Where is Cycles located?

Cycles is headquartered in Lagos, Nigeria.

Who is the current CEO of Cycles?

Oluwadamilola Soladoye of Cycles. They have also founded 1 company.

How many employees does Cycles have?

As of Apr 30, 2026, the latest employee count at Cycles is 15.

Is Cycles a funded company?

Cycles is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Cycles rank among its competitors?

Cycles ranks 4th amongst 5 active competitors, only 1 of which is funded. nextbike, which secured $98.1K in Jan, 2020.

Who are the top competitors of Cycles?

Cycles' top competitors include nextbike, VAIMOO and AWA Bike. Among them, nextbike secured the most recent funding round in January, 2020.

Cycles - 2026 Company Profile, Team & Competitors

Company Details

Cycles provides end-to-end integrated bike sharing solutions for universities, enterprises, and cities to implement & manage bike sharing programs. Offers a custom-branded consumer-facing app (for consumers to search, locate & book services ), cycle fleets, management software (to monitor, track & manage cycle fleets), and support services to improve ridership/revenue.

Website: cycles.com.ng
Social
Email ID: *****@cycles.com.ng
Phone Number: +234 **********, +234 **********

Key Metrics

Founded Year

2016

Location

Lagos, Nigeria

Stage

Funding Raised

Ranked

4^th among 5 active competitors

Employee Count

15 as on Apr 30, 2026

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View Cycles' full profile

Cycles is a funded company. Cycles has 1 institutional investor.

The founders of Cycles is Oluwadamilola Soladoye. Oluwadamilola Soladoye is the CEO of Cycles.

Here are the details of Cycles' key team members:

Oluwadamilola Soladoye: Co-Founder & CEO of Cycles.

View details of Cycles's Founder profiles and Board Members

Cycles' employee count trend

Cycles has 15 employees as of Apr 26. Here is Cycles's employee count trend over the years:

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Top competitors of Cycles include nextbike, VAIMOO and AWA Bike. Here is the list of Top 10 competitors of Cycles, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	nextbike 2004, Leipzig (Germany), Acquired	Operator of bike-sharing programs providing bicycles, e-bikes, and cargo bikes	-	Co-Investor, Europa & 6 others	67/100
2nd	VAIMOO 2019, Mola di Bari (Italy), Funding Raised	Saas-enabled platform offering end-to-end solution for micromobility	-	Angelo Investments	40/100
3rd	AWA Bike 2017, Lagos (Nigeria), Seed	App-based platform for bicycle sharing services	-	Oui Capital, Ingressive Capital & 1 others	31/100
4th	Cycles 2016, Lagos (Nigeria), Funding Raised	Bike sharing solutions for universities, enterprises and cities	-	-	25/100
5th	Maanar 2018, Lagos (Nigeria), Unfunded	App-based bicycle-sharing platform	-	-	24/100