What is CycleHop?
CycleHop specializes in comprehensive bike share solutions, offering services that span consulting, planning, operations, technology, and equipment provision. Founded in 2011 and headquartered in Miami Beach, Florida, the company has positioned itself as a key player in facilitating and managing bike-sharing programs for various urban environments. Its integrated approach aims to streamline the deployment and maintenance of sustainable transportation options.
How much funding has CycleHop raised?
CycleHop has raised a total of $685K across 2 funding rounds:
Debt
$350K
Debt
$335K
Debt (2020): $350K with participation from PPP
Debt (2021): $335K led by PPP
Key Investors in CycleHop
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for CycleHop?
The recent major strategic investment suggests CycleHop is poised for an expansion phase, likely focusing on scaling its operational footprint and enhancing its technological offerings. This infusion of capital, following previous debt financing, indicates a transition towards growth-oriented strategies. The company's continued development in the bike share consulting and operations space signals an intent to solidify its market leadership and potentially explore new service verticals or geographic markets.
See full CycleHop company page
