C
CYCLE
Changes last mile delivery and thereby shape the future of e-mobility – and reduce traffic-related CO2-emissions along the way
About CYCLE
An e-bike subscription service for urban transportation, operating in over 85 cities across Austria, Germany, and Italy. The company offers a range of electric vehicles, including the CYCLE One, 20FIFTY, and RadRunner, with a focus on providing sustainable and efficient mobility solutions for delivery services and couriers.
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CYCLE's business model is centered around a flexible subscription service that includes maintenance, repairs, and theft insurance, eliminating the need for large upfront investments. The company partners with businesses like Foodora to power their delivery fleets with e-bikes. In addition to subscriptions, CYCLE also offers the option to buy or lease their vehicles, with customization options available to suit specific needs, such as heavy-cargo transportation.
At a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Berlin, Germany
- Employees
- 168
- Open positions
- None listed
- Dealroom signal
- 83.1/100
- Sub-industry
- Search, Buy & Rent, Logistics & Delivery
- Sector
- Transportation, E-Bike, Micromobility, Sustainable Development Goals, Last-Mile Delivery, Urban Tech, Climate Tech, Electric Mobility
- Technology
- Hardware, IoT InternetOfThings
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
- Investment activity
- 1 company, latest Jul 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jul 2023 | $11M | $45M | Founder Collective · Third Sphere · LocalGlobe · Scania Growth Capital | ↗ |
| DEBT✓Debt | May 2022 | $7.2M | — | Third Sphere · GreenPoint Partners · LocalGlobe · Fredrik Hjelm | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for CYCLE is 38K monthly website visits, up 22.6% over the last three months. CYCLE's team grew 13.5% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
 eBikeLabsIntelligent software for e-bike industry |
Grenoble, France | Operational | 26 | $2M | $5.5M |
 SwobbeeMicromobility battery swapping and charging station network |
Berlin, Germany | Operational | |||
 AvocargoShared electric cargo bikes for urban mobility |
Berlin, Germany | Operational | |||
 BAQMEApp-based sharing platform for electric cargo bikes |
Amsterdam, Netherlands | Operational | |||
 INCITISElectric trucks for zero-emission urban logistics |
Lyon, France | Operational | |||
 PodbikePodbike FRIKAR: the next generation of e-bike |
Stavanger, Norway | Operational | |||
 FelyxA fast, convenient, and sustainable way to move through the city |
Amsterdam, Netherlands | Acquired | |||
 coModuleGlobal leader in bicycle & scooter connectivity |
Tallinn, Estonia | Operational |
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
APX-ENDEX
Techstars
InnoEnergy
Series A3 investors entered at this stage
Scania Growth Capital
SpeedUp Venture Capital Group
APX Ventures
Series B and later10 investors entered at this stage
Third Sphere
GreenPoint Partners
LocalGlobe
Fredrik Hjelm
Roger Hassan
SpeedUp Group
EnBW NewVentures
Founder Collective
Jan Dzulko
Visionaries
Other known investors4 additional known investors
Crispin Leick
East Hill Equity- MOMartin Olczyk
- SISpeedUp Energy Innovation
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about CYCLE 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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