When was Urtopia founded?

Urtopia was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Urtopia located?

Urtopia is headquartered in Wan Chai, China.

Who is the current CEO of Urtopia?

Owen Zhang of Urtopia. They have also founded 1 company.

How many employees does Urtopia have?

As of Jul 01, 2024, the latest employee count at Urtopia is 7.

Is Urtopia a funded company?

Urtopia is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 18, 2022.

When was the latest funding round of Urtopia?

Urtopia's latest funding was a $***** Series A round on Jul 01, 2024, with participation from 2 investors.

Where does Urtopia rank among its competitors?

Urtopia ranks 1st amongst 307 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Rebike, which secured $14M in Oct, 2024.

Who are the top competitors of Urtopia?

Urtopia's top competitors include Rebike, Xtracycle and Pedego Electric Bike. Among them, Rebike secured the most recent funding round in October, 2024.

Urtopia - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online retailer of electric bikes, components, and related accessories. The business provides various electric bike models, including lightweight, commuter, cruiser, and folding options. It also offers carbon fiber models, smart e-bikes, and utility cargo e-bikes. The business provides warranties, returns, and financing options.

Website: newurtopia.com
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Email ID: *****@newurtopia.com

Key Metrics

Founded Year

2021

Location

Wan Chai, China

Stage

Series A

Total Funding

$10M in 2 rounds

Latest Funding Round

Series A, Jul 01, 2024, $*****

Investors

DCM Ventures & 2 more

Ranked

1^st among 307 active competitors

Employee Count

7 as on Jul 01, 2024

Similar Companies

Rebike & 406 more

View Urtopia's full profile

Urtopia has raised a total funding of $10M over 2 rounds. Its first funding round was on Feb 18, 2022. Its latest funding round was a Series A round on Jul 01, 2024 for $*****. 2 investors participated in its latest round. Urtopia has 3 institutional investors.

Here is the list of recent funding rounds of Urtopia:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2024	1917385	Series A	5246513	7330674	8942555	4962724
Feb 18, 2022	1564643	Seed	2796210	2925133	DCM Ventures & 1 more	9815635

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View details of Urtopia's funding rounds and investors

The founders of Urtopia is Owen Zhang. Owen Zhang is the CEO of Urtopia.

Here are the details of Urtopia's key team members:

Owen Zhang: Founder & CEO of Urtopia.

View details of Urtopia's Founder profiles and Board Members

Urtopia's employee count trend

Urtopia has 7 employees as of Jul 24. Here is Urtopia's employee count trend over the years:

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Top competitors of Urtopia include Rebike, Xtracycle and Pedego Electric Bike. Here is the list of Top 10 competitors of Urtopia, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Urtopia 2021, Wan Chai (China), Series A	Online retailer of electric bikes, components, and related accessories	$10M	Luminous Ventures, DCM Ventures & 1 others	56/100
2nd	Rebike 2018, Munich (Germany), Series D	Online marketplace for pre-used e-bikes	$46.6M	STS Ventures, Vorwerk Ventures & 23 others	50/100
3rd	Xtracycle 1998, Mill Valley (United States), Unfunded	Retailer of electric cargo bikes and related passenger and cargo accessories	-	-	46/100
4th	Pedego Electric Bike 2007, Irvine (United States), Acquired	Manufacturer of electric bikes and related accessories for recreational use	-	-	42/100
5th	Heybike 2021, United States, Unfunded	Online retailer of electric bikes, components, and related accessories	-	-	41/100
6th	Rutland Cycling 1981, Hitchin (United Kingdom), Acquired	Bicycle and associated parts and accessories retailer	$4.66M	BGF	36/100
7th	ONYX Motors 2011, Marina Del Rey (United States), Unfunded	Online retailer of electric bicycles	-	-	32/100
8th	Ezykle 2023, Hyderabad (India), Unfunded	Retailer of electric bicycles for urban commuting and off-road adventures	-	-	30/100
9th	m-way 2010, Zurich (Switzerland), Unfunded	E-commerce platform offering e-bikes and accessories	-	-	30/100
10th	Citizenbike 2005, Hollywood (United States), Unfunded	Manufacturer of foldable and electric bicycles, and related accessories	-	-	29/100