How Much Did Overmountain Cycles Raise?
Funding & Key Investors

Overmountain Cycles has secured $15K in total investment, with its most recent financing round bringing in $15K in moderate growth capital. This strategic backing positions the company for continued expansion within the cycling industry.

What is Overmountain Cycles?

Overmountain Cycles
RetailSporting & Recreational Equipment RetailConsumer Services

Overmountain Cycles is a comprehensive cycling hub based in Morganton, NC, offering professional bike repairs, rentals, and a diverse selection of bicycles for mountain, gravel, and bikepacking enthusiasts. The company cultivates a welcoming atmosphere for all cyclists and actively promotes community engagement through shop rides and events, such as the Barnburner 50k. Their focus extends beyond retail to fostering a vibrant local cycling culture.

How much funding has Overmountain Cycles raised?

Overmountain Cycles has raised a total of $15K across 1 funding round:

2021

Debt

$15K

Debt (2021): $15K with participation from PPP

What's next for Overmountain Cycles?

Operating at a Series A/B growth stage, Overmountain Cycles is poised to leverage its recent capital infusion for strategic scaling. The company's commitment to community building and diverse cycling disciplines suggests a trajectory focused on expanding its service offerings, potentially increasing inventory, and enhancing its event programming to capture a larger market share. Future investment will likely support operational enhancements and broader market outreach.

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Frequently Asked Questions Regarding Overmountain Cycles Financial Insights

What are the most recent funding rounds that Overmountain Cycles has completed, and what were the funding rounds?
Overmountain Cycles has recently completed 1 funding rounds: Debt on Mar 5, 2021.
What is the total amount of funding Overmountain Cycles has raised to date?
Overmountain Cycles has raised a total of $15K in funding to date.
How many funding rounds has Overmountain Cycles completed?
Overmountain Cycles has completed 1 funding rounds.
How much funding did Overmountain Cycles raise in its most recent funding round?
Overmountain Cycles raised $15K in its most recent funding round.
Who are the lead investors in Overmountain Cycles's latest funding round?
The lead investor in Overmountain 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 Overmountain Cycles's history?
The largest funding round in Overmountain Cycles's history was $15K.
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