LET'S RIDE

Indoor Cycling Fitnessletsride.fr

LET'S RIDE is a Paris-based boutique indoor cycling fitness studio founded in 2015, offering intense 45-minute full-body fixed-bike classes to urban fitness consumers. It was co-founded by Jonathan Garret and Nicolas Chabrier and raised ~$2.23M from Otium Capital in 2016.

Company typePrivate
Founded2015
HeadquartersParis, France
Headcount11–50
GTM typeB2C
OfferingServices

What LET'S RIDE does

LET'S RIDE is a Paris-based boutique indoor cycling fitness studio founded in 2015. The company operates a defined class format — a "classy, intense and liberating" 45-minute session built around full-body conditioning on fixed bikes — targeting urban fitness consumers seeking premium cycling-based cardio. The firm is structured as a private, for-profit business headquartered in Paris, France, with a workforce in the 11–50 range, consistent with a small-to-mid-sized single- or limited-location studio operator.

The business was co-founded by Jonathan Garret and Nicolas Chabrier. In October 2016, LET'S RIDE raised approximately $2.23 million in external capital from Otium Capital, the only disclosed funding event on record. The company sells classes directly to individual fitness consumers through its own studio channels; there is no evidence of licensing, franchising, at-home digital product lines, or B2B wellness partnerships.

A significant data integrity issue must be flagged: the official domain letsride.fr currently resolves to a Nameshift.com (Rijswijk, Netherlands) landing page listing the unrelated "sveltekit-prerender" domain for sale via escrow. This appears to be either an aggregation artifact, a domain parking event, or signal that the company has wound down primary digital operations. Operating status as of the input's reference period cannot be confirmed from the available evidence.

LET'S RIDE firmographics

Firmographics

Name: LET'S RIDE
Legal name: Nameshift.com
Website: https://letsride.fr
Company type: Private
Founded year: 2015
Operating status: Operating
Headcount range: 11–50 employees
Short description: LET'S RIDE is a Paris-based boutique indoor cycling fitness studio founded in 2015, offering intense 45-minute full-body fixed-bike classes to urban fitness consumers. It was co-founded by Jonathan Garret and Nicolas Chabrier and raised ~$2.23M from Otium Capital in 2016.
Ownership category
akta.pro rank

LET'S RIDE industry classification

Industry

Product category: Indoor Cycling Fitness
NAICS: Fitness and Recreational Sports Centers (71394), Fitness and Recreational Sports Centers (713940)
SIC: Services-Membership Sports & Recreation Clubs (7997), Services-Miscellaneous Amusement & Recreation (7990)
akta.pro primary industry: Cycling/Spin Classes (HSADABAE)
akta.pro secondary industries: Endurance & Running/Cycling Training (HSADAAAG), Bike Fit, Performance & Training Retail/Studios (CRAMAHAI)

Keywords

Indoor cycling classes
Spin fitness studios
Group fitness training
Boutique fitness
Cardio workout sessions

Where LET'S RIDE is headquartered

Location

Headquarters

HQ city: Paris
HQ country: France
HQ region: Europe

Offices1 record

Markets served

LET'S RIDE business model

Business model

GTM type: B2C
Offering type: Services
Cost components: Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

Seller Commission: Nameshift.com charges commission to domain sellers for facilitating the transaction. Buyers pay no fees for using the service - only the purchase price of the domain.

Pricing tiers

Model	Billing	Price
Other	Pay-as-you-go	Buyer service - free
Transaction based/ take rate	Pay-as-you-go	Seller commission - fee-based

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

LET'S RIDE product offering

Product offering

Core offering

LET'S RIDE operates a boutique fitness studio that delivers 45-minute indoor cycling (spin) classes on fixed stationary bikes. Each session is described as classy, intense, and liberating, providing a full-body workout in a structured group class format for individual consumers in Paris.

Product overview

Nameshift operates a domain marketplace where buyers can purchase domain names through an escrow-protected process. The service is free for buyers—sellers pay the commission. Key features include free domain transfer service, free assistance, and free VAT invoices. The average domain transfer time is 24 hours. The platform supports multiple payment methods including VISA, Mastercard, American Express, Discover, Bank transfer, and region-specific options like Bancontact (Belgium), iDEAL (Netherlands), EPS (Austria), and UnionPay/JCB (Asia).

Differentiator

Problem solved

Functional benefit

Products and services

Indoor Cycling (Spin) Classes 45-minute high-intensity indoor cycling (spin) classes on fixed stationary bikes, designed as classy, intense, and liberating full-body group workouts. Targeted at individual fitness consumers in Paris.

Companies that use LET'S RIDE

Customer profile

Segments2 records

Ideal customer profiles1 record

LET'S RIDE technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

LET'S RIDE partnerships and signals

Strategic signal

Recent moves3 records

Expansion highlights3 records

LET'S RIDE competitors and assessment

Company assessment

Broad incumbents

SoulCycle: Iconic US-based premium indoor cycling chain with a single 45-minute fixed-bike class format, near-identical positioning to LET'S RIDE, but operating as a multi-city national brand rather than a single-market operator.
Barry's Bootcamp: Global premium boutique fitness operator with a 'red room' cycling/treadmill interval concept. Comparable premium positioning and member economics, but a broader multi-format brand.
Peloton: Connected fitness platform combining indoor cycling hardware with live and on-demand classes. Represents the most material digital substitute for studio operators like LET'S RIDE, and the dominant force shaping demand for fixed-bike workouts.

Direct peers

Flywheel Sports: Premium indoor cycling studio concept built around a 45–60 minute fixed-bike class with performance metrics. Closely comparable business model and rider experience to LET'S RIDE.
CycleBar: US-based premium indoor cycling franchise operating single-format 45-minute classes. Highly comparable unit economics and member-class product to LET'S RIDE.
Le Wagga: Paris-based boutique fitness studio mixing indoor cycling and dance-cardio formats. Directly comparable premium positioning, Paris geography, and instructor-led group experience to LET'S RIDE.
Le Peloton de Paris: Paris-based indoor cycling studio operating a similar premium, fixed-bike class format with comparable instructor-led group sessions. The most direct geographic and product overlap with LET'S RIDE.

Emerging players

1Rebel: London-based premium boutique fitness brand offering 'Ride' (indoor cycling) alongside 'Reshape' (HIIT) classes. Comparable premium positioning and single-format class structure, though geographically focused on the UK.

Others

Keiser France: Manufacturer of indoor cycling bikes widely used in French boutique studios, including those with concepts like LET'S RIDE's. Functions as an equipment ecosystem participant rather than a direct competitor, but their hardware is foundational to the format.

Regional players

Ride Republic: German premium indoor cycling studio concept with single-format 45-minute rides. Comparable class design and premium member model, though operating in the German market rather than France.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key highlights5 records

Customer concentration

LET'S RIDE financial estimates

Financial estimate

Revenue estimate

Valuation estimate

LET'S RIDE leadership team

Management profile

Number of profiles

Profiles2 records

LET'S RIDE funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

LET'S RIDE M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LET'S RIDE

What does LET'S RIDE do?

When was LET'S RIDE founded?

LET'S RIDE was founded in 2015. It employs 11 to 50 people.

Where is LET'S RIDE based?

LET'S RIDE is headquartered in Paris, France, in the Europe region.

How does LET'S RIDE make money?

One revenue line is on record: seller Commission.

Who are LET'S RIDE's main competitors?

Broad incumbents on record are SoulCycle, Barry's Bootcamp and Peloton. Direct peers are Flywheel Sports, CycleBar, Le Wagga and Le Peloton de Paris. 1Rebel is listed as an emerging player. Keiser France is listed as an others. Ride Republic is listed as a regional player.

Does LET'S RIDE have an API?

No public API is recorded for LET'S RIDE.

What industry is LET'S RIDE in?

LET'S RIDE's product category is Indoor Cycling Fitness. Its primary akta.pro industry code is HSADABAE, Cycling/Spin Classes, with a secondary code of HSADAAAG, Endurance & Running/Cycling Training. Its NAICS code is 71394 and its SIC code is 7997.