CYCLE - About the company
CYCLE is a series A company based in Berlin (Germany), founded in 2018 by Luis Orsini-Rosenberg and Nikodemus Seilern. It operates as an Online vehicle subscription platform providing electric bicycles. CYCLE has raised $22.1M in funding from LocalGlobe and Scania Growth Capital.
Company Details
Online vehicle subscription platform providing electric bicycles. They provide delivery-only membership service for electric bikes. It also provide maintenance and theft prevention, electric bicycles, DIY parts, servicing, and more.
- Website
- www.cycle.eco/
- Email ID
- *****@cycle.eco
- Registered Address
- c/o FactoryWorks, Blücherstrasse 22, 10961 Berlin, Deutschland
Key Metrics
Founded Year
2018
Location
Berlin, Germany
Stage
Series A
Total Funding
$22.1M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 2 active competitors
Employee Count
160 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with CYCLE
CYCLE is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Henry Mobility GmbH CIN: HRB199767 , Germany, Active | Sep 13, 2018 | - | - | |
Cycle Mobility Holding GmbH CIN: HRB199767 , Germany, Active | Sep 13, 2018 | - | - |
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CYCLE's funding and investors
CYCLE has raised a total funding of $22.1M over 5 rounds. Its first funding round was on Jan 27, 2020. Its latest funding round was a Series A round on Jul 19, 2023 for $*****. 8 investors participated in its latest round. CYCLE has 12 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of CYCLE:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 19, 2023 | 2677987 | Series A | 7655941 | 8778557 | 3096134 | 6038422 |
May 10, 2022 | 8241777 | Conventional Debt | 6203009 | 3369852 | 9328771 | 9097478 |
May 10, 2022 | 8379613 | Seed | 4600922 | 8764640 |
View details of CYCLE's funding rounds and investors
CYCLE's founders and board of directors
Founder? Claim ProfileThe founders of CYCLE are Luis Orsini-Rosenberg and Nikodemus Seilern. Luis Orsini-Rosenberg is the CEO of CYCLE.
Here are the details of CYCLE's key team members:
- Luis Orsini-Rosenberg: Co-Founder & CEO of CYCLE and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Nikodemus Seilern: Former Co-Founder & CPO of CYCLE. They serve on the board of 1 company.
View details of CYCLE's Founder profiles and Board Members
CYCLE's employee count trend
CYCLE has 160 employees as of Apr 26. Here is CYCLE's employee count trend over the years:
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CYCLE's Competitors and alternates
Top competitors of CYCLE include eBike Abo. Here is the list of Top 10 competitors of CYCLE, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online vehicle subscription platform providing electric bicycles | $22.1M | 60/100 | ||
2nd | Online rental platform for subscription-based leasing of electric bicycles | - | - | 24/100 |
Looking for more details on CYCLE's competitors? Click here to see the top ones
CYCLE's Investments and acquisitions
CYCLE has acquired Ebike4Delivery. CYCLE has not made any investments as of now.Reports related to CYCLE
Here is the latest report on CYCLE's sector:
News related to CYCLE
Media has covered CYCLE for 1 event in last 1 year, It was about company updates.
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CYCLE Receives Grant from IBB and Berlin Partner for Economic and TechnologyCYCLE•May 06, 2024•CYCLE, IBB
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CYCLE's new e-bike receives the German Design Award - Pedelecs and e-bikesPedelec-Elektro-Fahrrad•Apr 17, 2024•CYCLE
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CYCLE receives $11.3 million in Series A financing roundled by Scania Growth CapitalEast Hill Equity•Aug 08, 2023•CYCLE, Scania, East Hill Equity
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Berlin-based CYCLE swifts €10.3 million in Series A to e-bike last mile logistics around EuropeEU-Startups•Jul 19, 2023•CYCLE, Scania, LocalGlobe, EnBW New Ventures and 5 others
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