Entrepreneur Spotlight: Alexandre Molla

Insights from Alexandre Molla, Co-Founder & CEO of Sharelock

Sharelock is revolutionizing the way bicycles are protected and shared with their innovative lock and insurance solutions. According to Alexandre, “Fear of theft is the main obstacle to bicycle usage.”

To address this issue, Sharelock has developed the first network of shared locks in the world, providing bicycle owners with protection anywhere, anytime, along with embedded insurance and many other sweet features.

To further enhance their impact, they have also developed a highly disruptive bicycle insurance that is simple, transparent, and reliable, with unique AI-backed features that allow them to gather and analyze unique mobility and theft data. This makes Sharelock the most advanced bicycle insurance, and the first to truly understand this new insurance segment.

🌍 Positive Impact Beyond Business

Sharelock’s mission goes beyond financial success. They are deeply committed to creating a positive environmental impact. With their insurance solution, 36% of policyholders increased their bike usage, resulting in a reduction of nearly 6% of yearly direct personal CO₂ emissions. This marks a meaningful step toward more sustainable transportation.

🚀 The Vision Behind Sharelock

So, what motivated Alexandre and his team to launch Sharelock? “Everyone is aware of the paradigm shift currently happening, whereby the bicycle has evolved from a simple leisure activity to a full-fledged mass transportation solution,” says Alexandre.

“Unlocking further this practice by addressing specifically the main obstacle is thrilling to us. Our ambition is to massively unlock bicycle usage. The massive potential impact is at the heart of our ambition.”

💡 Overcoming Challenges: From Blank Sheet to Commercial Deployment

Sharelock began from a blank sheet of paper with ambitious targets for reliability, delivery time, and overall costs. Finding the right partners was key to success, enabling the deployment of the first 100 locks for beta users within just six months.

Despite global supply chain disruptions, Sharelock launched its full commercial solution within 12 months, demonstrating exceptional execution speed and resilience.

🔑 Game-Changing Decision: Accelerating the Insurance Launch

Initially, Sharelock planned to release its insurance solution several years after the lock product. However, the team made a bold move to aggressively accelerate the insurance launch, leveraging unique data gathered through the locks.

“Today, our insurance solution largely benefited from our locks solution from a legitimacy and visibility perspective. Close to 100% of our revenues come from our insurance line of business, which is currently showing very strong momentum from both a growth and financial health perspective.”

📌 Advice for Entrepreneurs

Alexandre’s advice for entrepreneurs centers on ownership and humility:

“Ownership is about setting high standards—for ourselves, our team, and our users. Being humble forces us to listen and learn in an evergreen iterative process. With process comes efficiency and speed, helping us stay ahead of the curve and continuously improve our game.”