Indievelo
About Indievelo
Provider of virtual cycling training platform with integrated social features. It offers structured workouts synced with user accounts, enabling participation in virtual group rides and races. The platform incorporates realistic physics, allowing for customization of avatars and bikes. Users can select from various modes, including focused and immersive options, and utilize heart rate-based training. Instant data syncing is supported across multiple devices, and in-app chat facilitates communication among riders. The platform is compatible with a wide range of smart trainers and wearable devices.
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Sectors
Media & Entertainment
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Phone
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
TrainingPeaks
(Oct 29, 2024)
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Funding Insights of Indievelo
| 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 Indievelo
Indievelo has secured backing from 1 investor. Prominent investors backing the company include TrainingPeaks. 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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App for tracking athlete workouts, setting goals, and syncing with devices.
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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 Indievelo
| 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 - Indievelo
| 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 |
Indievelo Comparisons
Competitors of Indievelo
| 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 Indievelo
What does Indievelo do?
Provider of virtual cycling training platform with integrated social features. It offers structured workouts synced with user accounts, enabling participation in virtual group rides and races. The platform incorporates realistic physics, allowing for customization of avatars and bikes. Users can select from various modes, including focused and immersive options, and utilize heart rate-based training. Instant data syncing is supported across multiple devices, and in-app chat facilitates communication among riders. The platform is compatible with a wide range of smart trainers and wearable devices.
Who are Indievelo's investors?
Indievelo has 1 investor. Key investors include TrainingPeaks.