How Much Did Re-Cycle Raise?
Funding & Key Investors

Re-Cycle has secured $57K in total funding, with a recent injection of $57K in substantial expansion capital. This significant investment marks a pivotal moment for the company, likely indicating a Series B/C stage of growth as they scale operations.

What is Re-Cycle?

Re-Cycle
RetailAutomobile DealersSporting & Recreational Equipment Retail

Re-Cycle, operating as Recovery Bike Shop, is a community-focused enterprise specializing in the sale and repair of bicycles. Their mission is to enhance urban mobility and public spaces by offering a diverse range of new and used bikes, including e-bikes, suitable for city commuting in Minneapolis. The company also provides comprehensive repair services and a wide selection of parts, aiming to foster a greater adoption of cycling.

How much funding has Re-Cycle raised?

Re-Cycle has raised a total of $57K across 1 funding round:

2021

Debt

$57K

Debt (2021): $57K with participation from PPP

What's next for Re-Cycle?

With the recent influx of substantial expansion capital, Re-Cycle is poised for significant growth. This financing is expected to fuel strategic initiatives, potentially including the expansion of their product lines, enhancement of repair services, and broader market penetration within Minneapolis and surrounding areas. The company's focus on community empowerment and sustainable transportation suggests a trajectory towards becoming a leading regional provider of cycling solutions.

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Frequently Asked Questions Regarding Re-Cycle Financial Insights

What are the most recent funding rounds that Re-Cycle has completed, and what were the funding rounds?
Re-Cycle has recently completed 1 funding rounds: Debt on Jan 16, 2021.
What is the total amount of funding Re-Cycle has raised to date?
Re-Cycle has raised a total of $57K in funding to date.
How many funding rounds has Re-Cycle completed?
Re-Cycle has completed 1 funding rounds.
How much funding did Re-Cycle raise in its most recent funding round?
Re-Cycle raised $57K in its most recent funding round.
Who are the lead investors in Re-Cycle's latest funding round?
The lead investor in Re-Cycle'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 Re-Cycle's history?
The largest funding round in Re-Cycle's history was $57K.
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