About buycycle
buycycle is a Transportation, Automotive & Logistics company based in Munchen (Germany) founded in 2021 by Jonas Jager and Theodor Golditchuk. Used bicycles are traded on an online marketplace platform. buycycle has raised $24.82 million across 2 funding rounds from investors including Blossom Capital and Cherry Ventures. Its website buycycle.com draws about 1.3 million monthly visits. Its focus areas include Auto, Auto Retail & Aftersales, Dealership and Two-Wheelers. Its competitors include Deutsche Post Fleet, kickdown and Oldtimer-4You.
Company details
Buycycle was founded in 2021 in Munich, Germany, as an online marketplace in the cycling sector. Used road bikes, gravel bikes, and mountain bikes from various brands are bought and sold through the platform. Discounted prices are available, along with buyer protection and shipping services. Operations focus on facilitating secure transactions for users across Europe.
- Headquarters Munchen, Germany
- Founders Jonas Jager, Theodor Golditchuk
- SectorsTransportation, Automotive & Logistics
- Website category Sports · Cycling and Biking
- Website buycycle.com
- Social LinkedIn Facebook
- Total Equity Funding$24.82M (USD)
in 2 rounds
- Latest Funding Round$21.55M (USD), Series A
Feb 2024
- InvestorsBlossom Capital
& 1 more
Apps and channels of buycycle
buycycle publishes 1 mobile app with over 100K+ downloads.
Funding Insights of buycycle
buycycle has successfully raised a total of $24.82M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $21.55 million completed in February 2024. 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 $24.82M
- Total Rounds 2
- Last Round Series A — $21.55M
- First Round $3.27M
(Jul 2023)
- Investors Count 2
All 2 funding rounds of buycycle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $21.55M | Series A | – | Blossom Capital | – |
| Jul 2023 | $3.27M | Seed | – | Cherry Ventures | – |
2 investors in total: 2 institutional.
Investors in buycycle
buycycle has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Blossom Capital and Cherry Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made by Blossom Capital in technology sectors. | blossomcap.com | London, United Kingdom | ||
Provider of early-stage venture capital funding for European technology companies | cherry.vc | Berlin, Germany |
Investor details for buycycle
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People of buycycle
2 people are tracked at buycycle (2 in leadership).
| Name | Role | Group |
|---|---|---|
Jonas Jager | Co-Founder | Leadership |
Theodor Golditchuk | Co-Founder | Leadership |
Complete people profiles for buycycle
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Timeline of buycycle
3 dated milestones of buycycle across 3 years, from founding to its latest funding, stage changes and deals.
- Founded buycycle is founded.
- Funding First funding round of $3.3M.
- Funding Latest funding round, Series A, of $21.6M.
Competitors of buycycle
buycycle has 3 listed competitors in our database. They include Deutsche Post Fleet, kickdown and Oldtimer-4You.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dpfleet.de | 2004 | Koblenz, Germany | Pre-owned postal vehicles are refurbished and auctioned online. | |||
| kickdown.com | 2020 | Hamburg, Germany | Second-hand vehicles are bought and sold via an online marketplace. | |||
| oldtimer-4you.de | 2009 | Magstadt, Germany | Marketplace for oldtimers, classifieds, rentals, and automotive events. |
Detailed competitors of buycycle
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Web traffic of buycycle
The website of buycycle (buycycle.com) receives about 1.3M visits a month and ranks #36,543 among all websites worldwide, #1,155 in Cycling and Biking.
- Monthly visits1.3M
▲ 11.1% vs previous month
- Unique visitors434.3K
per month
- Global rank#36,543
among all websites
- Category rank#1,155
Sports · Cycling and Biking
- Bounce rate36%
- Pages per visit5.5
- Average visit4 min 11 sec
- DevicesDesktop 54% · Mobile 46%
Websites whose visitors overlap most with buycycle. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| canyon.com | 100% | 3.6M | #14,323 | View details | |
bikeflip.com | bikeflip.com | 88% | #203,665 | – | |
| bike-room.com | 84% | 247.1K | #154,348 | View details | |
| specialized.com | 82% | #14,111 | View details | ||
| rebike.com | 80% | 194.4K | #203,887 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for buycycle
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Related news about Buycycle
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Frequently Asked Questions about buycycle
buycycle was founded in 2021 and raised its 1st funding round 2 years after it was founded.
buycycle is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
buycycle is a funded company, having raised a total of $24.82M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.27M, raised on Jul 2023.
Buycycle was founded in 2021 in Munich, Germany, as an online marketplace in the cycling sector. Used road bikes, gravel bikes, and mountain bikes from various brands are bought and sold through the platform. Discounted prices are available, along with buyer protection and shipping services. Operations focus on facilitating secure transactions for users across Europe.
buycycle's top competitors include Deutsche Post Fleet, kickdown and Oldtimer-4You.
buycycle has 2 investors. Key investors include Blossom Capital, and Cherry Ventures.
Yes. buycycle publishes buycycle: buy & sell bikes, with over 100,000 downloads.
The website of buycycle receives about 1.3 million visits a month and ranks #36,543 among all websites worldwide.