LYCLE
Latest round
- Seed
Last raised
- Dec 2019
Total raised
- $0.1M
Investors
- 2
About LYCLE
LYCLE, founded in 2018 and headquartered in Seoul, South Korea, specializes in providing an innovative platform for bicycle shopping.LYCLE primarily offers a comprehensive platform for bicycle shopping, enabling users to efficiently search for bicycles based on various criteria, including location and specifications. The product range includes electric bicycles, delivery kits, and accessories such as delivery racks and bags.LYCLE generates revenue through direct sales of bicycles and associated equipment, focusing on customer needs in the bicycle market. The firm operates a B2C model, allowing consumers to purchase directly through their platform while also exploring partnerships with local retailers and delivery services. The company is expected to launch new products designed to meet the growing demand for efficient and eco-friendly transportation solutions in these markets. LYCLE's strategy aims to solidify its presence in urban regions, with specific plans for geographic expansion yet to be detailed.
Who invested in LYCLE
2 investors across 2 rounds
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Questions about LYCLE
Who invested in LYCLE?
LYCLE has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has LYCLE raised?
LYCLE has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did LYCLE last raise money?
LYCLE's most recent round on record is a Seed, in Dec 2019.
What does LYCLE do?
LYCLE, founded in 2018 and headquartered in Seoul, South Korea, specializes in providing an innovative platform for bicycle shopping.
Where is LYCLE headquartered?
LYCLE is headquartered in Seoul, South Korea.
Which VCs invest in companies like LYCLE?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back internet companies at LYCLE's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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