Lyndal Bailey

Rotorua, New Zealand-headquartered start-up Bike Matrix has announced a successful $2M capital raise in its push to become the industry solution for parts compatibility. The business, which now counts “over 80 component brands in our corner, and strategic partnerships with leading bicycle brands underway” also saw a successful Eurobike 2024 attendance, crowned with the winning of a Eurobike Award. Read the full article

Bike Matrix, the New Zealand-based component compatibility business, today announced the results of a comprehensive 50-day, 6.6 million-user-session test with one of Europe’s leading online cycling retailers, BIKE24. The A/B test saw Bike Matrix deliver a plus 69% conversion rate, definitively proving its component compatibility information – provided at the point of sale – dramatically improves key business metrics. Read the full article

A year ago, Bike Matrix introduced its ‘brake pad finder’ – the first step in a mission to transform the bicycle industry, by offering a comprehensive compatibility solution to all retailers, service providers, manufacturers, and riders – seamlessly connecting replacement parts to a specific bike. As the business looks back on the past 12 months, a number of notable landmark moments stand out. Read the full article