Canyon Bicycles

Koblenz, Germany Founded: 1996 • Age: 30 yrs Acquired By GBL
High-performance bicycles are designed and manufactured for various riding disciplines.

About Canyon Bicycles

Canyon Bicycles is a company based in Koblenz (Germany) founded in 1996, and was acquired by GBL in December 2020. High-performance bicycles are designed and manufactured for various riding disciplines. Canyon Bicycles has raised $30 million across 2 funding rounds from investors including HyperIce, LRMR Ventures and SC Holdings. The company has 45 employees. Its chief executive, as recorded, is Lothar Arnold. Its website canyon.com draws about 3.6 million monthly visits. Canyon Bicycles offers products and services including Bicycles and Accessories. Its legal entity is Canyon Bicycles GmbH.

Company details

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.

  • Headquarters Koblenz, Germany
  • Employees 45
  • Stage Acquired
  • Website category Sports · Cycling and Biking
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website canyon.com
  • Social LinkedIn X
  • Acquired by GBL (Dec 2020)
  • Legal Name Canyon Bicycles Gmbh
Key Metrics
  • Total Equity Funding
    $30M (USD)

    in 2 rounds

  • Latest Funding Round
    $30M (USD), Series B

    Jun 2022

  • Investors
    HyperIce

    & 7 more

  • Employee Count
    45
  • Acquired by
    GBL

    (Dec 2020)

Products & Services of Canyon Bicycles

Canyon Bicycles offers a comprehensive portfolio of products and services, including Bicycles and Accessories.

Bicycles
Sports Equipment

Bicycles are manufactured and distributed for recreational and professional uses across global markets

Accessories
Cycling Gear

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 $30M
  • Total Rounds 2
  • Last Round Series B β€” $30M
  • Investors Count 7

All 2 funding rounds of Canyon Bicycles with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2022$30MSeries B–LeBron James
Jun 2016Private Equity Round––
Valuation history

8 investors in total: 6 institutional and 2 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
A private equity and strategic advisory firm is operated.
sc.holdingsNew York, United States
Consumer-focused investing in various sectors including Food and Beverage and Health and Wellness.
tsgconsumer.com
Limited information is provided about LRMR Ventures' activities.
lrmrventures.com
Internet first brand offering smart devices for physical fitness
2011hyperice.comIrvine, United States
AG1 is recognized for providing nutritional health drinks.
2010athleticgreens.comUnited States
GBL is established as an investment holding company in Europe.
gbl.beBrussels, Belgium

LeBron James

unknown_792eccdc5c364e67a

Maverick Carter

unknown_9f285b5cf0d64c899
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Investor details for Canyon Bicycles

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  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Canyon Bicycles

1 people are tracked at Canyon Bicycles (1 in leadership); the tracked headcount is 45.

NameRoleGroup
Lothar Arnold
CEOLeadership
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Timeline of Canyon Bicycles

4 dated milestones of Canyon Bicycles across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Canyon Bicycles is founded.
  2. Funding First funding round.
  3. Exit Acquired by GBL.
  4. Funding Latest funding round, Series B, of $30.0M.

Web traffic of Canyon Bicycles

The website of Canyon Bicycles (canyon.com) receives about 3.6M visits a month and ranks #14,323 among all websites worldwide, #454 in Cycling and Biking.

  • Monthly visits
    3.6M

    ▲ 11.6% vs previous month

  • Unique visitors
    1.2M

    per month

  • Global rank
    #14,323

    among all websites

  • Category rank
    #454

    Sports · Cycling and Biking

Similar websites

Websites whose visitors overlap most with Canyon Bicycles. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
specialized.com
100%
#14,111View details
trekbikes.com
79%
#12,536View details
buycycle.com
78%
1.3M#36,543View details
mtb-news.de
71%
2M#30,409View details
cannondale.com
70%
812.1K#60,909View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Canyon Bicycles

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Frequently Asked Questions about Canyon Bicycles

Canyon Bicycles was founded in 1996 and raised its 1st funding round 20 years after it was founded.

Canyon Bicycles is headquartered in Koblenz, Germany. It is registered at Koblenz, Rheinland-pfalz, Germany.

Lothar Arnold is the CEO of Canyon Bicycles, as recorded in our data.

Canyon Bicycles is a funded company, having raised a total of $30M across 2 funding rounds to date.

Canyon Bicycles has 45 employees.

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.

Canyon Bicycles offers Bicycles and Accessories.

Canyon Bicycles has 8 investors. Key investors include HyperIce, LRMR Ventures, SC Holdings, AG1, and LeBron James.

Canyon Bicycles operates through Canyon Bicycles Gmbh.

Yes. Canyon Bicycles was acquired by GBL in December 2020.

The website of Canyon Bicycles receives about 3.6 million visits a month and ranks #14,323 among all websites worldwide.

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