Fiets!

Antwerp, Belgium Founded: 2010 • Age: 16 yrs Acquired By Colruyt Group
Bicycles, parts, and services are retailed across Belgium by Fiets!.
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About Fiets!

Fiets! is a company based in Antwerp (Belgium) founded in 2010 was acquired by Colruyt Group in March 2019.. The company has 32 employees as of March 31, 2023. Fiets! has completed 1 acquisition, including Hans Struijk Fietse.

  • Headquarter Antwerp, Belgium
  • Employees 32 as on 31 Mar, 2023
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Consumer & Fashion Retail
Key Metrics
  • Annual Revenue
    $49.44 M (USD)
    72
    as on Mar 31, 2023
  • Net Profit
    $-4.01 M (USD)
    2
    as on Mar 31, 2023
  • EBITDA
    $-4.01 M (USD)
    2
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    32

    as on Mar 31, 2023

  • Investments & Acquisitions
  • Acquired by
    Colruyt Group

    (Mar 21, 2019)

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Funding Insights of Fiets!

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2015 Amount Seed - Fiets! Valuation Vermec
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fiets!

Fiets! has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Colruyt Group and Vermec. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Food and non-food items are retailed through supermarkets and services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fiets!

Fiets! has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hans Struijk Fietse. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Accessories and parts for bicycles are supplied by the company.
1948
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Fiets!

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fiets! Comparisons

Employees
+
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Competitors of Fiets!

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fiets!

Frequently Asked Questions about Fiets!

When was Fiets! founded?

Fiets! was founded in 2010 and raised its 1st funding round 5 years after it was founded.

Where is Fiets! located?

Fiets! is headquartered in Antwerp, Belgium.

How many employees does Fiets! have?

As of Mar 31, 2023, the latest employee count at Fiets! is 32.

What is the annual revenue of Fiets!?

Annual revenue of Fiets! is $49.44M as on Mar 31, 2023.

What does Fiets! do?

Fiets! was established in 2010 and is headquartered in Antwerp, Belgium, where it operates as a retail chain in the bicycle sector. Sales of bicycles, along with parts and maintenance services, are provided through multiple locations. A multi-brand inventory is maintained, featuring domestic and international options such as CUBE, Cortina, Giant, Flyer, TREK, Gazelle, and Koga. Categories covered include electric bikes, mountain bikes, city bikes, and sports bikes.

How many acquisitions has Fiets! made?

Fiets! has made 1 acquisition, including Hans Struijk Fietse.

Who are Fiets!'s investors?

Fiets! has 2 investors. Key investors include Colruyt Group, and Vermec.

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