containing coModule

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

coModule is included in 2 Expert Collections, including Auto Tech.


Auto Tech

3,438 items

Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.


Bike & Scooter Tech

369 items

We define bike and scooter technology startups as companies working on shared vehicle networks, vehicle design, and charging infrastructure for bicycles, scooters, mopeds, and other compact vehicles for one to two passengers.

Latest coModule News

“E-Bike Connectivity Leads to Lower Insurance Premium with Comodule and Nexurance Partnership”

May 20, 2023

Thanks to e-bike connectivity, users can benefit from a lower insurance premium Comodulea leading provider of e-bike connectivity solutions in the field of micro mobility and nexurance, a leading provider of e-bike insurance with risk-reducing technology, cooperate in the field of e-bike insurance. Comodule GPS tracking technology massively reduces the risk of theft of e-bikes. This makes the e-bike theft insurance from nexurance significantly cheaper for e-bike users. Teet Praks, Founder and CEO of Comodule: Digital security for e-bikes is already demonstrably reducing the number of stolen e-bikes. The seamless integration of e-bike theft insurance has always been our goal and is an essential part of increasing the security perception of e-bike users.Teet Praks dr Jacob Spönemann, CEO of nexsurance GmbH, is pleased about the cooperation and reports: We believe insurance needs to go beyond simply assuming risk or paying claims – into risk management. Therefore, the focus of nexsurance is on offering risk-reducing products such as insurance, IoT devices, supplementary services or tying them up into complete packages. In this context, we are very pleased to be able to offer our particularly affordable product package “Comodule Connected E-Bikes and nexsurance bicycle insurance”. With the Comodule IoT technology, we can reduce insurance rates by 40 percent.Dr. Jacob Spönemann In Germany, e-bikes are insured in 73% of all cases directly or shortly after purchase*. This makes e-bike connectivity even more attractive. Due to the reduced insurance premium in connection with GPS tracking technology, the costs for connectivity can be almost completely compensated. All e-bikes equipped with Comodule connectivity can benefit from the reduced insurance premiums. E-bike owners are informed about the insurance offer via the Comodule Companion app. End customers only have to select “Comodule Connectivity” on the nexurance website to receive the reduced insurance premium. The insurance contract can easily be concluded directly online. Comodule will continue to work on innovative e-bike safety packages that e-bike users and manufacturers can benefit from. Further information: Fahrradversicherung

coModule Frequently Asked Questions (FAQ)

  • Where is coModule's headquarters?

    coModule's headquarters is located at Dunkri 9, Tallinn.

  • What is coModule's latest funding round?

    coModule's latest funding round is Corporate Minority.

  • How much did coModule raise?

    coModule raised a total of $580K.

  • Who are the investors of coModule?

    Investors of coModule include KP Cyclery, Onboard Ventures Discovery, Pitch@Palace, High-Tech Grunderfonds and Startupbootcamp Smart Transportation & Energy.

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