Rapha chairman invests €10 million into Classified brand

A close up of a classified powershift hub
(Image credit: Josh Croxton)

The CEO of private equity firm Active Partners has reportedly invested €10 million of the company's fund into the fast-growing Belgian brand, Classified Cycling, whose Powershift rear hub technology has the potential to disrupt the groupset market in the coming years. The firm led a recent round of funding that closed late in 2022, alongside existing investor Bridford Group. 

According to British news outlet The Times, the London-based CEO of the firm, Nick Evans, is a keen cyclist who has already made significant sums within the cycling industry.

Cyclingnews Senior Tech Writer Josh Croxton
Where does Classified go from here?

I have more than once described Classified as a 'front derailleur killer' in previous articles. This is because the tech allows riders to remove the front derailleur – and with it, the double front chainset – and replace it all with a simple single-chainring system. This means the rider can keep their total number of gears, with similar ratios as before, but without the risk of the chain coming off the chainset between shifts. Classified says the system is at-most equivalent in weight, meaning there's a possible weight saving to find, and the removal of components usually means it's more aerodynamic too, which will attract racers. It also means riders can shift instantly, under full power if needed, and perhaps more usefully when not pedalling at all.

Does that mean the front derailleur will actually be killed off altogether? No, I don't think so. A Classified-equipped wheelset currently costs around £1000 more than an equivalent wheelset without it, so it's a costly premium to add to your next new bike, and as such will likely only attract those looking at the very premium end of the range. Perhaps costs will come down as demand and production ramps up, but it's never going to be cheap enough to replace the front derailleur at the budget end of the spectrum. 

I can envisage a world in which the big groupset brands strike a deal with the brand. All of Sram, Shimano and Campagnolo manufacture wheels (Sram through its subsidiary Zipp) and it would be great to see Classified worked into that purchase process, especially as it would save consumers money and effort versus buying a full groupset and then selling off the unnecessary parts once they've swapped in the Powershift system. 

I see Classified's biggest market as being in the gravel scene, especially in gravel racing. Here, the front derailleur is almost non-existent anyway, replaced by wide-ratio cassettes from mountain biking. These cassettes are great for the ratio they offer, but offer bigger jumps between gears that can make it hard to find a suitable cadence over longer distances. For this reason some riders prefer '2x' gravel setups, but are then forced to risk dropped chains. The Classified system can offer the best of both worlds in this regard. 

Classified has also telegraphed its intentions to step into the urban and mountain biking space. I can immediately see promise in mountain biking, especially long-distance events, for the same reasons outlined above. The urban space is one I'll be keeping a close eye on; I feel it needs to be cheaper in order to be adopted in this sector, and if Classified can bring down the price, then I think its potential is huge.  Follow Josh on Twitter

Josh Croxton
Associate Editor (Tech)

Josh is Associate Editor of Cyclingnews – leading our content on the best bikes, kit and the latest breaking tech stories from the pro peloton. He has been with us since the summer of 2019 and throughout that time he's covered everything from buyer's guides and deals to the latest tech news and reviews. 

On the bike, Josh has been riding and racing for over 15 years. He started out racing cross country in his teens back when 26-inch wheels and triple chainsets were still mainstream, but he found favour in road racing in his early 20s, racing at a local and national level for Somerset-based Team Tor 2000. These days he rides indoors for convenience and fitness, and outdoors for fun on road, gravel, 'cross and cross-country bikes, the latter usually with his two dogs in tow.