StableCare provides theft protection for micromobility vehicles, including electric scooters, through a membership model that allows users to log parking sessions and receive coverage based on their security measures. The service addresses the high risk of theft in urban environments by offering flexible membership options and discounts for enhanced security practices.
Funding
Funding not disclosed
Founders
Product
Problem
Owners of electric scooters and other personal electric vehicles (PEVs) face a high risk of theft, yet traditional insurance companies often don't provide adequate coverage for these micromobility vehicles. This leaves riders vulnerable to financial loss and limits their ability to confidently park their vehicles in public spaces.
Solution
StableCare offers theft protection for micromobility vehicles through a membership-based service accessed via a mobile app. Members log parking sessions and receive theft coverage based on their chosen membership tier and security measures. The app allows users to document their parking, providing evidence in case of theft and streamlining the claims process. StableCare also incentivizes enhanced security by offering discounts for using multiple locks, angle-grinder-resistant locks, and alarms.
Target Audience
The primary target audience includes owners of electric scooters, e-bikes, and other personal electric vehicles (PEVs) who seek affordable theft protection and peace of mind when parking their vehicles in urban environments.
Features
- Mobile app for iOS and Android platforms to manage memberships and log parking sessions
- Theft coverage for electric scooters, e-bikes, and other PEVs
- Flexible membership options, including annual, seasonal, and per-session coverage
- Discounts for enhanced security measures, such as using multiple locks, alarms, and angle-grinder-resistant locks
- Community-driven map to discover and share secure parking spots ("Stables") with security camera coverage
- Streamlined claims process with in-app evidence gathering
- Digital wallet integration for passes, tickets, and cards