Upway
Electric Bikes for Sale | Up to 60% Off | 1-Year Warranty
Paris, France · Founded 2021 · $120.8M raised
- Headquarters
- Paris
- Employees
- 51–200
- Founded
- 2021
- Business Model
- Marketplace
- Website
- upway.co
- Total Funding
- $120.8M
- Last Round
- $60.0M Series CNov 2025
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 4 funding rounds and 5 investors for this company. The full record is or through the API.
About
Upway is an online marketplace for certified refurbished e-bikes, founded in July 2021 in Paris by former Uber executives Toussaint Wattinne and Stéphane Ficaja. The platform buys pre-owned e-bikes from individuals, retailers, and manufacturers, refurbishes them, and resells them at up to 60% off retail prices with a one-year warranty. Upway operates in nine markets across Europe and the United States, having refurbished and sold over 100,000 e-bikes.
Summary
Upway is an E-Commerce company based in Paris, France, founded in 2021. It has raised $120.8M in total across 4 rounds, most recently a $60.0M Series C round in Nov 2025. Investors include Sequoia Capital, A.P. Moller Holding and Korelya Capital.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Nov 2025
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Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
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