About Propel Electric Bikes
Propel Electric Bikes is a company based in Brooklyn (United States) founded in 2011 by Chris Nolte. It operates as a D2C. Propel Electric Bikes offers products and services including eBikes, Accessories, and Parts and Tools. Propel Electric Bikes operates in a competitive market with competitors including House Of Lithium e-Motorsports, INTHEAIR, Electra Bicycle Company, AIMA EBikes and Sunshine Cycles, among others.
- Headquarter Brooklyn, United States
- Founders Chris Nolte
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Sectors
Transportation, Automotive & Logistics
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Social
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Annual Revenue
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Products & Services of Propel Electric Bikes
Propel Electric Bikes offers a comprehensive portfolio of products and services, including eBikes, Accessories, and Parts and Tools. 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.
Electric bicycles for commuting, cargo, and leisure activities.
Items like helmets, locks, and tools for eBike safety.
Components for eBike repairs and upgrades.
Funding Insights of Propel Electric Bikes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Propel Electric Bikes
| 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 - Propel Electric Bikes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Propel Electric Bikes Comparisons
Competitors of Propel Electric Bikes
Propel Electric Bikes 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 House Of Lithium e-Motorsports, INTHEAIR, Electra Bicycle Company, AIMA EBikes and Sunshine Cycles, 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 |
Manages an e-commerce store specializing in electric bicycles and related products.
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| domain | founded_year | HQ Location |
Online retailer of electric bikes for urban and terrain riding.
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| domain | founded_year | HQ Location |
Electric bicycles and accessories are retailed online.
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| domain | founded_year | HQ Location |
Manufactures and sells electric bicycles and parts for eco-friendly commuting.
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| domain | founded_year | HQ Location |
Sunshine Cycles is engaged in retailing bicycles and e-bikes.
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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 Propel Electric Bikes
Frequently Asked Questions about Propel Electric Bikes
When was Propel Electric Bikes founded?
Propel Electric Bikes was founded in 2011.
Where is Propel Electric Bikes located?
Propel Electric Bikes is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
What does Propel Electric Bikes do?
Propel Electric Bikes is a retailer based in Brooklyn, New York, specializing in electric bicycles and related accessories. They offer personalized matching services through experts, educational resources on eBikes, and maintenance support. The company serves customers nationwide, focusing on urban mobility and transforming transportation with top-tier brands and products.
Who are the top competitors of Propel Electric Bikes?
Propel Electric Bikes's top competitors include Electra Bicycle Company, Sunshine Cycles and House Of Lithium e-Motorsports.
What products or services does Propel Electric Bikes offer?
Propel Electric Bikes offers eBikes, Accessories, and Parts and Tools.