Cykel Technologies Inc.

What Cykel Technologies Inc. does

Cykel Technologies Inc. (operating as CYKEL) is a Vancouver, British Columbia-based B2B technology company founded in 2022 that provides an end-to-end platform for managing electric micro-mobility fleets—specifically eBikes and eScooters—at hotels, resorts, and EV rental businesses. The platform is built around three integrated components: a plug-and-play hardware smart adapter called the Cykel Hub that converts existing electric vehicles into connected assets; CYKEL Connect, a cloud-based fleet management dashboard delivering real-time location, battery, usage, and maintenance data; and the CYKEL rider-facing mobile app, which enables QR-code unlocks, turn-by-turn navigation, and interactive tours, challenges, and events configured through an Experience creator tool.

The company generates revenue from two primary streams: one-time or unit-based hardware sales of the Cykel Hub adapter, and recurring software subscriptions covering the CYKEL Connect platform, the CYKEL App, and the Experience creator. Pricing is not publicly disclosed and is determined through a consultative, demo-anchored direct enterprise sales process, with contracts structured on a multi-year basis. The go-to-market motion is sales-led and vertical-specific, with dedicated partner solution pages for hotels, resorts, and EV rental shops, supported by content marketing (blog, newsletter) and organic social presence on LinkedIn, Facebook, and Instagram. The company has disclosed compatibility partnerships with Eevee (e-bike brand) and SP Connect (connectivity solutions), positioning itself as an interoperability layer across multiple EV OEMs rather than a vertically integrated vehicle manufacturer.

Cykel is incorporated under the laws of British Columbia, is privately held with no disclosed institutional funding or investors, and operates with a small team (1–10 employees) led by co-founder and CEO Daniel Godfrey. The company has not disclosed revenue, ARR, customer counts, patents, or AI/ML capabilities, and the available evidence base is limited to its public website, Terms of Service (last updated February 2025), and partner logo placements—constraining deeper visibility into commercial traction, capital structure, and technology differentiation.

Name

Cykel Technologies Inc.

Legal name

Cykel Technologies Inc.

Website

https://cykel.io

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Cykel Technologies Inc. is a Vancouver-based B2B SaaS and hardware company that provides hotels, resorts, and EV rental operators with a plug-and-play smart adapter (Cykel Hub), a cloud fleet management dashboard (CYKEL Connect), and a rider mobile app (CYKEL App) to activate and manage eBike and eScooter fleets.

Ownership category

akta.pro rank

Product category

Fleet Management Software

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Micromobility Rental Software & White-Label Platform Providers (THADAGAO)

akta.pro secondary industry

Guided Micromobility Tours & Experience Rentals (THADAGAH)

Keywords

• Fleet management software
• Micromobility platform
• EV fleet operations
• Connected bike adapters
• Rider experience software

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Supply Chain, Marketing or Sales, Operations

Revenue model

1. Hardware Sales (Smart Adapter): Sale of CYKEL Connect smart adapters that convert existing EVs into connected assets. Hardware is pre-configured and delivered ready for deployment.
2. Software Platform Subscription: Ongoing subscription access to CYKEL Connect fleet management platform, CYKEL App, and experience creator tools. Subscription likely tiered based on fleet size or feature access.
3. Fleet Experience Services: Premium experiences and interactive content (tours, challenges, events) that operators can offer to riders, potentially creating differentiation and additional revenue opportunities for fleet operators.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Cykel Technologies Inc. operates an end-to-end micromobility platform that combines a plug-and-play smart hardware adapter (Cykel Hub) with a cloud-based fleet management dashboard (CYKEL Connect) and a rider-facing mobile application (CYKEL App). The platform transforms existing eBikes and eScooters into connected, trackable assets for hospitality and rental operators, enabling real-time location monitoring, battery tracking, maintenance alerts, and interactive guest experiences such as self-guided tours and challenges.

Product overview

Cykel Technologies Inc. offers an end-to-end EV fleet management platform comprising three core service modules (Fleet Activation, Fleet Management, and Experience) supported by proprietary hardware (Cykel Hub smart adapter) and software (CYKEL Connect fleet dashboard and CYKEL App). The platform transforms existing eBikes and eScooters into smart, connected assets, enabling operators to monitor fleet operations in real-time, deliver personalized rider experiences, and manage maintenance alerts from a unified interface.

Differentiator

Problem solved

Functional benefit

Brands

• CYKEL Connect: Fleet management dashboard providing real-time insights, GPS location, maintenance alerts, and usage analytics for fleet operators.
• CYKEL Hub
• CYKEL App

Products and services

• CYKEL Connect Central fleet management dashboard providing real-time insights, GPS location tracking, battery monitoring, maintenance alerts, and operational analytics for EV fleet operators such as hotels, resorts, and rental shops.
• CYKEL App Mobile application for end riders providing QR code vehicle unlock, turn-by-turn navigation, ride tracking, self-guided tours, challenges, and personalized experiences.
• Cykel Hub Plug-and-play smart adapter hardware device that converts existing eBikes and eScooters into connected, GPS-tracked, security-enabled assets that integrate with the CYKEL Connect platform.
• Fleet Activation Onboarding service that transforms existing eBikes and eScooters into smart, connected assets by installing Cykel Hub adapters and connecting vehicles to the CYKEL Connect platform, deployable within one week.
• Fleet Management Managed fleet operations service providing real-time insights, location tracking, battery monitoring, maintenance alerts, geofence events, and operational control over EV fleets for hospitality and rental operators.
• Experience Software module enabling operators to design, launch, and deliver interactive tours, challenges, events, and points-of-interest stories to riders through the CYKEL App, driving higher usage and longer ride durations.

Quantifiable outcome

• Fleet activation completed in under 1 week
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Smoove: Smoove offers bike-share and micromobility fleet management hardware/software to cities and operators. Its integrated hardware-and-software stack mirrors CYKEL's approach to making existing fleets connected and operationally efficient.
• Vaimoo: Vaimoo provides eBike fleet management platforms and connected hardware for shared mobility and tourism operators. It is directly comparable to CYKEL in targeting hotel/resort and rental use cases with an end-to-end IoT stack.
• INVERS: INVERS provides connected vehicle technology and fleet management software for shared micromobility operators. It is the closest direct peer to CYKEL, offering hardware (ConnectBox) and cloud software for eBike and eScooter fleets serving overlapping operator customers.
• Beryl: Beryl operates and supplies connected bike-share schemes to cities and corporate partners in the UK. Its focus on operator-grade fleet operations with an integrated rider experience is closely analogous to CYKEL's hospitality rental positioning.
• Fluidtime: Fluidtime delivers fleet management, real-time passenger information, and MaaS platforms for public and shared mobility operators. It is comparable to CYKEL in providing operator-facing software for connected vehicle fleets.

Broad incumbents

• Ridecell: Ridecell provides a mobility operations platform spanning carsharing, ridesharing, and fleet management for shared mobility operators. It competes with CYKEL at the software layer for fleet operations, but serves a broader set of vehicle types.
• Spin (Ford): Spin, owned by Ford, runs shared eScooter fleets with proprietary fleet management software. Like Lime and Tier, it represents both a potential competitor to CYKEL's software and a potential customer for white-label fleet platforms.
• Lime: Lime operates large-scale shared eBike and eScooter fleets with proprietary connected vehicle technology. While Lime is an operator rather than a B2B platform, its connected-fleet stack is the in-house benchmark CYKEL must beat for prospective operator customers.
• Tier Mobility: Tier (Dott) operates shared micromobility fleets across Europe with its own vehicle hardware and fleet software. Its vertically integrated offering competes for the same operator buyers that CYKEL targets.

Emerging players

• Drop Mobility: Drop Mobility offers connected eBike fleet solutions targeting resorts, hotels, and tourism operators with retrofit hardware. It overlaps CYKEL's primary verticals and plug-and-play approach as a fellow emerging B2B fleet platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/cykeltech
• LinkedInlinkedin.com/company/cykeltech
• Instagraminstagram.com/cykeltech

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

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

M&A

Investments

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

Frequently asked questions about Cykel Technologies Inc.