The company's founder traces its history back to 1997[2] and the company's first patent for an "unattended automated bicycle rental station."[3]
In April 2014, the company bought Capital Bixi company in Canada and in October re-launched the service under VeloGo brand in Ottawa.[4] In 2016, it launched bike-sharing service Mobi in Vancouver, sponsored by Shaw Communications.[5] However, in June 2019, the company announced that was pulling out from Ottawa.[6]
As of January 2015, the firm operated bike-sharing systems in seven cities.[7]
In March 2018, the firm launched HOPR (pronounced like “hopper”), a mobile app that allows to search for public transport, car share and bike share options.[8] As of 2018, it was running bike-sharing systems in 15 cities in the USA and Canada.[8]
The company had planned to move its headquarters from Miami Beach to Santa Monica in 2015,[9] but remained headquartered in Florida as of 2019.[10]
In 2021, CycleHop launched its flagship ride-share program in Rochester under its contract with Rochester Transit Service. The program received a $240,000 grant to add 8 stations to low income neighborhoods in Monroe County.[11] The stations, at which users could find traditional bicycles, electric bikes, and scooters, were developed through a partnership with Emergnt Design Labs and manufactured in Rochester.[12]