About Canyon Bicycles
Canyon Bicycles is a company based in Koblenz (Germany) founded in 1996 was acquired by GBL in December 2020.. Canyon Bicycles has raised $30 million across 2 funding rounds from investors including HyperIce, LRMR Ventures and SC Holdings. The company has 45 employees as of December 31, 2022. Canyon Bicycles offers products and services including Bicycles and Accessories.
- Headquarter Koblenz, Germany
- Employees 45 as on 31 Dec, 2022
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- Legal Name Canyon Bicycles Gmbh
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Products & Services of Canyon Bicycles
Canyon Bicycles offers a comprehensive portfolio of products and services, including Bicycles 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.
Bicycles are manufactured and distributed for recreational and professional uses across global markets
Accessories are provided to support cycling activities, including items that are made available through various regional channels
Funding Insights of Canyon Bicycles
Canyon Bicycles has successfully raised a total of $30M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in June 2022. 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 2
- Last Round Series B — $30.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Series B - Canyon Bicycles | Valuation | LeBron James | |
| Jun, 2016 | Amount | Private Equity Round - Canyon Bicycles | Valuation |
investors |
| 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 Canyon Bicycles
Canyon Bicycles has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include HyperIce, LRMR Ventures and SC Holdings. 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 private equity and strategic advisory firm is operated.
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Founded Year | Domain | Location | |
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Consumer-focused investing in various sectors including Food and Beverage and Health and Wellness.
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Founded Year | Domain | Location | |
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Limited information is provided about LRMR Ventures' activities.
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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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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 Canyon 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 - Canyon Bicycles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Canyon Bicycles Comparisons
Competitors of Canyon Bicycles
| 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 Canyon Bicycles
When was Canyon Bicycles founded?
Canyon Bicycles was founded in 1996 and raised its 1st funding round 20 years after it was founded.
Where is Canyon Bicycles located?
Canyon Bicycles is headquartered in Koblenz, Germany. It is registered at Koblenz, Rheinland-pfalz, Germany.
Who is the current CEO of Canyon Bicycles?
Lothar Arnold is the current CEO of Canyon Bicycles.
Is Canyon Bicycles a funded company?
Canyon Bicycles is a funded company, having raised a total of $30M across 2 funding rounds to date.
How many employees does Canyon Bicycles have?
As of Dec 31, 2022, the latest employee count at Canyon Bicycles is 45.
What does Canyon Bicycles do?
Canyon Bicycles was founded in 1996 in Koblenz, Germany, and operates within the bicycle manufacturing sector. Lightweight and durable bicycles are produced using premium materials and advanced technology. Models are created to suit different rider preferences and needs across multiple disciplines. Emphasis is placed on quality control throughout the manufacturing process. Offerings are distributed through the companys domain, canyon.com.
What products or services does Canyon Bicycles offer?
Canyon Bicycles offers Bicycles and Accessories.
Who are Canyon Bicycles's investors?
Canyon Bicycles has 8 investors. Key investors include HyperIce, LRMR Ventures, SC Holdings, AG1, and LeBron James.