Cyacle Bikeshare

Abu Dhabi, United Arab Emirates Founded: 2015 • Age: 11 yrs Acquired By Careem
Short-term bicycle rentals are offered from stations in Abu Dhabi.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 4 Brand Intelligence

About Cyacle Bikeshare

Cyacle Bikeshare is a company based in Abu Dhabi (United Arab Emirates) founded in 2015 by Hani Akasha and Mohamed Kamran Tabassu was acquired by Careem in May 2019. Cyacle Bikeshare operates in a competitive market with competitors including nextbike, VAIMOO and EJARII, among others.

  • Headquarter Abu Dhabi, United Arab Emirates
  • Founders Hani Akasha, Mohamed Kamran Tabassu
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Careem

    (May 28, 2019)

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Funding Insights of Cyacle Bikeshare

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Investors in Cyacle Bikeshare

Cyacle Bikeshare has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Careem.

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Institutional
Investor Description Founded Year Domain Location
Rides and deliveries are facilitated via a mobile app platform.
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Investor details for Cyacle Bikeshare

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Investments & Acquisitions by Cyacle Bikeshare

Investments
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Investment portfolio details for Cyacle Bikeshare

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Financial Statements - Cyacle Bikeshare

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Cyacle Bikeshare Comparisons

Cyacle Bikeshare Primary company
Description
Short-term bicycle rentals are offered from stations in Abu ...
Location
Abu Dhabi, United Arab Emirates
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Cyacle Bikeshare

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Competitors of Cyacle Bikeshare

Cyacle Bikeshare 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 nextbike, VAIMOO and EJARII, among others.

Company Name Domain Founded year HQ Location Description
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End-to-end solutions for bicycle sharing
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End-to-end SaaS platform for micromobility fleet management is provided.
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Operates an online portal for renting electric scooters.
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Detailed competitors of Cyacle Bikeshare

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Latest news on Cyacle Bikeshare

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Frequently Asked Questions about Cyacle Bikeshare

Cyacle Bikeshare was founded in 2015.

Cyacle Bikeshare is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.

Cyacle Bikeshare is a bicycle rental service in Abu Dhabi, owned and operated by Cyacle. The service is supported by Abu Dhabi Commercial Bank. Operates the service with over 325 bicycles from 50 stations in Abu Dhabi. Users can join the scheme, rent the bicycles and return them to the stations after the ride. Provides 1 day and 3 day passes for casual users and monthly and yearly memberships for regular users.

Cyacle Bikeshare's top competitors include nextbike, VAIMOO and EJARII.

Cyacle Bikeshare has 1 investor. Key investors include Careem.

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