U
Upway
Building Europe's leading marketplace for reconditioned e-bikes
About Upway
Upway is a French startup that operates as a marketplace for second-hand electric bikes. The company, founded in 2021, has established a business model where it acquires used e-bikes, refurbishes them to a high standard in its own warehouses, and then resells them to consumers with a one-year warranty.
Upway's value proposition is to provide a trustworthy and affordable alternative to buying new electric bikes, with savings of up to 60%. The company controls the entire supply chain, from procurement to refurbishment and delivery, ensuring the quality of its products. This approach aims to build trust in the second-hand e-bike market, which has traditionally been fragmented and lacked quality assurance.
The company operates on a B2C model and has expanded its services across Europe and into the United States. Upway's target market includes individuals looking for a cost-effective and sustainable mobility solution. The company generates revenue through the sale of these refurbished e-bikes.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Gennevilliers, France
- Employees
- 300
- Open positions
- None listed
- Dealroom signal
- 92.2/100
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation, E-Bike, Micromobility, Sustainable Development Goals, Urban Tech, Refurbished, Climate Tech, Electric Mobility, EV Services, Circular Economy, Hard Tech, radar de l'innovation
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Nov 2025 | $60M | $400M | Korelya Capital · Origins · A.P. Moller Holding · Sequoia | ↗ |
| SERIES BOther financing | Nov 2023 | $30M | $120M | Sequoia · Korelya Capital · Exor Ventures · European Climate Foundation | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Upway is 490K monthly website visits, up 4.3% over the last three months. Upway's team grew 35.1% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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.
Seed2 investors entered at this stage
Series A11 investors entered at this stage
- ADAntoine Dupont
Karman Ventures- JUJuventus-sc
- NKN’golo Kanté
Henri Moissinac- OGOlivier Giroud
Exor Ventures
Stellantis- BMBlaise Matuidi
Korelya Capital
European Climate Foundation
Series B and later5 investors entered at this stage
A.P. Moller Holding
Origins
Galvanize Climate Solutions
Transition
Ora Global
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Upway 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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