Turnover: 3.5 million EUR (2023)
Country: France
- Technological solution for connecting electric bikes
- Ambition is to become the leader in connected mobility in Europe by 2025.
- 40 employees
News
Velco strengthens its ecosystem for connected bikes 15/01/2024
- Velco is a company with 35 employees.
- It has raised 2 million euros in capital.
- Over 60,000 bicycles have been equipped with its solutions since its commercial launch in 2020.
- The system developed by Velco can trigger a 104-decibel alarm.
- Velco has partnerships with ten electric bicycle engine manufacturers.
- Velco's sales were expected to reach 3.5 million euros in 2023.
- Velco expects to reach profitability in 2025.
- Exports accounted for 25% of the company's sales in 2023, a proportion that should rise to 35 or 40% by 2024.
- Velco's annual growth rate is 50%.
Velco, pioneer of connected bicycles, speeds up with Valeo 20/03/2023
- - 45 employees
- - 2.6 million euros in sales by 2021
- - 5 million euros in fund-raising by 2021
- - 25 "bike makers
- - Contracts signed with Fuell and Vvolt in the United States
Studies mentioning this company
The electric bicycle market - France
Other companies mentioned:
- Velo Electrique France.fr
- Go Sport France
- Easybike Solex - Rebirth Groupe
- O2Feel
- ISD (INDUSTRIE SERVICE DEBEAU)
- Vélo Batterie- Batteries Prod
- Bybike.fr
- Angell Bike (Zebra)
- Cyclable
- Motto
- Upway
- VelyVelo
- Redwill
- Dance Vélo
- Arcade Cycles
- Velco tech
- Gaya Bike
- Neomouv
- Batteries Prod
- Haibike
- Cube Bikes
- Lapierre Cycles (Accell Group)
- Giant Bicycles
- Look Cycle
- Canyon
- Le Marché du Vélo
- Moustache Bikes
- Sunn
- Gitane Cycles
- Vanmoof
- Morio
- 279 le marché du vélo électrique en France
- Decathlon Groupe
- Intersport International
- Altermove (Mobivia Groupe)
- Mobivia Groupe (Norauto, Midas)
- SEB Groupe
- Stations Bee's
- Voltaire Vélo
- Plume Mobility
- Smovengo Velib
- HubUR