U
Upway
Transportation · Gennevilliers, France · Founded 2019
Building Europe's leading marketplace for reconditioned e-bikes MoreLess
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.
Keywords: electric bikes, refurbished electronics, e-commerce, sustainable mobility, circular economy, B2C, marketplace, second-hand market, vehicle refurbishment, direct-to-consumer
Company overview
Upway company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2019
- Headquarters
- Gennevilliers, France
- Employees
- 300
- Open positions
- None listed
- Dealroom signal
- 92.2
Valuation & funding
Upway 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 | ↗ |
| SERIES AOther financing | Jun 2022 | $25M | $100M | Antoine Dupont · Karman Ventures · Juventus-sc · N’golo Kanté | ↗ |
| SEEDOther financing | Nov 2021 | $6M | $24M | Sequoia · Global Founders Capital | ↗ |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $10M | 0% | 300 |
| 2025 | $10M | 0% | 222 |
| 2024 | $10M | 0% | 148 |
| 2023 | $10M | +229% | 110 |
| 2022 | $3.1M | — | 50 |
Growth signals
Upway website traffic
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.
Comparisons
Upway compared with similar companies
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Talent graph
Upway's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Upway has talent and traffic
team presence
In the news
Latest news about Upway
Recent press, funding announcements, and product moves mentioning Upway — open to read from the original sources.
Market sentiment
What the market is saying about Upway
An AI-synthesized read of the highest-engagement posts about Upway on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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