About Gocycle
Gocycle is a company based in London (United Kingdom) founded in 2002.. Gocycle has raised $500 thousand across 1 funding round. Gocycle offers products and services including Gocycle G4, Gocycle G4i, G4Drive Motor, and PitstopWheels. Gocycle operates in a competitive market with competitors including Ultra Motor, FuroSystems, VOLT Bikes, EBCO and estarli, among others.
- Headquarter London, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Karbon Kinetics Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Feb 28, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of Gocycle
Gocycle offers a comprehensive portfolio of products and services, including Gocycle G4, Gocycle G4i, G4Drive Motor, and PitstopWheels. 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.
Foldable bike with advanced motor for urban commuting.
Enhanced model with daytime light for safe riding.
Proprietary motor for improved torque and hill climbing.
Quick-change wheels for easy maintenance and portability.
Funding Insights of Gocycle
Gocycle has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in February 2020. 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 1
- Last Round Seed — $500,000
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First Round
First Round
(28 Feb 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Seed - Gocycle | Valuation |
investors |
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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 |
Investments & Acquisitions by Gocycle
| 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 - Gocycle
| 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 |
Gocycle Comparisons
Competitors of Gocycle
Gocycle 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 Ultra Motor, FuroSystems, VOLT Bikes, EBCO and estarli, 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 |
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| domain | founded_year | HQ Location |
Electric bicycles were manufactured by Ultra Motor in the UK.
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| domain | founded_year | HQ Location |
Light electric motorcycles and mobility solutions are developed by FuroSystems.
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| domain | founded_year | HQ Location |
Electric bicycles are manufactured for urban commuting in the UK.
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| domain | founded_year | HQ Location |
Developer of electric bicycles
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| domain | founded_year | HQ Location |
Electric bicycles with lightweight and foldable features are developed.
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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 Gocycle
Frequently Asked Questions about Gocycle
When was Gocycle founded?
Gocycle was founded in 2002 and raised its 1st funding round 18 years after it was founded.
Where is Gocycle located?
Gocycle is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Gocycle a funded company?
Gocycle is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Feb 28, 2020.
What does Gocycle do?
Gocycle was founded in 2002 in London, United Kingdom, and operates in the urban mobility sector. Folding electric bikes are produced, incorporating daytime running lights, integrated accessories, and smartphone connectivity. Lightweight materials and a patented Cleandrive system are utilized for portability and clean operation. The focus is placed on urban commuting needs, with manufacturing centered in the UK.
Who are the top competitors of Gocycle?
Gocycle's top competitors include Ultra Motor, FuroSystems and EBCO.
What products or services does Gocycle offer?
Gocycle offers Gocycle G4, Gocycle G4i, G4Drive Motor, and PitstopWheels.