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Econic One - About the company

Econic One is a series A company based in Eschborn (Germany), founded in 2014 by Vladimir Davchev and Galin Bonev. It operates as a Manufacturer of recreational electric bikes and bicycles. Econic One has raised $6.26M in funding. The company has 15 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Standert, Urwahn and Bionicon.

Company Details

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Email ID
*****@econicone.com
Phone Number
+359 **********
Key Metrics
Founded Year
2014
Location
Eschborn, Germany
Stage
Series A
Total Funding
$6.26M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
28 as on Jul 01, 2024
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Econic One's funding and investors

Econic One has raised a total funding of $6.26M over 1 round. Its latest funding round was a Series A round on Jul 05, 2022 for $*****. 2 investors participated in its latest round. Econic One has 7 institutional investors.

Here is the list of recent funding rounds of Econic One:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 05, 2022
1882784
Series A
3253525
4793880
1675130
9766274
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Econic One's founders and board of directors

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The founders of Econic One are Vladimir Davchev and Galin Bonev.
Here are the details of Econic One's key team members:

Econic One's employee count trend

Econic One has 28 employees as of Jul 24. Here is Econic One's employee count trend over the years:
Employee count trend for Econic One
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Econic One's Competitors and alternates

Top competitors of Econic One include Standert, Urwahn and Bionicon. Here is the list of Top 10 competitors of Econic One, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Econic One
Econic One
2014, Eschborn (Germany), Series A
Manufacturer of recreational electric bikes and bicycles
$6.26M
30/100
2nd
Logo for Standert
Standert
Berlin (Germany), Unfunded
Retailer of road, gravel, track, and adventure bicycles and accessories
-
-
20/100
3rd
Logo for Urwahn
Urwahn
2013, Magdeburg (Germany), Funding Raised
Brand of bicycles
-
20/100
4th
Logo for Bionicon
Bionicon
2002, Weiden (Germany), Acquired
Manufacturer of electric and non-electric mountain bikes
-
-
20/100
5th
Logo for Mowik
Mowik
2016, Oschersleben (Germany), Deadpooled
Provider of sporting goods
-
19/100
6th
Logo for BULLS Bikes
BULLS Bikes
Cologne (Germany), Unfunded
Manufacturer and retailer of bicycles and e-bikes, offering online and in-store services
-
-
18/100
7th
Logo for 8Bar Bikes
8Bar Bikes
Berlin (Germany), Unfunded
-
-
-
18/100
8th
Logo for Velocipedo
Velocipedo
Halle (Germany), Unfunded
Online market place of sports bicycle
-
-
18/100
9th
Logo for Urbike
Urbike
2010, Munich (Germany), Funding Raised
Brand of bicycles
-
17/100
10th
Logo for Rakete
Rakete
Germany, Unfunded
Provider of cloud-based software for managing digital advertising campaigns and workflows
-
-
16/100
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Econic One's Investments and acquisitions

Econic One has made no investments or acquisitions yet.

News related to Econic One

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