About Coaster Cycles
Coaster Cycles is a company based in Boston (United States) founded in 2017 by BEN MORRIS.. Coaster Cycles offers products and services including Venture, Parcel AW, Freighter, and Freighter AW. Coaster Cycles operates in a competitive market with competitors including Cenntro, BILITI Electric, Yuba Bicycles, T3 Motion and Benno Bikes, among others.
- Headquarter Boston, United States
- Founders BEN MORRIS
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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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
& 4 more
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Employee Count
Employee Count
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Products & Services of Coaster Cycles
Coaster Cycles offers a comprehensive portfolio of products and services, including Venture, Parcel AW, Freighter, and Freighter AW. 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.
Ultimate solution for last-mile delivery applications.
Narrow profile option for efficient last-mile transport.
Robust workhorse for demanding delivery tasks.
Light and maneuverable vehicle for delivery needs.
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Funding Insights of Coaster Cycles
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Debt – Conventional - Coaster Cycles | Valuation |
investors |
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| Oct, 2019 | Amount | Angel Round - Coaster Cycles | Valuation | Andrew Parkinson , Thomas Parkinson |
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| 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 Coaster Cycles
Coaster Cycles has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Andrew Parkinson, Thomas Parkinson and John Lyman. 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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AP
Andrew Parkinson |
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Founded Year | Domain | Location |
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TP
Thomas Parkinson |
Angel investor and entrepreneur, co-founder of Peepul Capital, focused on Indian startups
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Founded Year | Domain | Location |
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JL
John Lyman |
Angel investor focusing on Indian startups, limited public data available.
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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 Coaster Cycles
| 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 - Coaster Cycles
| 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 |
Coaster Cycles Comparisons
Competitors of Coaster Cycles
Coaster Cycles operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cenntro, BILITI Electric, Yuba Bicycles, T3 Motion and Benno Bikes, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
SaaS and AI-based developer of electric-utility vehicle and commercialization management solutions
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Creates innovative technologies for electric utility vehicles to enhance efficiency and sustainability.
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| domain | founded_year | HQ Location |
Manufactures adaptable cargo bikes for families and businesses in urban environments.
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| domain | founded_year | HQ Location |
Electric personal vehicles for law enforcement and security are provided.
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| domain | founded_year | HQ Location |
Manufactures e-bikes with cargo capacity for daily commuting and adventure.
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| 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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Latest news on Coaster Cycles
Frequently Asked Questions about Coaster Cycles
When was Coaster Cycles founded?
Coaster Cycles was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Coaster Cycles located?
Coaster Cycles is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Coaster Cycles?
BEN MORRIS is the current CEO of Coaster Cycles. They have also founded this company.
What does Coaster Cycles do?
Coaster Cycles was founded in 2017 in Boston, United States, by Ben Morris, who serves as CEO. Pedal-powered vehicles, including bicycles and related transport options, are produced by the company. Operations center on design and assembly within the mobility sector, with a focus on non-motorized alternatives. Distribution occurs primarily in the domestic market, supporting sustainable urban transportation needs.
Who are the top competitors of Coaster Cycles?
Coaster Cycles's top competitors include Cenntro, T3 Motion and BILITI Electric.
What products or services does Coaster Cycles offer?
Coaster Cycles offers Venture, Parcel AW, Freighter, and Freighter AW.
Who are Coaster Cycles's investors?
Coaster Cycles has 5 investors. Key investors include Andrew Parkinson, Thomas Parkinson, John Lyman, Grant Allen, and Katherine Kennedy.
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