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Cycle
Enabling sustainable last-mile delivery
- 101-200 employees
- B2C
- B2B
- Sustainability
- Mobility
- Electric Vehicles
- Delivery
- eCommerce
- Kreuzberg, Berlin, Germany
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Company mission
To enable efficient, affordable, and eco-friendly last-mile delivery.
1% employee growth in 12 months
Our take
Electric bicycles or e-bikes are excellent means of transport for last-mile deliveries as they are carbon-neutral, fast, and easy to maneuver around urban environments. However, they are also expensive to purchase and prone to breaking, and a lack of repair services can mean that a rider is out of work for the foreseeable future.
Cycle (formerly known as GetHenry) provides a subscription service for the rental of e-bikes that are designed to be used for last-mile deliveries, offering the service to both individuals and business fleets. In addition to the bikes, a subscription with the company provides customers with free mechanic servicing within 48 hours, insurance for theft and accidents, and e-bike fleet management software for businesses.
Whilst e-bikes can already be rented by last-mile riders as a means to avoid the expenses of purchasing one up-front, Cycle stands out by tackling the additional challenges of repairs and insurance. By providing end-to-end and flexible subscriptions, the service shows great potential to facilitate seamless last-mile services on both small and large scales.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- An international, highly motivated and fast growing team, in which teamwork comes first
- An exciting job in an extremely fast-paced and promising industry
- Responsibility from day one - take full ownership of projects and follow a steep learning curve
- The unique opportunity to shape the future course of a fast-growing startup with your ideas
- Creative freedom - we have flat hierarchies, short feedback loops and quick decision-making processes
- A healthy combination of remote work and days at the office - we want to get to know you better and feel as a team, but respect that everyone has their own rhythm, family or lifestyle
- A centrally located and modern office with access to drinks, fresh fruit and lots of amenities
- Career progression within the company
Company values
- We are supportive - Whatever your vision, we'll give you the tools to achieve it
- We are impactful - With our work, we are making a difference: not just for our customers, but also for our cities and our planet
- We are respectful - We care about your needs and well-being, and we make sure you always feel part of the team
Funding (last 2 of 5 rounds)
Jul 2023
$11.3m
SERIES A
May 2022
$10.6m
SEED
Total funding: $22.5m
This company has top investors
Leadership
They have experience as Marketing Manager for Uber from 2015 to 2018. They co-founded Cycle (formerly GetHenry) as CEO in 2018.
Nikodemus Seilern
(CPO)They have experience as Business & Product Developer for Noa Technologies from 2016 to 2018. They co-founded Cycle (formerly GetHenry) in 2018 as CPO.