Laka acquires VeloLife’s bike insurance business, marking its fourth acquisition as M&A strategy accelerates

May 6, 2026

Laka, the UK & EU green mobility insurtech, today announces the acquisition of assets from VeloLife, the specialist cycle insurance provider. This marks Laka’s fourth acquisition in three years and the first public milestone in the active M&A pipeline that Laka signalled when it closed its £14.1 million Series B – which included a dedicated £6.5 million venture debt facility from HSBC Innovation Banking, secured specifically to fund strategic acquisitions.

The acquisition accelerates Laka’s footprint in the UK bike dealer channel. A cornerstone of this growth is a partnership with EPOS provider Citrus Lime, which allows Laka to embed its insurance products directly into the retail workflow of hundreds of independent bike shops – deepening Laka’s B2B2C model at the point of sale. BikeBiz