Bicycle Capital
Bicycle Capital is a Miami-based growth equity firm that invests $75M-$405M+ per deal in global AI, cybersecurity, and fintech companies at Series B through D stages, led by former SoftBank executives.
- Company typePrivate
- Founded2022
- HeadquartersMiami, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Bicycle Capital does
Bicycle Capital is a growth equity investment firm founded in 2022 and headquartered in Miami, Florida. The firm deploys capital into global AI, cybersecurity, and fintech companies at Series B through Series D stages, writing checks ranging from $75 million to over $405 million and typically leading or co-leading rounds. Founded by former SoftBank executive Shu Nyatta, the firm positions itself as a partner for high-growth technology companies requiring substantial late-stage capital.
Bicycle Capital's disclosed portfolio includes Dream (a sovereign AI and cyber defense company valued at $3 billion), Plata (a Mexican digital bank valued at $5 billion), Glean (an enterprise AI platform valued at $7.2 billion), and PicPay (a Brazilian fintech that completed a Nasdaq IPO at approximately $2.5-2.6 billion). The firm has co-invested with notable partners including Group 11, Bain Capital Ventures, Wellington Management, Khosla Ventures, Qatar Investment Authority, BTG Pactual, and Morgan Stanley, reflecting a strategy of syndication with sovereign wealth, crossover, and regional specialist investors.
As a venture capital and growth equity firm, Bicycle Capital generates revenue through traditional fund management economics: annual management fees on committed capital and carried interest on realized gains from portfolio exits. The firm operates with 1-10 employees and maintains a deliberately limited public marketing footprint, sourcing deals through founder networks, co-investor relationships, and participation in industry forums such as the IDB Group's FinnLAC. Geographic exposure spans the United States, Latin America (Mexico, Brazil), the Middle East, Europe, and Asia.
Bicycle Capital firmographics
Firmographics- Name
- Bicycle Capital
- Legal name
- Bicycle Capital
- Website
- https://bicycle.capital
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Bicycle Capital is a Miami-based growth equity firm that invests $75M-$405M+ per deal in global AI, cybersecurity, and fintech companies at Series B through D stages, led by former SoftBank executives.
- Ownership category
- akta.pro rank
Bicycle Capital industry classification
Industry- Product category
- Growth Equity / Venture Capital
- NAICS
- Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industry
- Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)
Keywords
Where Bicycle Capital is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Markets served
Bicycle Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Management Fees: VC/PE firms typically charge 1.5-2% annual management fees on committed capital during the investment period, with fees declining in later years.
- Carried Interest: Bicycle Capital earns carried interest (typically 20%) on profits from successful portfolio company exits, aligning fund manager incentives with LP returns.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Bicycle Capital product offering
Product offeringCore offering
Bicycle Capital is a growth-equity investment firm that deploys large equity checks (typically $75M to $405M+) into high-growth AI/cybersecurity and fintech companies at Series B through Series D stages. The firm leads or co-leads funding rounds and provides strategic guidance as portfolio companies scale, with a particular focus on Latin American markets alongside global investments. Revenue is generated through management fees on committed LP capital and carried interest on successful exits.
Product overview
Bicycle Capital is a growth-equity investment firm, formerly associated with SoftBank executives, that focuses on investing in technology companies across fintech, AI, and enterprise software sectors. The firm does not offer a technology product platform; rather, it provides capital investment and growth support to portfolio companies including Dream (sovereign AI and cybersecurity), Plata (digital banking), Glean (enterprise AI search), and PicPay (Brazilian fintech).
Differentiator
Problem solved
Functional benefit
Products and services
- Growth Equity Capital (AI/Cybersecurity) Growth-equity investment capital of $75M to $260M+ deployed as lead or co-lead investor into high-growth AI and cybersecurity companies at Series B through Series D stages. Targeted at founders of sovereign AI, enterprise AI, and cyber defense companies scaling into global markets.
- Growth Equity Capital (Fintech/Digital Banking) Growth-equity investment capital of $75M to $405M+ deployed as lead or co-lead investor into Latin American fintech and digital banking companies. Targeted at founders of digital-native financial services companies seeking capital for licensing, geographic expansion, and customer acquisition scaling. Includes anchor commitments to public market IPOs (e.g., PicPay Nasdaq IPO).
Companies that use Bicycle Capital
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Bicycle Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Bicycle Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Inter-American Development Bank (IDB) GroupminorBicycle Capital participated in the FinnLAC Forum 2025 organized by IDB Group, exploring financial innovation opportunities in Latin America and the Caribbean. This positions Bicycle Capital as a thought leader in the fintech investment space.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Bicycle Capital competitors and assessment
Company assessmentDirect peers
- Ribbit Capital: Venture and growth investor specializing exclusively in fintech globally. Both target high-growth digital financial services at Series B+ stages, including Latin American opportunities.
- Tiger Global Management: Aggressive late-stage investor in internet, software, and fintech businesses with check sizes overlapping Bicycle Capital's $75M–$400M range. Both compete in growth-stage AI/fintech globally.
- QED Investors: Fintech-focused growth investor with deep LatAm exposure and large-check capability at growth stages. Overlaps with Bicycle Capital's Plata and PicPay-style digital banking thesis.
- SoftBank Vision Fund: Mega-fund growth-equity platform led by former SoftBank colleagues of founder Shu Nyatta. Both deploy $100M+ checks in AI and fintech globally at growth stage, sharing investor DNA and deal-flow networks.
- General Atlantic: Long-standing growth-equity investor writing large checks into high-growth tech and fintech companies. Both target Series B–D AI and financial services opportunities globally with lead-investor positioning.
- Kaszek Ventures: Latin America's leading tech venture firm investing from seed to growth across the region. Directly competes with Bicycle Capital for LatAm fintech and enterprise deals, especially in Brazil and Mexico.
- Insight Partners: Growth-equity and late-stage software investor with a focus on enterprise AI and SaaS. Operates in the same Series B–D sweet spot as Bicycle Capital and frequently co-invests with similar syndicates.
- Coatue Management: Tech-focused crossover and growth investor writing large checks into AI, fintech, and enterprise software at late stages. Competes directly with Bicycle Capital for the same asset class.
Broad incumbents
- Silver Lake: Large-scale technology-focused growth and buyout investor. Operates at larger check sizes and more mature stages than Bicycle, but competes in overlapping enterprise technology and fintech domains.
- Andreessen Horowitz (a16z): Multi-stage venture firm with significant growth-equity capability in AI and fintech. Wider mandate and earlier-stage presence than Bicycle Capital but overlapping at growth rounds.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Bicycle Capital social profiles
Digital presenceBicycle Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bicycle Capital leadership team
Management profileNumber of profiles
Profiles1 record
Bicycle Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bicycle Capital M&A and investment
M&A and investmentM&A
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bicycle Capital
What does Bicycle Capital do?
Bicycle Capital is a growth-equity investment firm that deploys large equity checks (typically $75M to $405M+) into high-growth AI/cybersecurity and fintech companies at Series B through Series D stages. The firm leads or co-leads funding rounds and provides strategic guidance as portfolio companies scale, with a particular focus on Latin American markets alongside global investments. Revenue is generated through management fees on committed LP capital and carried interest on successful exits.
Is Bicycle Capital a public or private company?
Bicycle Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Bicycle Capital founded?
Bicycle Capital was founded in 2022. It employs 1 to 10 people.
Where is Bicycle Capital based?
Bicycle Capital is headquartered in Miami, United States, in the North America region.
How does Bicycle Capital make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are Bicycle Capital's main competitors?
Direct peers on record are Ribbit Capital, Tiger Global Management, QED Investors, SoftBank Vision Fund, General Atlantic, Kaszek Ventures, Insight Partners and Coatue Management. Broad incumbents are Silver Lake and Andreessen Horowitz (a16z).
Does Bicycle Capital have an API?
No public API is recorded for Bicycle Capital.
What industry is Bicycle Capital in?
Bicycle Capital's product category is Growth Equity / Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of BPAHADAG, Capital Raising Advisory (Debt/Equity/Private Capital). Its NAICS code is 5259 and its SIC code is 6282.