About Cannondale
Cannondale is a company based in Wilton (United States) founded in 1971 by Murdock MacGregor and Joseph Montgomery was acquired by Pon in October 2021.. Cannondale has completed 1 acquisition, including Sugoi.
- Headquarter Wilton, United States
- Founders Murdock MacGregor, Joseph Montgomery
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cycling Sports Group, Inc
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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
Dorel Industries
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Software Development Team
27 people
Creative and Marketing Team
16 people
Sales and Marketing
12 people
Product Management Team
10 people
Leadership Team
6 people
Human Resources and Administration
5 people
Finance and Accounting
4 people
Senior Team
4 people
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Funding Insights of Cannondale
| 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 Cannondale
Cannondale has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Dorel Industries and Pon. 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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Provider of trading and car service
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Founded Year | Domain | Location | |
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Juvenile products and home furnishings are designed and manufactured.
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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 Cannondale
Cannondale has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sugoi. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Designer and manufacturer of performance apparel for cycling, running, and triathlon
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cannondale
| 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 |
Cannondale Comparisons
Competitors of Cannondale
| 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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Frequently Asked Questions about Cannondale
When was Cannondale founded?
Cannondale was founded in 1971.
Where is Cannondale located?
Cannondale is headquartered in Wilton, United States.
Who is the current CEO of Cannondale?
Peter Woods is the current CEO of Cannondale.
What does Cannondale do?
Cannondale was founded in 1971 and is headquartered in Wilton, United States. Bicycles are manufactured and supplied by the company within the cycling industry, encompassing categories such as road, mountain, active, electric, and kids. Biking equipment, gears, and accessories are also provided. Operations focus on production and distribution for domestic and international markets, supporting recreational and performance cycling needs.
How many acquisitions has Cannondale made?
Cannondale has made 1 acquisition, including Sugoi.
Who are Cannondale's investors?
Cannondale has 2 investors. Key investors include Dorel Industries, and Pon.
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