Cycle

Consumer ServicesSeries ABerlin, Germanycycle.eco

Latest round

Series A

Last raised

Jun 2023

Total raised

$22M

Investors

14

About Cycle

Based in Berlin, Germany, and co-founded by Luis Orsini-Rosenberg (CEO) and Nikodemus Seilern in 2018, Cycle Mobility Holding GmbH operates as a transport service company. As of August 2023, the firm is operational in Germany, Austria, Italy, and Poland. The company offers a range of e-mobility solutions for businesses, couriers, and private use. Cycle offers E-Bike and Cargo Bike subscriptions in over 50 cities across Europe. The firm through its monthly subscriptions for Delivery E-Bikes provides businesses with fast, affordable, and emission-free transportation solutions like Cycle One, a 7-speed E-Bike with up to 80 km range and 6 hrs charging time, RedRunner, an extra-wide tires bike with a maximum speed of 25 km per hr. The company’s courier service bikes also include CYCLE One, and Red Runner, suitable for quick commerce, food delivery, corporate mobility, and post and parcels. Cycle also offers fleet management software for GPS tracking and smart locks, theft, and accident insurance, as well as provides accessories like boxes, additional batteries, trailers, etc. Additionally, individuals can also rent the company’s e-bike including personalized family kit and maintenance services for a monthly fee.  The company generates its revenue by offering its full-service e-bike solutions on a monthly subscription basis such as the RadWagon bike starting with GBP 89 per month.

Who invested in Cycle

14 investors across 6 rounds

See all investors in Cycle

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Funding rounds

  1. Series A

    Jun 20, 2023

    Amount

    $11M

    Investors

    Locked

  2. Seed

    May 11, 2022

    Amount

    $10M

    Investors

    Locked

  3. Seed

    Aug 25, 2021

    Amount

    Undisclosed

    Investors

    Locked

  4. Seed

    Jul 6, 2021

    Amount

    Undisclosed

    Investors

    Locked

  5. Seed

    Dec 11, 2020

    Amount

    Undisclosed

    Investors

    Locked

  6. Seed

    Nov 1, 2020

    Amount

    $0.7M

    Investors

    Locked

Questions about Cycle

Who invested in Cycle?

Cycle has 14 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cycle raised?

Cycle has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Cycle last raise money?

Cycle's most recent round on record is a Series A, in Jun 2023.

What does Cycle do?

Based in Berlin, Germany, and co-founded by Luis Orsini-Rosenberg (CEO) and Nikodemus Seilern in 2018, Cycle Mobility Holding GmbH operates as a transport service company.

Where is Cycle headquartered?

Cycle is headquartered in Berlin, Germany.

Which VCs invest in companies like Cycle?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back consumer services companies at Cycle's stage. Their profiles are linked below.

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