The rider died at the scene after police arrived at 10am on Sunday morning.
Road closures were put in place and event marshalls redirected the route for remaining cyclists.
The man died in the Smallfield area which is in Surrey.
His next of kin have been informed.
The road closures were lifted by marshalls later on.
A police spokeswoman said: “We are appealing for any witnesses to this incident to come forward to help our investigation into the circumstances.
“Officers were called at 9.56am yesterday morning by South East Coast Ambulance service who were responding to a medical emergency on Redehall Road in Smallfield, involving a cyclist who had been taking part in the London to Brighton cycle ride.
“If you have any information which could help, please contact us quoting PR/45230067249.”
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