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Rad Power Bikes
company
About
North America's largest electric bike company. We are making transportation energy efficient, enjoyable, and accessible to all.
- Seattle,Washington,United States
- 501 - 1000
- http://www.radpowerbikes.com
Details
- Last Funding Type
- Series D
- Last Funding Money Raised
- $154M
- Industries
- CleanTech,Consumer Goods,Electric Vehicle,Manufacturing,Transportation
- Founded date
- Jan 1, 2007
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
- Legal Name
- Rad Power Bikes Inc.
Rad Power Bikes is North America's largest electric bike brand and we’re building a world where transportation is energy-efficient, enjoyable, and accessible to all. With a groundbreaking direct-to-consumer model and a radically growing team of over 700, we are democratizing ebikes and bringing the RadGrin to hundreds of thousands of riders around the world. Revolutionizing electric mobility at an unprecedented pace, Rad Power Bikes is scaling faster than ever to change the way people and goods move.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
5
$329.32M
Rad Power Bikes has raised a total of
$329.32M
in funding over 2 rounds. Their latest funding was raised on
Oct 28, 2021 from a Series D round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 28, 2021 | Series D | $154M | 6 |
Fidelity Management and Research Company
|
— | Detail |
| Feb 4, 2021 | Series C | $150M | 6 | — | — | Detail |
| Feb 5, 2020 | Series B | $25M | 2 |
Vulcan Capital
|
— | Detail |
| Mar 27, 2019 | Series A | — | 2 | — | — | Detail |
| Mar 31, 2015 | Product Crowdfunding | $320.36K | — | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
2
8
Rad Power Bikes is funded by 8 investors.
Fidelity Management and Research Company
and Durable Capital Partners
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Fidelity Management and Research Company
|
Yes | Series D |
Durable Capital Partners
|
— | Series D |
Morgan Stanley
|
— | Series D |
T. Rowe Price
|
— | Series D |
The Rise Fund
|
— | Series D |
|
Vulcan Capital
|
— | Series D |
Darrell Cavens
|
— | Series A |
Mark Vadon
|
— | Series A |
Employee Profiles
Number of Employee Profiles
11
Rad Power Bikes has 11 current employee profiles, including
Board member Mark Vadon
Board member
Executive
Executive
Board member
Board member
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