Specialized

Specialized

Designs and sells high-quality bicycles and equipment

About Specialized

Simplify's Rating
Why Specialized is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Automotive & Transportation

Social Impact

Consumer Goods

Company Size

1,001-5,000

Company Stage

Series B

Total Funding

$27.9M

Headquarters

Morgan Hill, California

Founded

1974

Overview

Specialized designs and sells high-quality bicycles and cycling equipment for a wide range of customers, including professionals and casual riders. Their product line features mountain bikes, road bikes, and gear for various cycling disciplines. Specialized differentiates itself through its commitment to quality and a history of technological advancements, such as the first production mountain bike. The company's goal is to improve lives through cycling, supported by community initiatives that promote health and sustainability.

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Simplify's Take

What believers are saying

  • Growing popularity of gravel bikes boosts demand for Specialized's Creo SL gravel e-bike.
  • Rising e-bike market offers growth opportunities for Specialized's electric bicycle line.
  • Increased cycling events globally align with Specialized's focus on high-performance bikes.

What critics are saying

  • Automotive companies entering e-bike market challenge Specialized's high-performance segment.
  • New Epic 8 models may strain supply chains, affecting Specialized's delivery capabilities.
  • Partnership with SD Worx increases financial pressure to deliver consistent high-performance products.

What makes Specialized unique

  • Specialized pioneered the first production mountain bike with drop bars in 1987.
  • They developed their own wind tunnel for aerodynamic testing, enhancing product innovation.
  • Specialized's direct-to-consumer model strengthens customer relationships and brand loyalty.

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Funding

Total Funding

$27.9M

Above

Industry Average

Funded Over

0 Rounds

Company News

Bikepacking.com
Dec 9th, 2024
Specialized Quietly Announced the Chisel Comp EVO

The Specialized Chisel Comp was one of my favorite bikes that I reviewd in 2024, enough so that I convinced the team to slot it into its top six bikes of the year in its annual Gear of the Year Awards.

Bikepacking.com
Jul 19th, 2024
Our 13 Favorite Drop-Bar MTBs + History and Interpretation

This riding style ultimately gained a small but devoted following, so much so that in 1987, Specialized introduced the Rock Combo, which I believe was the first production mountain bike with drop bars.

New Atlas
May 16th, 2024
McLaren's eMTB: The most powerful trail-legal bike on the planet

McLaren itself has even previously teamed up with Specialized to produce not one but two non-electric road bikes.

CPAWS
Apr 19th, 2024
Canadian Parks and Wilderness Society and Specialized partner for Earth Day 2024

For Earth Day, Canadian Parks and Wilderness Society (CPAWS) is partnering with Specialized Canada.

Bike Magazine
Mar 12th, 2024
Specialized announces new Epic 8 and Epic 8 EVO

After months of forum speculation and blurry Instagram photos of pros at early-season races, today Specialized rolled out the eighth generation of its legacy cross-country race bike, the Epic, and its shreddier alter-ego, the Epic 8 EVO.

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