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Absolute Cycling

(€750K already committed) Absolute Cycling will launch the smartest cycling computer in the world end of 2023. Built on innovation and with a passion for cycling, Absolute Cycling is Reinventing Your Ride!

Basic details

Amount raising
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Last updated:
April 17, 2023

Key Achievements

  • The production process at our Dutch production partner Variass is in place and ready for scale up. In March 2023, 30 cycling computers have been successfully produced. After successful tests, another 180 computers will be produced in April. These computers will be part of an extensive field test campaign to finalize and optimize the software. After the test campaign Absolute Cycling will ramp up to 1.000 computers a month.
  • With only a small marketing budget, Absolute Cycling collected >10 thousand followers on newsletter and socials and there has been a lot of media attention on blog, cycling magazines and websites. Absolute Cycling is already on the radar and got a lot of interest from professional cycling (world tour) teams and tier A brands in cycling.

Premium Details Available

  • Growth rate (month over month)
  • Growth rate (month over month)
  • Monthly Revenue Range
  • Contextual explanation on monthly revenues
  • Number of paying customers
  • Number of active users
  • Percentage of company owned by founders
  • Amount raised in the past
  • Is there a lead investor?
  • Amount in this round already committed
  • When aiming to close this round?
  • Percentage of their time founders are spending on this.
  • Is there a founder with previous c-level or founder experience?
  • Is there a founder with exit experience?
  • Is there a founder with previous sector experience?
  • Is there a women founder with at least 5% in the team?
  • Year founded
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Premium Details

(Data is self reported)
Monthly Revenue
Growth rate month over month
Monthly revenue context
Number of paying customers
Monthly active users
How much have you raised in the past?
Business Angels: 2.950.000Subsidy's: 1.010.297External loans: 940.700
Do you have a lead investor?
How much of this round already committed?
When are you aiming to close this round?
Patent status
Our Absolute Positioning Technology (APT) is patented
Year founded
How much time do the founders spend on the business?
Is there a founder with previous co-founder / c-level at startup experience?
Is there a founder with previous Sector Experience?
Is there a founder with previous Exit Experience?
What percentage of company is owned by founders?
<50% owned by founders
Is there a women founder with at least 5% of the shares?
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
None of these
Graduation year from EUR, Erasmus MC or TUDelft

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