Comodule
Comodule is an Estonian IoT connectivity platform provider for light electric vehicles, primarily e-bikes. It supplies hardware modules, cellular connectivity, companion apps, and fleet management software to OEMs such as Riese & Müller, Canyon, and Pon, with 800,000+ vehicles connected globally.
- Company typePrivate
- Founded2015
- HeadquartersBerlin, Germany
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Comodule does
Comodule OÜ is an Estonian IoT connectivity platform provider for light electric vehicles, primarily e-bikes. Founded in 2012 and headquartered in Tallinn, Comodule designs and manufactures in-house its hardware modules, cellular connectivity stack, firmware-over-the-air infrastructure, and companion software. The product portfolio includes the Comodule Master and Guardian IoT modules, the Shimano-certified Bonnie & Clyde V2 smart alarm system, a rider-facing Companion App, a Manufacturer Portal for OEMs and fleet operators, and a BLE SDK for developers. The platform integrates with major e-bike drive systems including Shimano, Bafang, and ASI controllers via CAN bus, processing 200 telemetry messages per second at 99.8% uptime across more than 800,000 connected vehicles globally.
Comodule operates as a subsidiary of Kõu Mobility following a 2022 restructuring and is led by co-founder and CEO Teet Praks. The company monetizes through a hybrid model combining one-time IoT hardware module sales to e-bike OEMs with recurring cellular connectivity subscriptions and software fees, sold via multi-year enterprise contracts on a quote-based pricing model. Its go-to-market is primarily direct enterprise field sales to premium e-bike manufacturers (Riese & Müller, Canyon, Pon, Gazelle, Urban Arrow, Veloretti, Christiania Bikes, Super73, Serial 1, VOK, Voltaire, Pony) and shared-mobility fleet operators (Swapfiets, Donkey Republic), supplemented by dealer and distributor channels for retrofit and an emerging insurance and recovery partner ecosystem (Hepster, Bikmo, Nexsurance, FRIS). The company is ISO 9001, 14001, and 45001 certified (recertified 2023) and has been recognized consecutively in 2023 and 2024 by Micromobility Industries as the Best Connectivity & IoT Provider.
Comodule firmographics
Firmographics- Name
- Comodule
- Legal name
- Comodule OÜ
- Website
- https://comodule.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Comodule is an Estonian IoT connectivity platform provider for light electric vehicles, primarily e-bikes. It supplies hardware modules, cellular connectivity, companion apps, and fleet management software to OEMs such as Riese & Müller, Canyon, and Pon, with 800,000+ vehicles connected globally.
- Ownership category
- akta.pro rank
Comodule industry classification
Industry- Product category
- Connected Vehicle IoT Platform for E-bikes
- NAICS
- Other Communications Equipment Manufacturing (33429), Motorcycle, Bicycle, and Parts Manufacturing (336991)
- SIC
- Computer Communications Equipment (3576)
- akta.pro primary industry
- OEM Embedded Connectivity & Telematics Platforms (TLAEAFAA)
- akta.pro secondary industries
- E-Mobility Connectivity, Apps & Anti-Theft Tracking (consumer devices/services) (CRACASAM), Insurance, Risk & Claims Telematics Integrations (TLAEAFAM), V2X On-Board Units (OBUs) & Vehicle Connectivity Modules (TLAJAHAB)
Keywords
Where Comodule is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
Comodule business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales, Supply Chain
Revenue model
- IoT Hardware Sales: Sale of IoT connectivity modules to e-bike manufacturers for embedded integration into their products. Hardware provides the physical connectivity layer enabling the service.
- Connectivity Subscriptions (IoT as a Service): Recurring subscription model for cellular connectivity and cloud services. Provides ongoing connectivity, data processing, and platform access to manufacturers, fleet operators, and riders.
- Companion App Software: Software platform providing rider-facing features including security, tracking, and vehicle diagnostics through a mobile application.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Multi-year contract | IoT Module + Connectivity Package |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels3 records
Comodule product offering
Product offeringCore offering
Comodule designs, develops, and manufactures IoT connectivity hardware modules and companion cloud software that enable e-bike OEMs and shared-mobility operators to add smart features to their vehicles. Its offering combines cellular IoT hardware (Master, Guardian, Bonnie & Clyde V2 modules), a 4G/GPS-connected cloud platform, a Companion App for riders, and a Manufacturer Portal for brands — supported by a REST API and BLE SDK and integrated with major drive systems (Shimano, Bafang, ASI) and insurance partners.
Product overview
Comodule provides an IoT and connectivity platform for e-bike manufacturers comprising hardware modules (Master, Guardian, Bonnie & Clyde V2), a Companion App for end-users, and a Manufacturer Portal for brands to manage connected vehicles. The platform supports multiple drive system integrations including Shimano, Bafang, and ASI controllers, enabling manufacturers to add smart features to their e-bikes through embedded connectivity solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Comodule Master Core IoT module providing connectivity and telemetry for e-bikes, enabling manufacturers to add smart features (tracking, OTA, diagnostics) to their vehicles at production.
- Comodule Guardian Security-focused IoT module designed for theft prevention and recovery, integrating GPS tracking with the recovery services network.
- Bonnie & Clyde V2 Shimano-certified smart alarm system with improved detection range, smartphone connectivity, and integrated digital security features (smart lock, sound alarm, immobilizer) for e-bike protection.
- Companion App Mobile application for end-users to monitor, configure, and manage their connected e-bikes, including GPS tracking, movement alerts, smart lock, sound alarm, ride tracking, security alerts, Share My Bike, Digital Bike Passport, and In-App Theft Reporting.
- Manufacturer Portal Back-end platform for bike brands to manage IoT devices, configure vehicle settings, monitor fleet data, deploy firmware over-the-air updates, and access analytics.
- Comodule BLE SDK Bluetooth Low Energy Software Development Kit for iOS and Android, enabling developers to build applications that access vehicle information, configuration options, and firmware updates via Comodule-connected e-bikes.
- Comodule REST API REST API allowing manufacturers and developers to access vehicle information, configuration, and firmware updates on connected light electric vehicles.
Quantifiable outcome
- 80% bike recovery rate for stolen bikes equipped with Comodule tracking
- +4 more outcomes
Companies that use Comodule
Customer profileNamed customers18 records
Segments3 records
Ideal customer profiles3 records
Comodule technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature7 records
Comodule partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core, minor and flagship.
- ASI (Accelerated Systems Inc.)coreTechnology partnership for e-bike systems integration. ASI provides motor controller systems that integrate with Comodule's IoT connectivity platform for connected e-bike functionality.
- Super73coreConnected e-bike partnership where Comodule provides IoT connectivity integrated into Super73's e-bike products, enabling tracking, security, and rider connectivity features.
- HepstercoreInsurance partnership providing integrated insurance products for e-bikes equipped with Comodule tracking. Enables usage-based insurance models and automated claims through theft recovery data.
- FRIScoreBike recovery service partnership integrating Comodule's tracking capabilities with FRIS recovery operations, achieving 80% stolen bike recovery rate for insured bikes.
- BikmocoreInsurance partnership providing specialist e-bike insurance with Comodule tracking integration, enabling theft protection and recovery services for policyholders.
- NexsuranceminorInsurance partnership providing e-bike insurance coverage with Comodule connectivity integration for enhanced policy offerings and risk assessment.
- Hero Motors / ESYNCcoreE-bike systems partnership with Hero Motors' ESYNC division for integration of Comodule connectivity into Hero's e-bike drive systems and OEM products.
- Christiania BikescoreConnected cargo bikes partnership integrating Comodule IoT into Christiania Bikes' cargo bike products for fleet operators and individual riders.
- BafangcoreDrive system integration partnership with Bafang, a major e-bike drive system manufacturer, enabling Comodule connectivity across Bafang-powered e-bikes.
- ShimanocoreCertified partner status with Shimano, a leading e-bike component manufacturer, enabling interoperability and integration of Comodule connectivity with Shimano systems.
- Donkey RepubliccoreFleet partnership with Donkey Republic bike sharing service, providing IoT connectivity for their fleet of shared bikes across European cities.
- SwapfietscoreFleet partnership with Swapfiets subscription bike service, providing IoT connectivity and fleet management capabilities for their large fleet of connected bikes.
- Urban ArrowcoreConnected cargo bikes partnership with Urban Arrow, integrating Comodule IoT into their family cargo bike products.
- GazellecoreConnected e-bike partnership with Gazelle, a major Dutch e-bike brand, integrating Comodule connectivity into Gazelle's premium e-bike lineup.
- CanyoncoreConnected e-bike partnership with Canyon, integrating Comodule IoT connectivity into their e-bike products for tracking and security features.
- Riese & MüllerflagshipFlagship OEM partnership with Riese & Müller, a leading German e-bike manufacturer, providing comprehensive IoT connectivity across their premium e-bike range.
- PonflagshipFlagship partnership with Pon, a major e-bike group operating multiple brands, providing fleet-wide IoT connectivity across their brand portfolio.
- Zukunft FahrradminorMembership/partnership with Zukunft Fahrrad, the German bicycle industry association, for industry advocacy and market development.
Scale indicators7 records
Recent moves4 records
Expansion highlights6 records
Comodule competitors and assessment
Company assessmentDirect peers
- Bosch eBike Systems: Bosch's e-bike drive systems business bundles its own connected services (eBike Flow app, over-the-air updates, theft reporting). Directly comparable to Comodule as an OEM-embedded e-bike connectivity platform, though Bosch typically sells this as part of its drive-system package rather than as a stand-alone IoT offering.
- Specialized Bikes: Specialized's Mission Control app and Turbo e-bike line integrate proprietary connectivity (motor tuning, ride telemetry, anti-theft). Comparable to Comodule because both deliver OEM-branded connected e-bike experiences, although Specialized operates and consumes the stack itself rather than selling it to other brands.
- Trek Bikes: Trek offers connected features via its own app ecosystem for the Domane+ and Rail+ e-bike lines, including ride tracking and security. Comparable to Comodule in targeting premium e-bike riders with connected services, but it is a captive OEM solution competing against Comodule's multi-brand model.
- Bafang: Bafang is one of the world's largest e-bike drive-system makers and a named integration partner of Comodule. It is comparable because both companies sit between the drive system and OEM and increasingly compete for who owns the connected-data layer on Bafang-powered bikes.
- Shimano (E-Bike Systems): Shimano's E-Bike Systems division runs the E-Tube Project connected platform with certified partner status for Comodule hardware (Bonnie & Clyde V2). Comparable because it controls the certified connectivity experience for a large share of premium e-bikes and competes with Comodule for software and data ownership.
- Aventon: Aventon ships e-bikes with its own companion app providing GPS tracking, ride stats, and over-the-air updates. Comparable to Comodule as a connected e-bike OEM, although Aventon develops the stack in-house rather than buying an IoT platform like Comodule.
Broad incumbents
- Lime: Lime operates one of the world's largest shared e-bike and e-scooter fleets with a fully proprietary IoT platform for fleet tracking, battery management, and anti-theft. Comparable as a large-scale micromobility IoT operator and a benchmark for what Comodule's shared-mobility customers could either build or buy.
Emerging players
- Joyride: Joyride provides a white-label SaaS platform for shared micromobility operators covering fleet management, billing, and IoT device integration. Comparable to Comodule's shared-mobility offering in serving the same fleet operator buyer with a software-first, hardware-agnostic model.
- Brose Antriebstechnik: Brose supplies e-bike drive systems with companion smartphone app and connectivity features, including alarms and tracking functions. Comparable to Comodule as a drive-system-vendor-adjacent connected e-bike platform, although it is primarily bundled with Brose drives rather than sold separately to non-Brose OEMs.
Regional players
- Accell Group: Accell Group is a European bicycle conglomerate owning multiple premium e-bike brands (Gazelle, Babboe, Winora). Comparable to Comodule because Accell's owned brands are Comodule customers, and Accell is currently building more connected-e-bike capabilities across its portfolio, partially overlapping with what Comodule provides.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Comodule social profiles
Digital presenceComodule compliance and trust
Trust signalCompliance3 records
Comodule financial estimates
Financial estimateRevenue estimate
Valuation estimate
Comodule leadership team
Management profileNumber of profiles
Profiles10 records
Comodule funding detail
Funding detailFunding overview
Funding rounds5 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Comodule M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Comodule
What does Comodule do?
Comodule designs, develops, and manufactures IoT connectivity hardware modules and companion cloud software that enable e-bike OEMs and shared-mobility operators to add smart features to their vehicles. Its offering combines cellular IoT hardware (Master, Guardian, Bonnie & Clyde V2 modules), a 4G/GPS-connected cloud platform, a Companion App for riders, and a Manufacturer Portal for brands — supported by a REST API and BLE SDK and integrated with major drive systems (Shimano, Bafang, ASI) and insurance partners.
Is Comodule a public or private company?
Comodule is a private company. It is classified as corporate owned and is currently operating.
When was Comodule founded?
Comodule was founded in 2015. It employs 51 to 100 people.
Where is Comodule based?
Comodule is headquartered in Berlin, Germany, in the Europe region.
How does Comodule make money?
Three revenue lines are on record. IoT Hardware Sales are the primary driver. The others are connectivity Subscriptions (IoT as a Service) and companion App Software.
Who are Comodule's main competitors?
Direct peers on record are Bosch eBike Systems, Specialized Bikes, Trek Bikes, Bafang, Shimano (E-Bike Systems) and Aventon. Lime is listed as a broad incumbent. Emerging players are Joyride and Brose Antriebstechnik. Accell Group is listed as a regional player.
Does Comodule have an API?
Yes. Comodule provides a REST API for manufacturers to access vehicle information, configuration, and firmware updates. The API enables manufacturers to build connected e-bike applications and integrate with Comodule's IoT solutions. Developer documentation is at developer.comodule.com.
What industry is Comodule in?
Comodule's product category is Connected Vehicle IoT Platform for E-bikes. Its primary akta.pro industry code is TLAEAFAA, OEM Embedded Connectivity & Telematics Platforms, with a secondary code of CRACASAM, E-Mobility Connectivity, Apps & Anti-Theft Tracking (consumer devices/services). Its NAICS code is 33429 and its SIC code is 3576.