# Classified Cycling funding: rounds and investors

> Classified Cycling has raised $23M across 1 round since 2022. Investors include Active Partners and Limburgse Reconversie Maatschappij.

Source: https://millionrounds.com/company/classified-cycling (Millionrounds; every figure on the page links to its filing or article)

Belgium · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Classified Cycling*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Sports

Funding summary Updated 26 Oct 2026

**$23M** raised across 1 round since 2022, from 1 source

- **Latest round:** Venture, $23M Dec 2022
- **Investors:** 2

See who backed them

## The rounds

- **Dec 2022** Venture **$23M** [Active Partners](https://millionrounds.com/fund/active-partners) [Limburgse Reconversie Maatschappij](https://millionrounds.com/fund/limburgse-reconversie-maatschappij) Source recorded

## Founders and team

From Classified Cycling's own website: 4 on the team.

- **Mathias Plouvier** CTO
- **Roëll Van Druten** CFO
- **Gavin Celen** Procurement & Industrialisation Director
- **Nele Van Meulder** Procurement & Industrialisation Director

## Everyone who backed them

[Active Partners](https://millionrounds.com/fund/active-partners) VC firm **1** round

[Limburgse Reconversie Maatschappij](https://millionrounds.com/fund/limburgse-reconversie-maatschappij) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=classified-cycling).

## Also claim to have backed them

This firm lists Classified Cycling as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Bridford Group](https://millionrounds.com/fund/bridford-group) VC firm Per its own site

## Quick answers about Classified Cycling

### Who invested in Classified Cycling?

Classified Cycling's investors include Active Partners and Limburgse Reconversie Maatschappij.

### How much has Classified Cycling raised?

Classified Cycling has raised $23M across 1 round since 2022.

### When did Classified Cycling last raise?

Classified Cycling's most recent round was a Venture of $23M in Dec 2022.

### What was Classified Cycling's biggest round?

Its most recent round, $23M in Dec 2022, is also its largest on record.

### Who backed Classified Cycling first?

Classified Cycling's first round on record, in Dec 2022, was backed by Active Partners and Limburgse Reconversie Maatschappij.

### What stage is Classified Cycling at?

Classified Cycling's latest named round is a Venture, in Dec 2022.

### Where is Classified Cycling based?

Classified Cycling is based in Belgium.

## Companies like Classified Cycling

In the same sector, and raised in the last eighteen months.

[**Boldfit** $55M · Oct 2026](https://millionrounds.com/company/boldfit)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**Alma Mater** Sept 2026](https://millionrounds.com/company/alma-mater)[**Huupe** Sept 2026](https://millionrounds.com/company/huupe)[**TMRW Sports** $83M · Sept 2026](https://millionrounds.com/company/tmrw-sports)[**Brodie Rec Leagues** $2.5M · Sept 2026](https://millionrounds.com/company/brodie-rec-leagues)

## Find investors like these

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