About Lectric eBikes
Lectric eBikes is a company based in Phoenix (United States) founded in 2018 by Robby Deziel and Levi Conlow.. Lectric eBikes offers products and services including XP 3.0 eBike, XPeak 2.0 eBike, and Accessories. Lectric eBikes operates in a competitive market with competitors including VanMoof, EMotorad, Rad Power Bikes, Cowboy and Urtopia, among others.
- Headquarter Phoenix, United States
- Founders Robby Deziel, Levi Conlow
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Sectors
Transportation, Automotive & Logistics
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Website
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Social
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Annual Revenue
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Latest Funding Round
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Products & Services of Lectric eBikes
Lectric eBikes offers a comprehensive portfolio of products and services, including XP 3.0 eBike, XPeak 2.0 eBike, and Accessories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Foldable electric bike for everyday commuting and utility
Off-road model with enhanced features for adventurous rides
Various parts like batteries and baskets for bike enhancement
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Funding Insights of Lectric eBikes
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Seed - Lectric eBikes | Valuation | Bertram Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Lectric eBikes
Lectric eBikes has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bertram Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Bertram Capital is focused on private equity investments in lower middle-market companies.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Lectric eBikes
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lectric eBikes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lectric Ebikes Comparisons
Competitors of Lectric eBikes
Lectric eBikes 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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lectric Ebikes
Frequently Asked Questions about Lectric eBikes
When was Lectric eBikes founded?
Lectric eBikes was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Lectric eBikes located?
Lectric eBikes is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Who is the current CEO of Lectric eBikes?
Levi Conlow is the current CEO of Lectric eBikes. They have also founded this company.
What does Lectric eBikes do?
Lectric eBikes was founded in 2018 in Phoenix, United States, focusing on the electric bicycle sector. Various models, including the Lectric XP and Lectric XP step-thru, are produced with components such as a 500 W brushless motor, lithium-ion battery, and 160mm mechanical disc brakes. Pedal-assist capabilities are integrated into the designs, supporting urban and recreational mobility needs. Operations center on innovation in affordable e-bike technology.
Who are the top competitors of Lectric eBikes?
Lectric eBikes's top competitors include VanMoof, Rad Power Bikes and Cowboy.
What products or services does Lectric eBikes offer?
Lectric eBikes offers XP 3.0 eBike, XPeak 2.0 eBike, and Accessories.
Who are Lectric eBikes's investors?
Lectric eBikes has 1 investor. Key investors include Bertram Capital.