How Much Did Elevation Cycles Raise?
Funding & Key Investors

Elevation Cycles has secured a significant strategic investment, contributing to its total funding of $150K. The company recently announced a funding round of $150K on May 1, 2020, marking a key moment in its growth trajectory. This latest capital infusion underscores the company's established presence and potential for future expansion within the cycling community.

What is Elevation Cycles?

Elevation Cycles
RetailSporting & Recreational Equipment RetailConsumer Services

Elevation Cycles operates as a community-focused organization dedicated to serving passionate cyclists. The company emphasizes the contagious nature of cycling passion, the value of shared knowledge, and the liberating experience of riding a bicycle. Whether assisting with a bike's initial setup, preparing for a long-distance century ride, or aiming for competitive racing success, Elevation Cycles positions itself as a partner in every cyclist's journey. Their commitment extends from beginner support to advanced performance tuning, fostering a comprehensive cycling ecosystem.

How much funding has Elevation Cycles raised?

Elevation Cycles has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Elevation Cycles

PPP

Public-Private Partnership

What's next for Elevation Cycles?

With its recent strategic investment and substantial total funding, Elevation Cycles is poised for accelerated growth and enhanced community engagement. The company's focus on shared passion and expert support suggests a strategic direction towards expanding its service offerings and potentially its geographic reach. Future initiatives may include developing new community programs, enhancing digital platforms for knowledge sharing, or forging partnerships that further solidify its position as a leader in the cycling sector. The company's commitment to serving its community indicates a sustainable growth model focused on customer loyalty and organic expansion.

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Frequently Asked Questions Regarding Elevation Cycles Financial Insights

What are the most recent funding rounds that Elevation Cycles has completed, and what were the funding rounds?
Elevation Cycles has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Elevation Cycles has raised to date?
Elevation Cycles has raised a total of $150K in funding to date.
How many funding rounds has Elevation Cycles completed?
Elevation Cycles has completed 1 funding rounds.
How much funding did Elevation Cycles raise in its most recent funding round?
Elevation Cycles raised $150K in its most recent funding round.
Who are the lead investors in Elevation Cycles's latest funding round?
The lead investor in Elevation Cycles's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Elevation Cycles's history?
The largest funding round in Elevation Cycles's history was $150K.
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