What is Alltricks?
Alltricks operates as a comprehensive online retailer for bicycle components, apparel, and accessories, catering to a global customer base. Wholly owned and operated by Société Avanis, the French-based company boasts an extensive inventory, featuring over 500 brands and 700,000 items. Its strategic focus on providing a wide selection and efficient worldwide delivery has positioned it as a key player in the competitive online cycling market.
How much funding has Alltricks raised?
Alltricks has raised a total of $10.6M across 2 funding rounds:
Private Equity
$2.1M
Private Equity
$8.5M
Private Equity (2016): $2.1M with participation from Partech Ventures
Private Equity (2017): $8.5M led by Sonorfi, Entrepreneur Venture, 123 Investment Managers, Financiere De La Gommerie, and Partech Ventures
Key Investors in Alltricks
Partech Ventures
Partech Ventures is a global investment firm that supports entrepreneurs from seed to growth stages across multiple continents. They provide capital, operational experience, and strategic support, with a significant investment capacity.
Sonorfi
Sonorfi is an entity that participated in the funding round. Further details regarding its investment focus are not publicly available.
123 Investment Managers
123 Investment Managers is a capital investment management company focused on unlisted French companies, aiming to combine financial performance with sustainability and foster economic growth through strategic capital allocation.
What's next for Alltricks?
With the recent injection of major strategic capital, Alltricks is poised for accelerated growth and market penetration. The company is likely to leverage this investment to expand its product catalog, enhance its logistical infrastructure for global distribution, and potentially explore new market segments within the cycling and outdoor sports ecosystem. Continued investment in technology and customer experience will be crucial for maintaining its competitive edge and achieving long-term strategic objectives.
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