Vehicle access
Daily, weekly, and monthly e-bike rental for riders who need a work vehicle without buying one upfront.
July 2026
US$100K pre-seed round
Ebike PH rents work-ready e-bikes and operates the service layer around the vehicle: maintenance, battery support, handover proof, payment cadence, and collections.
Round
US$100K
US$2M post-money SAFE target
Deployment target
100 bikes
staged proof cluster target
Founder capital
US$2K
capital invested before outside round
Paid-customer proof
22 CRM rows
PHP 2,808 CRM-verified gross; 18 PayMongo paid
Business-plan link, founder contact details, traction proof, and round terms in one investor-facing surface.
Company
Ebike PH
Registered country
Philippines (PH)
Founder / CEO
Kai Shen
CEO phone
+60 11 2195 0881
Founder email
eekaishen@gmail.com
Market
Philippines delivery riders
Rider Wedge
The gap
For delivery riders, downtime means lost income. The opportunity is not hardware retail; it is managed access, fast maintenance, spare parts, payment control, and reliable after-sales support.
Daily, weekly, and monthly e-bike rental for riders who need a work vehicle without buying one upfront.
Maintenance, spare parts, battery support, GPS visibility, handover proof, and rider support around the bike.
Deposit, rental receipts, billing cadence, and ledger review to keep fleet cashflow visible.
Application, identity review, plan selection, handover evidence, and CRM operations workflow.
Timing
Why now
A broad EV story is not enough. The investable timing is the combination of active delivery-rider work modes, rider cashflow pressure, and a funding market that rewards payback discipline.
The round should buy evidence, not vanity fleet size.
Platform fit
foodpanda PH accepts bicycle, motorcycle, e-scooter, and walker delivery modes.
Rider cashflow
Work-vehicle access is still a cash constraint for riders who need earning uptime.
Investor filter
Mobility investors now punish growth-first fleet stories without payback discipline.
Execution window
A small proof cluster can validate utilization, collections, repairs, and route control before scale.
Why This Wedge
Investor lens
This should not read like a broad EV rollout. The first investable thesis is one dense delivery-rider operating loop: acquire the rider, keep the bike earning, collect payments, and control losses.
A financed bike sale helps a qualified buyer own hardware. EBike PH sells lower-friction access and service-backed earning uptime.
Beachhead
Dense Metro Manila delivery routes, BGC-first operating hypothesis
Customer
Delivery riders who need earning uptime without buying a vehicle upfront
Alternatives
Cash purchase, financed bike sale, informal rental, motorcycle
EBike PH wedge
Rental access plus uptime support, tracking, payment cadence, and maintenance
The business is asset-backed and operationally hard, but the first proof loop is measurable: utilization, collection cadence, downtime, repairs, loss rate, and rider retention.
Alternatives + Plan To Win
Competitive reality
The company should not claim a blank market. The sharper claim is that existing options leave gaps around upfront cash, repairs, tracking, and collections.
Alternative
Strength
Gap
EBike PH response
Lowest long-term cost for riders with capital.
High upfront cash burden and rider-owned maintenance risk.
Rental access with maintenance cadence and payment visibility.
Ownership path for qualified borrowers.
Credit qualification, down payment, repossession friction.
Shorter commitment and service-backed earning uptime.
Fast access and familiar local behavior.
Weak tracking, weak collections, inconsistent repairs.
GPS, handover proof, ledger, and spare-parts workflow.
Higher speed and range.
Higher entry cost, fuel exposure, and license/vehicle burden.
Dense-zone e-bike work loops where uptime and cost matter.
First Paid Rider
What changed
Early proof only: one rider accepted a supported work bike and made rental payments. It is not yet proof of scaled demand.
Demand signal
72 raw Meta lead signals; 38 deduped review items
Paid proof
First anonymized paid rider with work-bike handover evidence
Payment proof
22 CRM paid verification rows; PHP 2,808 gross verified
Product proof
Live rider site, login flow, CRM workflow, and payment ledger

Customer
Delivery rider, anonymized
Use case
Work-bike rental for delivery income
Visible cadence
Daily rental rows at PHP 200
Case ledger
12 received rows: 11 rentals and 1 deposit
Evidence window
Late June to early July 2026 ledger proof
Privacy rule
Face blurred; no customer ID or phone shown
Ledger + Workflow

Operating system
Investor risk moves from rider demand uncertainty toward measurable operating questions: collection cadence, downtime, maintenance cost, retention, and payback.

Pricing + Unit Economics
Rider pricing
Daily
PHP 200
highest flexibility
Weekly
PHP 1,200
cashflow discount
Monthly
PHP 4,500
best committed rate
Modeled scale cases, not historical revenue.
| Scale | Util. | Revenue | Cash | Return |
|---|---|---|---|---|
| 100 bikes | 80% | US$6.7K / mo | US$2.5K / mo | 40.2% annualized cash return |
| 500 bikes | 80% | US$33K / mo | US$21K / mo | 17.5-month payback; 68.7% annualized cash return |
What Must Be Proven
IC questions
The current materials are now strong enough for a first meeting only if they stay disciplined: show proof, label modeled numbers, and make the next evidence-gates explicit.
Diligence package score
100 / 100
Package completeness, not a claim that execution risk is gone.
Every claim should be one of: proved by live EBike PH evidence, modeled for the proof cluster, or still open for diligence.
Investor question
72 raw Meta lead signals, 38 deduped review items, 11 legal applications, first paid rider.
Next proof
Clean lead-to-test-ride, test-ride-to-paid conversion, and week-2 retention.
Investor question
22 CRM paid rows; PHP 2,808 gross verified. PayMongo-only cross-check: 18 payments, PHP 2,406.
Next proof
Reconcile provider totals, then confirm landed cost, repair reserve, downtime, and missed-payment rate.
Investor question
Confirmed road restrictions; BGC/Y16 route fit remains open.
Next proof
Finalize route pack, no-go roads, vehicle-class review, and rider briefing.
Use of Funds
Ask
The round funds operating proof, not a broad national rollout. The next investment decision should be based on measured utilization, cash collection, maintenance cost, downtime, and rider retention.
Now
Bike handover, app workflow, payment ledger.
Next
Validate utilization, collections, maintenance, retention.
Then
Scale after repeatable collection, uptime, and payback.
100-Bike Evidence Gates
What US$100K must buy
The next round is justified only if the pilot produces clean evidence across demand, unit economics, operations, and expansion discipline.
500 bikes should be an expansion decision after proof, not a claim inside the current raise.
Gate
Current
72 raw Meta lead signals; 38 deduped review items; 11 legal applications; one paid rider.
Next evidence
Qualified leads, test rides, paid conversions, week-2 retention.
Gate
Current
22 CRM paid rows, PHP 2,808 gross verified; Y16 component list subtotal USD 870.30.
Next evidence
Provider reconciliation, landed cost, warranty, repair reserve, downtime, missed-payment rate.
Gate
Current
1 active bike assignment, GPS normal, 6 handover acknowledgements, CRM workflow.
Next evidence
Launch-zone route pack, no-go roads, rider briefing workflow, maintenance log.
Gate
Current
100-bike proof target; 500-bike expansion modeled.
Next evidence
Expand only after collection, uptime, payback, and retention thresholds.
Next Step
Founder
Kai Shen has worked across early-stage mobility, logistics, and fleet operations, including Mobike Southeast Asia operations, Rybit delivery-rider fleet work in the US, and Flash Malaysia logistics execution.
The current round is for disciplined proof: utilization, collections, maintenance, downtime, and rider retention.
Design system version: 2026-06-20-locked-color-board. Public proof assets are sanitized for investor review. Customer raw ID, payment references, and direct contact details are intentionally excluded.
Contact
eekaishen@gmail.com
+60 11 2195 0881