Upway

Private

ParisConsumer & Commercehttps://upway.co/

Last Round

Series C

Nov 6, 2025

Est. Valuation

$400M

Total Funding Raised

$150M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Upway is a sustainable transportation company that operates an online marketplace for certified, refurbished electric bicycles.

Sector

Consumer & Commerce

Verticals

E-commerce, Micro-Mobility, Circular Economy, D2C Brands

Business Model

B2C

Customer Profile

Hardware Sales, Hardware + Subscription

AI Layer

Non-AI

Keywords

refurbished e-bikese-bike marketplaceused e-bikesCarvana for e-bikesrecommercee-bike trade-incertified pre-owned e-bikese-bike reconditioningcircular economymicro-mobilityD2C e-commercee-bike subscription

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Upway Comps

Public and private peers based on sector, stage, and business model.

Upway comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Upway Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series C	Nov 6, 2025
Series C	Nov 6, 2023
Series A	May 31, 2022
Seed	Nov 29, 2021

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Upway Investors

Notable investors and investment history

Upway investors
Investor	Rounds
Global Founders Capital	Series A, Seed
Korelya Capital	Series C
Global Founders Capital	Seed
Transition Ventures	Series A, Series C
Galvanize Climate Solutions	Series C
Sequoia Capital	Series C, Seed, Series A
Ora Global	Series C

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Market signals

Structured signals derived from secondary market and firmographic data.

Mar 26, 2026
Became the official partner of USA Cycling.
Mar 16, 2026
Launched 'Upway Flex' e-bike subscription program in the US.

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Upway Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Upway Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Upway's valuation, stock price, and market status.

Firmographic Details

HeadquartersParis

Year Founded2021

Last FundingNov 6, 2025

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