Less than a year ago Kitzuma Cycling Logistics disrupted the bike industry with its ready-to-ride, door-to-door, bike-shipping service; now eight months in, with 15 major bike brands as clients, it successfully closed a first round of funding. It will use this fresh influx of capital to deliver its white-glove customer experience to more clients and consumers across the country.
“After being self-funded for nearly a year, this outside investment will allow us to remain aggressive in our growth trajectory on the B2B side and also allow us to start laying the groundwork for our consumer shipping services as well,” said Taylor Essick, CEO of Kitzuma.
The initial round of funding closed ahead of schedule and proved that investors see a need for Kitzuma Cycling Logistic’s paradigm of first-rate, ready-to-ride bike shipping. But equally important to the capital itself, the Kitzuma team was determined to find the right people behind it.
“I can’t say enough great things about our investors,” Essick adds. “In addition to believing enough in Kitzuma to invest, they are passionate cyclists and bring a wealth of knowledge and experience across all sectors of the business world, which will be a critical asset as we continue to grow and scale.”
For more information, email Kitzuma at info@kitzuma.com or call at 855-KITZUMA.
