VanMoof logo

VanMoof

Amsterdam, Netherlands Mobility Acquired

VanMoof is a Dutch designer and manufacturer of premium connected electric bicycles, founded in Amsterdam in 2009 by brothers Taco and Ties Carlier. The company built integrated smart e-bikes featuring proprietary motors, batteries, anti-theft tracking, and a companion mobile app, selling direct-to-consumer through its own retail stores and online channels across Europe, North America, and Asia. After raising more than $180 million in venture capital — capped by a $128 million Series C in 2021 led by Hillhouse Investment — VanMoof was declared bankrupt by the Court of Amsterdam in July 2023 amid mounting warranty and serviceability costs and inability to secure further funding. On August 31, 2023, Lavoie, the electric-scooter subsidiary of UK-based McLaren Applied, acquired VanMoof out of bankruptcy for a reported figure in the tens of millions of euros. Under new ownership the brand was relaunched in April 2024 with refreshed S5/A5 models and a third-party service-partner network, followed by the all-new Series 6 in June 2025.

Acquired

VanMoof has been acquired

Acquired by Lavoie (McLaren Applied) August 31, 2023 tens of millions of EUR (undisclosed)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2009

Employees

201–500

Total Funding

$182M

4 rounds

Funding

Total raised $182M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 05-21-2026

Latest Round

Type

Series C

Date

September 1, 2021

Amount

$128M

Valuation

Lead Investors

Hillhouse Investment
DateRoundAmount RaisedValuationLead Investors
September 1, 2021 Series C $128M Hillhouse Investment
September 16, 2020 Series B $40M Norwest Venture Partners
May 2020 Venture $13.5M

Prominent Investors

Hillhouse Capital Group Norwest Venture Partners Felix Capital Balderton Capital Triple Point Capital Balderton Capital Triple Point Capital Felix Capital Hillhouse Investment Norwest Venture Partners

Leadership

  • Eliott Wertheimer

    CEO, Lavoie (parent of VanMoof)

  • Nick Fry

    Chairman, McLaren Applied

  • Taco Carlier

    Co-Founder (former CEO)

  • Ties Carlier

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Cowboy

    Belgian connected e-bike maker producing app-integrated urban electric bicycles sold direct-to-consumer; closest European peer to VanMoof in design language and target market.

  • Rad Power Bikes

    Seattle-based direct-to-consumer e-bike manufacturer offering a broad lineup of utility and commuter electric bikes; one of the largest North American e-bike brands.

  • Specialized Bicycle Components

    California-based premium bicycle manufacturer with a growing Turbo line of electric road, mountain, and commuter e-bikes sold through global dealer networks.

  • Riese & Muller

    German premium e-bike manufacturer known for high-end commuter, cargo, and touring electric bicycles sold through specialist retail partners.

  • Gazelle

    Dutch heritage bicycle manufacturer (owned by Pon Holdings) producing a popular line of urban and commuter e-bikes, particularly strong in the Netherlands and Germany.

  • Stromer

    Swiss premium speed-pedelec maker offering high-performance connected commuter e-bikes capable of 45 km/h speeds, sold across Europe and North America.

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Data collected with AI, which can make mistakes. Please double-check this information.