How Much Did PARLEE Cycles Raise?
Funding & Key Investors

PARLEE Cycles, a manufacturer of high-performance carbon fiber bicycles, has secured $150K in total capital. The company recently announced a major strategic investment of $150K, underscoring its position in the premium cycling market. This latest financing round signifies a significant milestone for the brand, known for its custom-built, performance-oriented frames.

What is PARLEE Cycles?

PARLEE Cycles
ManufacturingAutomotive PartsSporting Goods

Parlee Cycles specializes in crafting high-performance carbon fiber bicycles, designed by Bob Parlee and hand-built by skilled craftspeople. The company offers a range of models including road, all-road, and gravel bikes, with a unique build-to-order process that allows for extensive customization. Intended clients are cycling enthusiasts who value both performance and comfort in their rides. Parlee also provides a custom paint lab, enabling customers to personalize their bikes with unique designs.

How much funding has PARLEE Cycles raised?

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

2020

Debt

$150K

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

Key Investors in PARLEE Cycles

PPP

Public-Private Partnership

What's next for PARLEE Cycles?

With its recent strategic investment and substantial total funding, PARLEE Cycles is poised for accelerated growth and market expansion. This capital infusion is expected to fuel further innovation in materials science and aerodynamic design, enhancing their competitive edge in the high-performance bicycle sector. The company's focus on customization and premium craftsmanship, combined with this significant backing, positions it for continued success in catering to discerning cycling enthusiasts.

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Frequently Asked Questions Regarding PARLEE Cycles Financial Insights

What are the most recent funding rounds that PARLEE Cycles has completed, and what were the funding rounds?
PARLEE Cycles has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding PARLEE Cycles has raised to date?
PARLEE Cycles has raised a total of $150K in funding to date.
How many funding rounds has PARLEE Cycles completed?
PARLEE Cycles has completed 1 funding rounds.
How much funding did PARLEE Cycles raise in its most recent funding round?
PARLEE Cycles raised $150K in its most recent funding round.
Who are the lead investors in PARLEE Cycles's latest funding round?
The lead investor in PARLEE 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 PARLEE Cycles's history?
The largest funding round in PARLEE Cycles's history was $150K.
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