Senior Finance Manager, Cycle
Enabling sustainable last-mile delivery
Open for applications
Enabling sustainable last-mile delivery
101-200 employees
Open for applications
101-200 employees
Company mission
To enable efficient, affordable, and eco-friendly urban transportation.
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Company mission
To enable efficient, affordable, and eco-friendly urban transportation.
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
Funding (last 2 of 5 rounds)
Jul 2023
$11.3m
SERIES A
May 2022
$11.7m
SEED
Total funding: $23.7m
This company has top investors
Leadership
Luis Orsini-Rosenberg
(Co-Founder & CEO)They have experience as Marketing Manager for Uber from 2015 to 2018. They co-founded Cycle (formerly GetHenry) as CEO in 2018.