Cycle Exchange secures £2.4m in funding from Beringea to expand its UK operations and enhance its technology platforms.
Amount Raised
£2.4 Million
Round Type
Seed
LondonManufacturingSportsInvestors
Description
Cycle Exchange, the UK's leading resale platform for premium pre-owned bikes, has received £2.4m from Beringea. This funding will help the company scale its presence across the UK and improve its refurbishment and servicing operations. The investment aims to enhance technology platforms as well. Founded by Matt Connelley, Cycle Exchange addresses the market's demand for high-quality pre-owned bikes.
Quick answer
Cycle Exchange raised £2.4 Million in a Seed round, dated December 15, 2025. Investors: Beringea. Cycle Exchange is based in London, England, United Kingdom.
- How much did Cycle Exchange raise?
- Cycle Exchange raised £2.4 Million in a Seed round on December 15, 2025.
- Who invested in Cycle Exchange?
- Beringea is named as investors in this round.
- What does Cycle Exchange do?
- Cycle Exchange is a leading destination for cyclists worldwide, operating both online and in store to make buying, selling, and exchanging bikes simple, safe, and fair.
- Where is Cycle Exchange based and how big is it?
- Cycle Exchange is based in London, England, United Kingdom.
- Who are the decision-makers at Cycle Exchange?
- Fundz holds 2 contacts at Cycle Exchange. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sports and Manufacturing around the same time
Companies in the same sectors as Cycle Exchange that raised within 45 days of this round, from Fundz verified event records.
- NOBULL raised $50M (Funding Round) on January 20, 2026.
- Hadrian raised $131M on December 19, 2025.
- Michael Waltrip Brewing raised $5M on December 18, 2025.
- Entellus Industries raised $5.4M (Funding Round) on January 29, 2026.
- LeydenJar raised $9.3M on January 29, 2026.
- RobCo raised $100M (Series C) on January 29, 2026.
Who to call at Cycle Exchange, and when
A new round usually means Cycle Exchange is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cycle Exchange raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cycle Exchange, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Cycle Exchange. With Fundz connected, it knows.
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Fundz sees it the moment Cycle Exchange raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Cycle Exchange raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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