Fundraising Fox

Cycle

Techstars '20

Berlin, DE · Founded 2018 · 170 employees on LinkedIn · 8 known investors

Cycle.eco builds emission-free local transportation solutions for urban areas, focusing on decarbonizing city transport and replacing polluting vehicles and congestion. The company serves businesses and individuals needing sustainable goods and passenger transport with reduced environmental impact.

Also known as CYCLE · GetHenry

Founders & leadership

Cycle was founded in 2018 by Luis Orsini-Rosenberg.

LO
Luis Orsini-RosenbergFounder

Investors · 8

Also in the syndicate · 4

APXEnBW New VenturesLocal GlobeScania Growth Capital (East Hill Equity)lead

Company profile

researched Aug 2026

CYCLE (cycle.eco) is a Berlin-headquartered electric mobility company that designs, produces and supplies utility e-bikes to last-mile delivery businesses, restaurants and individual couriers, bundling the vehicle with service, maintenance and fleet software. Subscriptions are all-inclusive: repairs and maintenance are carried out by in-house mechanics either at CYCLE workshops or at the customer's location, and a "Peace of Mind" package adds theft protection with GPS tracking, remote motor control and reduced insurance deductibles. Customers pick a vehicle, manage the membership through CYCLE's mobile app, and report damage or book service appointments in the app; repairs are targeted at a maximum of 60 minutes, with a replacement bike swapped in when that is not achievable.

The fleet mixes models engineered in-house with models sourced from partners. The website lists the 20FIFTY S, 20FIFTY M and 20FIFTY L (long-tail cargo bike with torque sensor), RadRunner X and Tonda X fat-tyre e-bikes, Tonda +, CYCLE One and GEN3, with advertised entry prices from EUR 109 to EUR 159 per month and ranges of up to about 120 km. The 20FIFTY, introduced around the 2023 Series A, was described as carrying loads of up to 200 kg. Alongside vehicle rental, the company offers leasing and purchase options as well as damage-reporting and fleet-management software that gives customers real-time status data on their fleet.

The company previously operated as GetHenry from Vienna before renaming to CYCLE and moving its headquarters to Berlin. It has also tested a consumer e-bike subscription in Berlin and Vienna, but has kept its focus on the B2B segment.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual kilometres ridden on CYCLE e-bikesJan 2025200,000,000 km/year
Cities servedJan 2025200 cities
Countries of operationJan 20234
Fleet size under managementJan 202514,000 bikes

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Uber217 shared keywordsUber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.
Lime198 shared keywordsLime operates a shared micromobility service offering short-term rentals of electric bikes and scooters. It serves urban riders across more than 230 cities in nearly 30 countries.
Ridezoomo189 shared keywordsZoomo is a company that offers region-specific services across North America, Europe, and Asia Pacific, but the page shown is only a region selector with no description of its actual product or business.
Whizz166 shared keywordsWhizz provides delivery riders and gig workers in the US with access to e-bikes and other high-cost work equipment through financing options for those who can't use traditional lenders. The company operates physical hubs and partner shops offering repairs and battery swap stations.
Rybit139 shared keywordsRybit leases e-bikes to individuals, businesses, and governments, offering subscriptions, micro-mobility fleet systems for last-mile delivery and corporate leasing, and managed public shared-mobility programs. Founded in Taiwan, the company builds its own bikes, software, and IoT technology in-house and operates across Europe, the US, and Asia.
Lyft105 shared keywordsLyft is an on-demand ridesharing platform that connects passengers with drivers for various ride types, including standard rides, premium options, and other transportation services. The company also offers membership programs, business solutions, and community-focused services.
Ridepanda104 shared keywordsRidepanda offers an employer-sponsored subscription program for pedal bikes, e-bikes, and e-scooters from brands like Specialized, Cannondale, and Brompton, with plans including theft coverage, maintenance, and safety add-ons. It provides employers a platform to subsidize commuter vehicle benefits, track usage and CO2 offset, and supports riders through in-person service hubs.

Companies competing with Cycle for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Jan 2023
Plans for UK expansion and diversification into parcel and pharma logistics

Following the Series A, Cycle stated it intended to expand into the United Kingdom, grow further in Europe and add letter/parcel logistics and pharmaceutical delivery customers alongside food and grocery delivery.

source ↗

Jan 2023
Series A of USD 11.3M (approx. EUR 10M) led by Scania Growth Capital

Cycle raised USD 11.3 million (about EUR 10 million) in a Series A led by Scania Growth Capital (East Hill Equity), with Local Globe, EnBW New Ventures, Visionaries Club, Third Sphere, Founder Collective, APX and the SpeedUp Venture Capital Group participating. Proceeds were earmarked for European expansion, entry into the UK, product range extension and diversification into parcel and pharmaceutical delivery customers.

$11.3M source ↗

Jan 2023
Rebrand from GetHenry to Cycle and relocation of headquarters to Berlin

The company, formerly operating as GetHenry from Vienna, now trades as Cycle with headquarters in Berlin.

source ↗

Jan 2023
Launch of the 20FIFTY e-bike

Cycle introduced the 20FIFTY e-bike, with a stated load capacity of up to 200 kg and a high-capacity battery.

source ↗

May 2022
Seed round of EUR 16.5M (equity plus debt)

Seed financing totalling EUR 16.5 million, composed of EUR 10 million equity and EUR 6.5 million debt.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Cycle do?
CYCLE runs a full-service electric utility bike subscription for last-mile delivery fleets and couriers in Europe.
Who founded Cycle?
Cycle was founded by Luis Orsini-Rosenberg in 2018.
Who are Cycle's investors?
Cycle's investors include Heartfelt Capital, Techstars, Third Sphere, Visionaries Club.
Where is Cycle headquartered?
Cycle is headquartered in Berlin, DE.