# CYCLE: Logistics & supply chain, Berlin, Germany

> CYCLE: CYCLE is a Berlin-based mobility company founded in 2018 that specializes in subscription services for electric vehicles, particularly e-bikes and...

Source: https://millionrounds.com/startup/cycle (Millionrounds; every figure on the page links to its filing or article)

Germany · [Logistics & supply chain startup](https://millionrounds.com/companies)

# CYCLE

CYCLE is a Berlin-based mobility company founded in 2018 that specializes in subscription services for electric vehicles, particularly e-bikes and cargo bikes.

Funding reported Last round: Series A

Logistics & supply chain Berlin, Germany

Company summary

- **Founded:** 2018 8 years old
- **Team:** 150 51 to 200 people
- **Funding reported:** 29.9M as listed, currency not stated
- **Last round:** Series A Jul 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for CYCLE has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About CYCLE

CYCLE is a Berlin-based mobility company founded in 2018 that specializes in subscription services for electric vehicles, particularly e-bikes and cargo bikes.

The company focuses on optimizing last-mile delivery operations for both businesses and individuals, promoting sustainable urban transport solutions across Europe. CYCLE operates in over 85 cities across Germany, Austria, Italy, the Netherlands, and Poland. CYCLE offers a full-service subscription model that includes high-performance electric vehicles, in-house maintenance, proprietary fleet management software, and integrated security features. Their services cater to delivery and logistics companies, individual couriers, and commuters seeking efficient and eco-friendly mobility options. The company generates revenue through monthly subscription fees and has received significant funding to support its growth and expansion into new markets, including plans to enter the UK.

## What company datasets say CYCLE raised

Funding, as reported

Reported in all **29.9M** in the source's currency

Rounds **8**

Last round **Series A**

Last round size **11.3M**

Last round date **Jul 2023**

Investors listed **14**

## On a portfolio page

Investors who name them

- [Heartfelt Capital](https://millionrounds.com/fund/heartfelt)

Each firm lists CYCLE 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

corporate fleet green logistics clean energy & technology consumers accessories fleet optimization ecofriendly cargo e-bikes distribution remote diagnostics e-bike leasing information technology & services insurance logistics & supply chain battery swapping performance monitoring

Built with from their website

Google Tag Manager Amazon CloudFront Salesforce CRM Analytics HREF Lang Google Cloud Font Awesome Google Workspace CloudFlare Viewport Meta LinkedIn Ads

+8 more

Hubspot PostgreSQL Facebook SDK Webflow Hosting Google Cloud Hosting Google Meet CloudFlare CDN Ahrefs

- **Sector:** Logistics & supply chain
- **Industry code:** NAICS 33699, 532490, 488510, SIC 3711
- **Region:** Berlin
- **Revenue:** 2.3M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/cycle)

## Logistics & supply chain in Germany

Startups like it

- [**Seven Senders** Berlin · founded 2015 *Raised*](https://millionrounds.com/company/seven-senders)
- [**fliit** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/fliit)
- [**cargo.one** Berlin · founded 2017 *Raised*](https://millionrounds.com/company/cargo-one)
- [**Forto** Berlin · founded 2016](https://millionrounds.com/startup/forto)
- [**Hive** Berlin · founded 2020](https://millionrounds.com/startup/hive-8)
- [**Voyfai** Berlin · founded 2023](https://millionrounds.com/startup/voyfai)
- [**Goggo Network** Berlin · founded 2018](https://millionrounds.com/startup/goggo-network)
- [**everstox** Munich · founded 2019](https://millionrounds.com/startup/everstox)

## Is this your company?

Add your raise, your deck and your story, and put CYCLE in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)