Germany · Sporting goods startup

Canyon

Canyon Bicycles GmbH is a leading German manufacturer specializing in direct-to-customer sales of premium bicycles.

Funding reportedLast round: Private equity

Sporting goodsKoblenz, Germany

About Canyon

Canyon Bicycles GmbH is a leading German manufacturer specializing in direct-to-customer sales of premium bicycles.

Based in Koblenz, the company offers a diverse range of bikes, including road, mountain, triathlon, urban, fitness, and electric models. Founded in 1985 and rebranded as Canyon in 2002, the company has become the world's largest DTC bike manufacturer, generating over €800 million in annual revenue. Canyon's product lineup features high-performance conventional bikes made with carbon fiber and advanced engineering. They also provide electric bikes designed for urban commuting and off-road adventures, along with a selection of cycling parts and accessories. The company focuses on innovative design and allows customers to customize their bikes through an online platform, eliminating the need for traditional retail intermediaries. Canyon serves a wide audience, from professional athletes to everyday riders, across key markets including Germany, Austria, Switzerland, the US, and the UK.

What company datasets say Canyon raised

Funding, as reported

Reported in all30Min the source's currency
Rounds2
Last roundPrivate equity
Last round dateJul 2022
Investors listed4

On 5 portfolio pages

Investors who name them

Each firm lists Canyon on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

hybrid bikeshealth carecustomer satisfactionseat postsconsumerscycling athletesbikepacking bagscompetitive pricingmanufacturingmountain bikese-bikesriding technologytubeless tiresbike unboxingcommuter bikesinformation technology & services

Built with from their website

WeaviateMicrosoft Azure MonitorAzure DevopsAzure PipelinesDocuSignGitAdobeAzure Log AnalyticsSalesforce Service CloudJUnit

+8 more

StravaFrontSAP Process IntegrationTableauRESTAWS Single Sign-OnSentinelSAP Solution Manager

Sector
Sporting goods
Industry code
NAICS 336991, 339920, SIC 3751, 3752
Region
Rheinland-Pfalz
Part of
Pargesa Holding SA
Revenue
846M a year, as listed
Full record
Every detail in the company directory

Sporting goods in Germany

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