# Upway: Internet, Gennevilliers, France

> Upway: Upway is a leading platform for refurbished electric bikes, founded in 2021 in Paris, France. Based in Gennevilliers, France. Founded 2019.

Source: https://millionrounds.com/startup/upway-2 (Millionrounds; every figure on the page links to its filing or article)

France · [Internet startup](https://millionrounds.com/companies)

# Upway

Upway is a leading platform for refurbished electric bikes, founded in 2021 in Paris, France.

Funding reported Last round: Series B

Internet Gennevilliers, France

Company summary

- **Founded:** 2019 7 years old
- **Team:** 310 201 to 1,000 people
- **Funding reported:** 60.6M as listed, currency not stated
- **Last round:** Series B Nov 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 Upway 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 Upway

Upway is a leading platform for refurbished electric bikes, founded in 2021 in Paris, France.

The company specializes in the purchase, expert refurbishment, and sale of second-hand electric bikes, all backed by a warranty. Upway aims to make sustainable electric mobility accessible to everyone, offering high-quality second-hand options at prices up to 60% lower than new models. With a presence in nine countries, including France, Germany, and the United States, Upway operates a refurbishment center in Gennevilliers, where skilled mechanics ensure that each bike meets rigorous standards. The company offers over 2,000 models from more than 150 brands, along with services such as quick home delivery, bike buyback estimates, financing, and maintenance options. Upway is committed to transparency, affordability, and sustainability, making it a trusted choice for individuals seeking quality electric bikes without the risks associated with private sales.

## What company datasets say Upway raised

Funding, as reported

Reported in all **60.6M** in the source's currency

Rounds **3**

Last round **Series B**

Last round size **60M**

Last round date **Nov 2023**

Investors listed **8**

## On 2 portfolio pages

Investors who name them

- [Korelya Capital](https://millionrounds.com/fund/korelya-capital)
- [Wind](https://millionrounds.com/fund/wind)

Each firm lists Upway 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

consumers information technology & services b2c e-commerce d2c internet consumer internet retail internet marketplace platforms

Built with from their website

Docker Google Tag Manager Amazon CloudFront OneTrust Tech Risk & Compliance SeamlessCMS HREF Lang Paypal Google Cloud Google Ads Klaviyo

+8 more

Shopify Product Reviews YouTube MailChimp Google Workspace CloudFlare Viewport Meta Google Drive Emotion

- **Sector:** Internet
- **Industry code:** NAICS 459110
- **Region:** Ile-de-France
- **Part of:** Upway USA
- **Revenue:** 1.2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/upway)

## Internet in France

Startups like it

- [**Back Market** Paris · founded 2014 *Raised*](https://millionrounds.com/company/back-market)
- [**Meero** Paris · founded 2014](https://millionrounds.com/startup/meero-3)
- [**Zefir** Paris · founded 2021](https://millionrounds.com/startup/zefir)
- [**amo** Paris](https://millionrounds.com/startup/amo)
- [**Colizey** Paris · founded 2018](https://millionrounds.com/startup/colizey)
- [**Alpagga** Paris · founded 2022](https://millionrounds.com/startup/alpagga)
- [**CardNexus** Le Bouscat · founded 2024](https://millionrounds.com/startup/cardnexus)
- [**Fioulreduc** Paris · founded 2011](https://millionrounds.com/startup/fioulreduc)

## Is this your company?

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