FLIT

Cambridge, United Kingdom Founded: 2016 • Age: 10 yrs
Manufacturer of electric foldable bicycles
Annual revenue - Latest available
Total funding $1.5M 1 rounds
Employees 5 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About FLIT

FLIT is a company based in Cambridge (United Kingdom) founded in 2016 by Dave -. FLIT has raised $1.51 million across 1 funding round from investors including Cambridge Angels, ACF Investors and Tony Purnell. The company has 5 employees as of December 31, 2020. FLIT offers products and services including FLIT M2 Folding Ebike and Accessories. FLIT operates in a competitive market with competitors including VanMoof, EMotorad, Rad Power Bikes, Cowboy and Urtopia, among others.

  • Headquarter Cambridge, United Kingdom
  • Employees 5 as on 31 Dec, 2020
  • Founders Dave -
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Flit (Cambridge) Limited
  • Date of Incorporation 15 May, 2015
  • Jurisdiction CAMBRIDGE, UNITED KINGDOM
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.51 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.51 M (USD), Seed

    Feb 17, 2025

  • Investors
  • Employee Count
    5

    as on Dec 31, 2020

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Products & Services of FLIT

FLIT offers a comprehensive portfolio of products and services, including FLIT M2 Folding Ebike and Accessories.

Product name locked
Category locked
Primary

Compact folding electric bike for urban commuting and transport.

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Components to enhance functionality of electric bikes.

Funding Insights of FLIT

FLIT has successfully raised a total of $1.51M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.51 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in FLIT

FLIT has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Cambridge Angels, ACF Investors and Tony Purnell.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on angel investments
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Angel network investing in the UK
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Tony Purnell

-
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Investor details for FLIT

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Investments & Acquisitions by FLIT

Investments
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Investment portfolio details for FLIT

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Financial Statements - FLIT

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Detailed financials for FLIT

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Flit Comparisons

FLIT Primary company
Description
Manufacturer of electric foldable bicycles
Location
Cambridge, United Kingdom
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
5
As of 2020
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Peer comparison for FLIT

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of FLIT

FLIT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VanMoof, EMotorad, Rad Power Bikes, Cowboy and Urtopia, among others.

Company Name Domain Founded year HQ Location Description
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Electric bicycles with integrated technology are manufactured by VanMoof.
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Electric bicycles and e-bikes are offered via an online platform.
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Developer of electric bicycles
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Electric bicycles with integrated batteries and displays are developed.
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Electric bicycles are developed and manufactured by Urtopia.
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Electric bicycles were manufactured by Ultra Motor in the UK.
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Detailed competitors of FLIT

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Latest news on Flit

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Complete news archive for FLIT

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Frequently Asked Questions about FLIT

FLIT was founded in 2016 and raised its 1st funding round 9 years after it was founded.

FLIT is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.

FLIT is a funded company, having raised a total of $1.51M across 1 funding round to date.

As of Dec 31, 2020, the latest employee count at FLIT is 5.

FLIT was founded in 2016 in Cambridge, United Kingdom, where operations focus on the production of electric bicycles within the urban mobility sector. Lightweight foldable models, weighing 15 kg and offering up to 50 km range, are developed for practical use. Bicycles are sold directly to customers via an online platform, supporting accessibility in the European market.

FLIT's top competitors include VanMoof, Rad Power Bikes and Cowboy.

FLIT offers FLIT M2 Folding Ebike and Accessories.

FLIT has 3 investors. Key investors include Cambridge Angels, ACF Investors, and Tony Purnell.

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