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. 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.
- Total Equity Funding$1.51M (USD)
in 1 rounds
- Latest Funding Round$1.51M (USD), Seed
Feb 2025
- InvestorsCambridge Angels
& 2 more
- Employee Count5
Products & Services of FLIT
FLIT offers a comprehensive portfolio of products and services, including FLIT M2 Folding Ebike and Accessories.
Compact folding electric bike for urban commuting and transport.
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.
- Total Funding $1.51M
- Total Rounds 1
- Last Round Seed — $1.51M
- First Round $1.51M
(Feb 2025)
- Investors Count 3
All 1 funding rounds of FLIT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $1.51M | Seed | – | – |
3 investors in total: 2 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on angel investments | – | acfinvestors.com | Sheffield, United Kingdom | |
Angel network investing in the UK | 2002 | cambridgeangels.com | Cambridge, United Kingdom | |
TP Tony Purnell | - | – | unknown_50e9ba57361c4f4c8 | - |
Investor details for FLIT
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People of FLIT
1 people are tracked at FLIT (1 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Dave - | Co-Founder | Leadership |
Complete people profiles for FLIT
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Timeline of FLIT
2 dated milestones of FLIT across 9 years, from founding to its latest funding, stage changes and deals.
- Founded FLIT is founded.
- Funding First funding round of $1.5M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vanmoof.com | 2009 | Amsterdam, Netherlands | $186.25M | – | Electric bicycles with integrated technology are manufactured by VanMoof. | |
| emotorad.com | 2020 | Pune, India | $28.17M | 197 | Electric bicycles and e-bikes are offered via an online platform. | |
| radpowerbikes.com | 2007 | Seattle, United States | $329M | 542 | Developer of electric bicycles | |
| cowboy.com | 2017 | Brussels, Belgium | $142.62M | 63 | Electric bicycles with integrated batteries and displays are developed. | |
| newurtopia.com | 2021 | Wan Chai, China | $10M | – | Electric bicycles are developed and manufactured by Urtopia. | |
| ultramotor.com | 2003 | London, United Kingdom | $71.9M | – | Electric bicycles were manufactured by Ultra Motor in the UK. | |
| tenways.com | 2021 | Amsterdam, Netherlands | $43.86M | – | Electric bicycles are designed and manufactured by TENWAYS. | |
| aventon.com | 2012 | Brea, United States | – | – | Electric bicycles and accessories are manufactured and sold by Aventon. | |
| velotricbike.com | 2021 | Menlo Park, United States | $8.8M | – | Electric bicycles are manufactured for urban mobility solutions. |
Detailed competitors of FLIT
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- Full competitor set
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Web traffic of FLIT
The website of FLIT (flit.bike) receives about 6.5K visits a month.
- Monthly visits6.5K
▲ 21.9% vs previous month
Latest news on Flit
Complete news archive for FLIT
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Similar companies to FLIT
10 companies that operate in the same segment as FLIT (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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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. The company's 1st funding round was a Seed of $1.51M, raised on Feb 2025.
FLIT has 5 employees.
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.
FLIT operates through Flit (Cambridge) Limited.