About Bike24
Bike24 is a company based in Dresden (Germany) founded in 2002 was acquired by Riverside in September 2019.. The company has 264 employees as of December 31, 2020. Bike24 operates in a competitive market with competitors including Internetstores, Fahrrad, Bad and Bold, DeWheel and Bike-Discount, among others.
- Headquarter Dresden, Germany
- Employees 264 as on 31 Dec, 2020
- Stage Public
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bike24 Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Chain Reaction Cycles
& 2 more
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Employee Count
264
as on Dec 31, 2020
- Acquired by
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Funding Insights of Bike24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bike24
Bike24 has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Chain Reaction Cycles, Wiggle and The Riverside Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and debt are provided to middle market companies.
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Founded Year | Domain | Location | |
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Bicycles, parts, and accessories are retailed online by the company.
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Founded Year | Domain | Location | |
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Sports cycles, running, swimming, and outdoor goods are retailed online.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bike24
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bike24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bike24 Comparisons
Competitors of Bike24
Bike24 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Internetstores, Fahrrad, Bad and Bold, DeWheel and Bike-Discount, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Biking and outdoor products are retailed online by Internetstores.
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| domain | founded_year | HQ Location |
Online retailer of bicycles, e-bikes, accessories, and cycling apparel.
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| domain | founded_year | HQ Location |
Manages an e-commerce store for biker fashion wear and accessories.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in cycling products and equipment.
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| domain | founded_year | HQ Location |
Retails bikes, streetwear, running gear, and outdoor products.
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| domain | founded_year | HQ Location |
Operates an online retail platform specializing in cycling apparel and accessories.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bike24
Frequently Asked Questions about Bike24
When was Bike24 founded?
Bike24 was founded in 2002.
Where is Bike24 located?
Bike24 is headquartered in Dresden, Germany. It is registered at Dresden, Saxony, Germany.
How many employees does Bike24 have?
As of Dec 31, 2020, the latest employee count at Bike24 is 264.
What does Bike24 do?
Bike24 was founded in 2002 in Dresden, Germany, as an e-commerce platform in the sporting goods sector. Bicycle parts, road and mountain bikes, trekking models, apparel, and footwear are distributed to customers in Europe and globally. Consultation services and repairs are available at a physical store, while additional items like towing accessories were added through the 2015 acquisition of Rameder. Approximately 50,000 products from over 600 brands are featured.
Who are the top competitors of Bike24?
Bike24's top competitors include Internetstores, Fahrrad and Bad and Bold.
Who are Bike24's investors?
Bike24 has 3 investors. Key investors include Chain Reaction Cycles, Wiggle, and The Riverside Company.