VanMoof

Amsterdam, Netherlands Founded: 2009 • Age: 17 yrs Acquired By Lavoielectric
Electric bicycles with integrated technology are manufactured by VanMoof.
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About VanMoof

VanMoof is a company based in Amsterdam (Netherlands) founded in 2009 by Taco Carlier and Ties Carlier was acquired by Lavoielectric in August 2023.. VanMoof has raised $186.25 million across 5 funding rounds from investors including Rabobank, Norwest Venture Partners and Balderton Capital. VanMoof offers products and services including VanMoof S5, VanMoof A5, VanMoof App, Ride Pro Subscription, and Theft Proof Service. VanMoof operates in a competitive market with competitors including Rad Power Bikes, TENWAYS, Urban Arrow, Mokumono and Dutch ID, among others.

  • Headquarter Amsterdam, Netherlands
  • Founders Taco Carlier, Ties Carlier
  • Sectors
    Transportation, Automotive & Logistics
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Consumer → Sports, Leisure & Outdoor
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $186.25 M (USD)

    in 5 rounds

  • Latest Funding Round
    $128 M (USD), Series C

    Sep 01, 2021

  • Investors
    Rabobank

    & 10 more

  • Employee Count
    Employee Count
  • Acquired by
    Lavoielectric

    (Aug 31, 2023)

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Products & Services of VanMoof

VanMoof offers a comprehensive portfolio of products and services, including VanMoof S5, VanMoof A5, VanMoof App, Ride Pro Subscription, and Theft Proof Service. 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.

Primary

Remastered straight-frame electric bike for urban riding.

Step-in frame electric bike designed for easy commuting.

App for unlocking, tracking, and customizing bikes.

Subscription for enhanced bike features and support.

Protection service to secure electric bikes.

People of VanMoof
Headcount 500-1000
Employee Profiles 35
Employee Profiles
People
Erik Vierveijzer
Project Manager Product Improvement
People
Marjolein Deun
Industrial Design Lead
People
Ties Carlier
CEO & Co-Founder
People
Joppe Groot
Global Service Operations Manager

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Funding Insights of VanMoof

VanMoof has successfully raised a total of $186.25M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $128 million completed in September 2021. 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 Rounds 5
  • Last Round Series C — $128.0M
  • First Round

    (02 Oct 2017)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Series C - VanMoof Valuation Hillhouse
Sep, 2020 Amount Series B - VanMoof Valuation Norwest Venture Partners , Felix Capital
May, 2020 Amount Series B - VanMoof Valuation Balderton Capital , SINBON
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in VanMoof

VanMoof has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Rabobank, Norwest Venture Partners and Balderton Capital. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Global private equity investments are managed with long-term focus.
Founded Year Domain Location
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
Founded Year Domain Location
Tech companies are funded by this London-based venture capital firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by VanMoof

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - VanMoof

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vanmoof Comparisons

Employees
+
Add Comparison
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Competitors of VanMoof

VanMoof 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 Rad Power Bikes, TENWAYS, Urban Arrow, Mokumono and Dutch ID, 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
Developer of electric bicycles
domain founded_year HQ Location
Electric bicycles are designed and manufactured by TENWAYS.
domain founded_year HQ Location
Electric cargo bikes are designed and developed by Urban Arrow.
domain founded_year HQ Location
Light electric bicycles are manufactured for urban commuting.
domain founded_year HQ Location
Dutch ID produces high-quality electric bikes for urban commuting and leisure activities.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vanmoof

Frequently Asked Questions about VanMoof

When was VanMoof founded?

VanMoof was founded in 2009 and raised its 1st funding round 8 years after it was founded.

Where is VanMoof located?

VanMoof is headquartered in Amsterdam, Netherlands.

Is VanMoof a funded company?

VanMoof is a funded company, having raised a total of $186.25M across 5 funding rounds to date. The company's 1st funding round was a Series B of $13.54M, raised on Oct 02, 2017.

What does VanMoof do?

Manufacturer of electric bicycles. The company develops various models of electric bicycles Vanmoof S3, VanmoofX3. It offers features like automatic electronic gear shifting, rider recognition, chain-tensioning systems, anti-theft technology, tamper detection, remote lockdown mode, silent motors, hydraulic brakes, and an integrated app allowing users to check battery levels, locate their bicycles, and to track rides. The mobile app is available for both Android and iOS platforms.

Who are the top competitors of VanMoof?

VanMoof's top competitors include Rad Power Bikes, TENWAYS and Urban Arrow.

What products or services does VanMoof offer?

VanMoof offers VanMoof S5, VanMoof A5, VanMoof App, Ride Pro Subscription, and Theft Proof Service.

Who are VanMoof's investors?

VanMoof has 11 investors. Key investors include Rabobank, Norwest Venture Partners, Balderton Capital, SINBON, and Hillhouse.

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