Freedom Powersports

Canton, United States Founded: 2012 • Age: 14 yrs Acquired By RumbleOn
Used powersports vehicles are retailed by Freedom Powersports.
Annual revenue - Latest available
Total funding $3.5M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Freedom Powersports

Freedom Powersports is a company based in Canton (United States) founded in 2012 by Kevin Lackey was acquired by RumbleOn in November 2021. Freedom Powersports has raised $3.5 million across 1 funding round from investors including RumbleOn and Trinity Investors. Freedom Powersports offers products and services including Powersports Sales, Service Department, and Parts Department. Freedom Powersports operates in a competitive market with competitors including Copart, Droom, Group1 Automotive, AutoNation and CarLotz, among others.

  • Headquarter Canton, United States
  • Founders Kevin Lackey
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.5 M (USD), Seed

    Mar 31, 2016

  • Investors
    RumbleOn

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    RumbleOn

    (Nov 09, 2021)

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Products & Services of Freedom Powersports

Freedom Powersports offers a comprehensive portfolio of products and services, including Powersports Sales, Service Department, and Parts Department.

Product name locked
Category locked
Primary

Sales of new and used motorcycles and ATVs

Product name locked
Category locked
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Repair and maintenance for powersports vehicles

Product name locked
Category locked
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Supply of components for powersports equipment

Funding Insights of Freedom Powersports

Freedom Powersports has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.5 million completed in March 2016. 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 Freedom Powersports

Freedom Powersports has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include RumbleOn and Trinity Investors.

All
Venture Fund
Investor Description Founded Year Domain Location
-
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Online marketplace providing second-hand bikes
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Investor details for Freedom Powersports

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Investments & Acquisitions by Freedom Powersports

Investments
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Investment portfolio details for Freedom Powersports

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  • Transaction dates
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Financial Statements - Freedom Powersports

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Detailed financials for Freedom Powersports

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Freedom Powersports Comparisons

Freedom Powersports Primary company
Description
Used powersports vehicles are retailed by Freedom Powersport...
Location
Canton, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Freedom Powersports

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

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Competitors of Freedom Powersports

Freedom Powersports 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 Copart, Droom, Group1 Automotive, AutoNation and CarLotz, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Used and salvaged vehicles are offered via an online marketplace.
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Used vehicles are bought and sold through an AI platform.
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Provider of new & used cars and trucks dealership services
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New and used vehicles are offered online by AutoNation.
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Used cars are traded via an online consignment platform.
Locked Locked Locked
Online marketplace providing second-hand bikes
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Detailed competitors of Freedom Powersports

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Latest news on Freedom Powersports

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Complete news archive for Freedom Powersports

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Frequently Asked Questions about Freedom Powersports

Freedom Powersports was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Freedom Powersports is headquartered in Canton, United States. It is registered at Canton, Ohio, United States.

Kevin Lackey is the current CEO of Freedom Powersports. They have also founded this company.

Freedom Powersports is a funded company, having raised a total of $3.5M across 1 funding round to date.

Freedom Powersports was established in 2012 by Kevin Lackey as a retailer in the powersports sector. Used motorcycles and related vehicles are sold through its operations based in Canton, United States. The company maintains an online presence via freedompowersportsusa.com, focusing on inventory and sales of pre-owned items within the local and regional market. Leadership is provided by the founder and CEO.

Freedom Powersports's top competitors include CarLotz, RumbleOn and Droom.

Freedom Powersports offers Powersports Sales, Service Department, and Parts Department.

Freedom Powersports has 2 investors. Key investors include RumbleOn, and Trinity Investors.

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