Automotive-inspired AI bike ownership platform Tyred raises £2.5 million

July 16, 2026

British mobility tech start-up Tyred has raised £2.5 million with the aim to make bike ownership simpler, smarter and more reliable for riders and fleet operators in the UK and across Europe.

To do this, Tyred is building a connected ownership platform for cycling, bringing together maintenance, repairs, insurance, warranty management and finance into a single digital experience.

Cycling has become an increasingly important part of urban transport but unlike for cars the ownership experience remains fragmented, with riders often relying on disconnected providers for servicing, insurance and repairs. Tyred aims to solve that issue through an all-in-one platform that stays with riders and their bikes throughout the lifetime of ownership.  Cycling Industry News