About Geovelo
Geovelo is a company based in Tours (France) founded in 2010 by Gael Sauvanet.. Geovelo has raised $4.18 million across 2 funding rounds from investors including Banque des Territoires and Seventure Partners. Geovelo offers products and services including Itineraries, Catalog of Bike Rides, and Geovelo API. Geovelo operates in a competitive market with competitors including Bikemap, Critical Maps, Trailze, LaneSpotter and ScootRoute, among others.
- Headquarter Tours, France
- Founders Gael Sauvanet
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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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Total Equity Funding
$4.18 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Banque des Territoires
& 1 more
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Employee Count
Employee Count
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Products & Services of Geovelo
Geovelo offers a comprehensive portfolio of products and services, including Itineraries, Catalog of Bike Rides, and Geovelo API. 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.
Tool for creating and accessing cycling routes and travels.
Collection of bike ride options across various territories.
API for integrating cycling data and services for companies.
Funding Insights of Geovelo
Geovelo has successfully raised a total of $4.18M across 2 strategic funding rounds. 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 Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(23 Mar 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Debt – Conventional - Geovelo | Valuation |
investors |
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| Mar, 2022 | Amount | Series A - Geovelo | Valuation | Banque des Territoires |
| 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 Geovelo
Geovelo has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Banque des Territoires and Seventure Partners. 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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Tech & Life Sciences focused stage agnostic VC firm investing in Europe, Asia & the US
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Founded Year | Domain | Location | |
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Legal and finance advisory services are provided to clients.
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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 Geovelo
| 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 - Geovelo
| 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 |
Geovelo Comparisons
Competitors of Geovelo
Geovelo 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 Bikemap, Critical Maps, Trailze, LaneSpotter and ScootRoute, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based bike route information provider
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| domain | founded_year | HQ Location |
Provides an app-based routing service for bicycle riders.
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| domain | founded_year | HQ Location |
Delivers comprehensive outdoor and off-road navigation systems for adventurers.
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| domain | founded_year | HQ Location |
Offers a mapping and navigation solution designed for cyclists.
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| domain | founded_year | HQ Location |
An app-based navigation solution for scooters and electric kick-scooters.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Geovelo
When was Geovelo founded?
Geovelo was founded in 2010 and raised its 1st funding round 12 years after it was founded.
Where is Geovelo located?
Geovelo is headquartered in Tours, France. It is registered at Tours, Centre-val De Loire, France.
Who is the current CEO of Geovelo?
Gael Sauvanet is the current CEO of Geovelo. They have also founded this company.
Is Geovelo a funded company?
Geovelo is a funded company, having raised a total of $4.18M across 2 funding rounds to date.
What does Geovelo do?
Geovelo was founded in 2010 in Tours, France, as a technology company focused on cycling navigation. An app-based platform is provided, featuring secure route options and a calculator for itineraries matched to users bike equipment and security needs. Communities for cyclists are accessible, along with participation in challenges. Operations center on mobile app services in the cycling sector.
Who are the top competitors of Geovelo?
Geovelo's top competitors include Bikemap, CycleAI and Critical Maps.
What products or services does Geovelo offer?
Geovelo offers Itineraries, Catalog of Bike Rides, and Geovelo API.
Who are Geovelo's investors?
Geovelo has 2 investors. Key investors include Banque des Territoires, and Seventure Partners.