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Cowboy

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Connected electric bikes for modern urban mobility

City of Brussels, BelgiumFounded 2017Transportation
Valuation $25–50M Last recorded · 2024
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
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About Cowboy

Cowboy is a Belgian company that designs and sells connected electric bikes for urban commuters. Founded in 2017 by Adrien Roose, Karim Slaoui, and Tanguy Goretti, the Brussels-based startup aims to make e-bikes a mainstream mode of transport by addressing common barriers such as high cost, poor design, and outdated technology. The founders brought experience from previous tech startups, including Take Eat Easy and Djump, to the urban mobility market. Co-founder Karim Slaoui, a gifted engineer with a Ph.D. in applied mathematics, was instrumental in the company's hardware development before he passed away in 2023.

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The company operates on a direct-to-consumer model, selling its e-bikes primarily through its website, which allows for greater control over branding and profit margins. This is supplemented by a network of test ride locations and service centers. Cowboy's business strategy also includes recurring revenue through subscription services like 'Cowboy Care' for maintenance and repairs, as well as insurance and sales of accessories. After initially focusing on a direct sales model, the company later expanded to sell through retail stores to navigate market challenges. The company has faced significant financial difficulties, including a period of bankruptcy in 2023, but has secured new financing to continue operations.

Cowboy's e-bikes are known for their minimalist, award-winning design, lightweight frame, and integrated technology. Key features include a removable battery, a low-maintenance carbon belt drive, and integrated front and rear lights. The bikes are connected via a mobile app that provides features such as a secure key, GPS tracking for theft protection, live ride statistics, and route navigation. A standout technology is AdaptivePower™, which senses environmental factors like inclines and wind, automatically adjusting the motor's power output to provide a smooth riding experience. The product line includes various models like the Classic, Cruiser, and Cross, with options for step-over and step-through frames and features like front suspension on certain models. In 2022, Cowboy became the first e-bike manufacturer to achieve B Corp certification, meeting high standards for social and environmental performance, accountability, and transparency.

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
City of Brussels, Belgium
Sector
Transportation
Power Law
Colt$25–100M revenue

Latest news

Press, funding announcements and product moves mentioning Cowboy.

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Investors

19 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

Series A4 investors entered at this stage

Series B and later7 investors entered at this stage

Employees mapped 246 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
12 countries with
team presence
🇧🇪 Belgium44.4%
🇳🇱 Netherlands15.2%
🇫🇷 France14.1%
🇩🇪 Germany9.1%
🇬🇧 United Kingdom7.1%
Top 5 of 12 shown
Web traffic by country
190K monthly visits
across markets
🇳🇱 Netherlands23%
🇩🇪 Germany17.1%
🇬🇧 United Kingdom6.7%
🇫🇷 France6.3%
🇺🇸 United States5.4%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cowboy on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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