About Upcycles
Upcycles is a company based in Brooklyn (United States) founded in 2017 by Nick Wong. It operates as a B2B. Upcycles has raised $60 thousand across 1 funding round from investors including URBAN-X. Upcycles operates in a competitive market with competitors including Cenntro, BILITI Electric, T3 Motion, Yuba Bicycles and Coaster Cycles, among others.
- Headquarter Brooklyn, United States
- Founders Nick Wong
- SectorsTransportation, Automotive & Logistics
- Website upcycles.biz
- Social Facebook
- Total Equity Funding$60K (USD)
in 1 rounds
- Latest Funding Round$60K (USD), Seed
Mar 2017
- Investors
Funding Insights of Upcycles
Upcycles has successfully raised a total of $60K through 1 strategic funding round. The most recent funding activity was a Seed round of $60 thousand completed in March 2017. 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 $60,000
- Total Rounds 1
- Last Round Seed — $60,000
- First Round $60,000
(Mar 2017)
- Investors Count 1
All 1 funding rounds of Upcycles with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2017 | $60,000 | Seed | – | URBAN-X | – |
1 investors in total: 1 institutional.
Investors in Upcycles
Upcycles has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include URBAN-X.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | urban-x.com | - |
Investor details for Upcycles
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Upcycles
2 people are tracked at Upcycles (2 in leadership).
| Name | Role | Group |
|---|---|---|
Nick Wong | Co Founder | Leadership |
Jan Rayman | Co-Founder & CEO | Leadership |
Complete people profiles for Upcycles
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Upcycles
2 dated milestones of Upcycles, from founding to its latest funding, stage changes and deals.
- Founded Upcycles is founded.
- Funding First funding round of $60K.
Competitors of Upcycles
Upcycles 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 Cenntro, BILITI Electric, T3 Motion, Yuba Bicycles and Coaster Cycles, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cenntroauto.com | 2013 | Sparks, United States | – | 315 | SaaS and AI-based developer of electric-utility vehicle and commercialization management solutions | |
| bilitielectric.com | 2021 | Los Angeles, United States | – | – | Creates innovative technologies for electric utility vehicles to enhance efficiency and sustainability. | |
| t3motion.com | 2006 | Costa Mesa, United States | $6M | 4 | Electric personal vehicles for law enforcement and security are provided. | |
| yubabikes.com | 2007 | Cotati, United States | – | – | Manufactures adaptable cargo bikes for families and businesses in urban environments. | |
| coastercycles.com | 2017 | Boston, United States | – | – | Pedal-powered vehicles are manufactured by Coaster Cycles. | |
| bennobikes.com | 2015 | Del Mar, United States | – | – | Manufactures e-bikes with cargo capacity for daily commuting and adventure. | |
| etukusa.com | 2013 | Denver, United States | – | – | Manufactures and supplies electric three-wheeled vehicles for sustainable transport. |
Detailed competitors of Upcycles
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Upcycles
10 companies that operate in the same segment as Upcycles (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about Upcycles
Upcycles was founded in 2017.
Upcycles is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Upcycles is a funded company, having raised a total of $60K across 1 funding round to date. The company's 1st funding round was a Seed of $60K, raised on Mar 2017.
Upcycles operates with a B2B model, focusing on providing transportation services, developing electric vehicles, tricycles, and logistics applications. Supplies electric tricycles designed for logistics operations. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
Upcycles's top competitors include Cenntro, T3 Motion and Coaster Cycles.
Upcycles has 1 investor. Key investors include URBAN-X.