Gleam Technologies
Latest round
- Seed
Last raised
- Mar 2021
Total raised
- $0.1M
Investors
- 1
About Gleam Technologies
Founded in 2013 in Austria, Gleam Technologies GmbH focuses on producing electric bicycles. The company has undergone no significant pivots since its inception. The founders, Mohammad Faisal, Mohammed Faisal, and Stefan Berger, have been involved in previous ventures.Gleam Bikes specializes in the design and manufacture of high-performance electric bicycles, catering to urban commuters and cycling enthusiasts seeking sustainable transportation solutions. Their core product offerings include a range of electric bike models, featuring advanced battery technology and smart connectivity that enables riders to monitor performance metrics through a mobile app. These bicycles are engineered to address the challenges of urban mobility, providing efficient, eco-friendly alternatives to traditional vehicles. The company targets a diverse customer base that includes individual consumers, rental services, and corporate clients in markets such as North America, Europe, and select regions in Asia.Gleam Bikes generates revenue primarily through direct-to-consumer sales and partnerships with retailers, enabling the distribution of their electric bicycles across various channels. The transaction structure includes one-time purchases of their flagship e-bike models, along with potential subscription services for maintenance and upgrades, providing customers with ongoing support. Pricing plans are structured to accommodate different customer segments, ensuring accessibility while reflecting the premium nature of their products. The company emphasizes customer satisfaction and engagement through its service offerings, fostering loyalty among its clientele.In 2022, Gleam Technologies GmbH plans to continue expanding its product line by introducing new electric bicycle models designed for specific urban environments. The company seeks to enter additional markets in Europe and Asia by 2023.080 mn will be utilized to support product development and market expansion efforts.
Who invested in Gleam Technologies
1 investor across 1 round
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Funding rounds
Seed
Mar 12, 2021
Amount
$0.1M
Investors
Questions about Gleam Technologies
Who invested in Gleam Technologies?
Gleam Technologies has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Gleam Technologies raised?
Gleam Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Gleam Technologies last raise money?
Gleam Technologies's most recent round on record is a Seed, in Mar 2021.
What does Gleam Technologies do?
Founded in 2013 in Austria, Gleam Technologies GmbH focuses on producing electric bicycles.
Where is Gleam Technologies headquartered?
Gleam Technologies is headquartered in Austria.
Which VCs invest in companies like Gleam Technologies?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back transportation services companies at Gleam Technologies's stage. Their profiles are linked below.
VCs backing transportation services startups at Seed
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