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
  • E-Road