What is Alltricks?
Alltricks operates as a prominent online retailer specializing in bicycles, bicycle parts, and running equipment. The company caters to a broad spectrum of cycling enthusiasts and outdoor activity participants, offering an extensive catalog that features over 450,000 items from more than 500 brands. Their product range encompasses bikes, running shoes, cycling apparel, and various accessories, positioning Alltricks as a comprehensive destination for athletes seeking high-quality gear. The company emphasizes customer satisfaction through expert advice, rapid delivery services, and consistent promotional offers, aiming to provide athletes with optimal equipment at competitive price points.
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 Partech Ventures, Sonorfi, Entrepreneur Venture, 123 Investment Managers, and Financiere De La Gommerie
Key Investors in Alltricks
Partech Ventures
Partech Ventures is a global investment firm that supports entrepreneurs across seed, venture, and growth stages. With a significant investment capacity, they focus on a wide range of technologies and businesses for both enterprises and consumers, including software, digital brands, hardware, and deep tech.
Entrepreneur Venture
Entrepreneur Venture is a venture capital firm that provides advisory services to early and mid-stage companies. Their focus is on supporting the development and growth of emerging businesses within the technology and innovation sectors.
123 Investment Managers
123 IM is a capital investment management company dedicated to facilitating investments in unlisted French companies. They focus on combining financial performance with sustainability goals, supporting entrepreneurs and fostering economic growth through diversified investment funds.
What's next for Alltricks?
The recent major strategic investment signifies a pivotal moment for Alltricks, likely enabling the company to further enhance its product offerings, expand its market reach, and potentially invest in technological advancements to improve its e-commerce platform. This infusion of capital is expected to fuel continued growth and solidify its position as a key player in the specialized online retail market for cycling and running gear, potentially leading to further expansion into new product categories or geographical markets.
See full Alltricks company page
