Upway

Upway

Private
Brooklyn, New YorkMobility, Transportation & Logisticswww.upway.co

Last Round

Series C

Nov 6, 2025

Est. Valuation

$400M

Total Funding Raised

$120.7M

Company Overview

Upway is a sustainable transportation company offering certified, refurbished e-bikes to make electric mobility affordable and accessible for all.

Sector

Mobility, Transportation & Logistics

Verticals

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

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

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Caplight Momentum Score

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Upway Comps

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

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Upway Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series CNov 6, 2025
Series BNov 16, 2023
Series AJun 1, 2022
SeedNov 30, 2021

Upway Investors

Notable investors and investment history

InvestorRounds
Global Founders CapitalSeries A, Seed
Korelya CapitalSeries C, Series B
Transition VenturesSeries C
Galvanize Climate SolutionsSeries C
Sequoia CapitalSeries B, Series C, Seed, Series A
Ora GlobalSeries C
A.P. Moller HoldingSeries C

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.

Upway Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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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

HeadquartersBrooklyn, New York
Year Founded2021
Last FundingNov 6, 2025

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