Canyon Bicycles

Koblenz, Germany Founded: 1996 • Age: 30 yrs Acquired By GBL
High-performance bicycles are designed and manufactured for various riding disciplines.
Annual revenue - Latest available
Total funding $30.0M 2 rounds
Employees 45 Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Canyon Bicycles Gmbh
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $30 M (USD)

    in 2 rounds

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

    Jun 29, 2022

  • Investors
    HyperIce

    & 7 more

  • Employee Count
    45

    as on Dec 31, 2022

  • Acquired by
    GBL

    (Dec 15, 2020)

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Products & Services of Canyon Bicycles

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

Product name locked
Category locked
Primary

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

Product name locked
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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
A private equity and strategic advisory firm is operated.
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Consumer-focused investing in various sectors including Food and Beverage and Health and Wellness.
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Limited information is provided about LRMR Ventures' activities.
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Investor details for Canyon Bicycles

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Investments & Acquisitions by Canyon Bicycles

Investments
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Investment portfolio details for Canyon Bicycles

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Financial Statements - Canyon Bicycles

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Detailed financials for Canyon Bicycles

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Canyon Bicycles Comparisons

Canyon Bicycles Primary company
Description
High-performance bicycles are designed and manufactured for ...
Location
Koblenz, Germany
Founded Year
1996
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
45
As of 2022
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Peer comparison for Canyon Bicycles

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Competitors of Canyon Bicycles

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Latest news on 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 current CEO of Canyon Bicycles.

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

As of Dec 31, 2022, the latest employee count at Canyon Bicycles is 45.

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.

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