About Butchers & Bicycles
Butchers & Bicycles is a company based in Copenhagen (Denmark) founded in 2013.. Butchers & Bicycles has raised $1.5 million across 4 funding rounds from investors including North-East Family Office. The company has 11 employees as of November 30, 2024. Butchers & Bicycles offers products and services including Cargo Bikes and Accessories. Butchers & Bicycles operates in a competitive market with competitors including Bunch Bikes, among others.
- Headquarter Copenhagen, Denmark
- Employees 11 as on 30 Nov, 2024
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Butchers & Bicycles Aps
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Annual Revenue
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Net Profit
$1.56 K (USD)-97as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 4 rounds
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Latest Funding Round
$410.3 K (USD), Seed
Aug 13, 2021
- Investors
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Employee Count
11
as on Nov 30, 2024
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Products & Services of Butchers & Bicycles
Butchers & Bicycles offers a comprehensive portfolio of products and services, including Cargo Bikes and Accessories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Eco-friendly bikes for business deliveries and personal use.
Complementary items to enhance cargo bike functionality.
Funding Insights of Butchers & Bicycles
Butchers & Bicycles has successfully raised a total of $1.5M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $410.3 thousand completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $410,298
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First Round
First Round
(31 Mar 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Butchers & Bicycles | Valuation |
investors |
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| Oct, 2017 | Amount | Seed - Butchers & Bicycles | Valuation |
investors |
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| Mar, 2017 | Amount | Seed - Butchers & Bicycles | Valuation |
investors |
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| 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 Butchers & Bicycles
Butchers & Bicycles has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include North-East Family Office. 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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A family office is operated to preserve wealth across generations.
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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 Butchers & Bicycles
| 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 - Butchers Bicycles
| 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 |
Butchers & Bicycles Comparisons
Competitors of Butchers & Bicycles
Butchers & Bicycles 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 Bunch Bikes, 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 |
Sells electric cargo bikes designed for families, kids, and pets with added accessories.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Butchers & Bicycles
When was Butchers & Bicycles founded?
Butchers & Bicycles was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Butchers & Bicycles located?
Butchers & Bicycles is headquartered in Copenhagen, Denmark.
Is Butchers & Bicycles a funded company?
Butchers & Bicycles is a funded company, having raised a total of $1.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $99.4K, raised on Mar 31, 2015.
How many employees does Butchers & Bicycles have?
As of Nov 30, 2024, the latest employee count at Butchers & Bicycles is 11.
What does Butchers & Bicycles do?
Butchers Bicycles was established in 2013 in Copenhagen, Denmark, within the electric mobility sector. Various models of electric cargo trikes, such as the MK1-E Automatic, MK1-E Vario, and MK1-E Touring, are developed by the company. These incorporate features including a 500Wh battery for optimal charging and a range of colors. Operations focus on sustainable urban transport solutions, with leadership provided by Managing Director Jesper Gravlund Nielsen.
Who are the top competitors of Butchers & Bicycles?
Butchers & Bicycles's top competitors include Bunch Bikes.
What products or services does Butchers & Bicycles offer?
Butchers & Bicycles offers Cargo Bikes and Accessories.
Who are Butchers & Bicycles's investors?
Butchers & Bicycles has 1 investor. Key investors include North-East Family Office.
What is Butchers & Bicycles's valuation?
The valuation of Butchers & Bicycles is $2.01M as of Mar 2017.
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