About Lit Motors
Lit Motors is a Transportation, Automotive & Logistics company based in Portland (United States) founded in 2005 by Danny Kim. Autonomous-balancing electric vehicles are developed for efficient transportation. Lit Motors has raised $1.03 million across 2 funding rounds. Its chief executive, as recorded, is Danny Kim. Lit Motors offers products and services including AEV. Its focus areas include Auto, Auto Brands, Multi Category and Energy Tech. Its legal entity is Lit Motors Corporation. Its competitors include Tesla, Fisker and Aptera Motors; 3 of its 3 listed competitors have raised funding.
Company details
Lit Motors was founded in 2005 in Portland, United States, within the electric vehicle sector. Autonomous-balancing two-wheeled vehicles are developed, combining features of cars and motorcycles through gyro-stabilization technology. Stability is maintained in challenging conditions, while a compact architecture supports daily commutes and longer trips. Emissions and waste are reduced via the AEV platform, with operations focused on urban mobility solutions.
- Total Equity Funding$1.03M (USD)
in 2 rounds
- Latest Funding Round$25K (USD), Seed
May 2025
Products & Services of Lit Motors
Lit Motors offers a comprehensive portfolio of products and services, including AEV.
Provides gyro-stabilized two-wheeled transport for efficient urban commuting.
Apps and channels of Lit Motors
its YouTube channel Lit Motors has 4.91K subscribers and 25 videos.
Videos from Lit Motors
The most watched videos on Lit Motors's YouTube channel, Lit Motors (4.91K subscribers). Click a video to play it here.
More on Lit Motors.
Funding Insights of Lit Motors
Lit Motors has successfully raised a total of $1.03M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $25 thousand completed in May 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 $1.03M
- Total Rounds 2
- Last Round Seed — $25,000
- First Round $1M
(Mar 2014)
All 2 funding rounds of Lit Motors 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 |
|---|---|---|---|---|---|
| May 2025 | $25,000 | Seed | – | – | – |
| Mar 2014 | $1M | Seed | – | – | – |
People of Lit Motors
11 people are tracked at Lit Motors (5 in leadership, 5 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Danny Kim | Founder & CEO & CTO | Leadership |
Daniel Smith | VP, Aero | Leadership |
Thomas Nolan | Interim CMO, Advisor | Leadership |
Eric Stromswald | VP, CMG | Leadership |
Stefan Schäper | VP Chassis & Integration | Leadership |
Volker Kaese | Board Member | Board & advisors |
Yoky Matsuoka | Advisor | Board & advisors |
Amory Lovins | Advisor | Board & advisors |
Mason Peck | Advisor | Board & advisors |
Yves Béhar | Advisor | Board & advisors |
Stefano Villanto | CRO | Team |
Complete people profiles for Lit Motors
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lit Motors
3 dated milestones of Lit Motors across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Lit Motors is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Seed, of $25K.
Competitors of Lit Motors
Lit Motors has 3 listed competitors in our database, 3 of them funded. They include Tesla, Fisker and Aptera Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tesla.com | 2003 | Austin, United States | $407.53M | 125,665 | Electric vehicles and solar energy products are manufactured. | |
| fiskerinc.com | 2007 | Los Angeles, United States | $1.11B | 1,195 | Electric vehicles are manufactured and leased by Fisker Inc. | |
| aptera.us | 2005 | Carlsbad, United States | $83.45M | 91 | Solar-powered electric vehicles are manufactured by Aptera Motors. |
Detailed competitors of Lit Motors
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Lit Motors
The website of Lit Motors (litmotors.com) receives about 7K visits a month.
- Monthly visits7K
▲ 13.3% vs previous month
Websites whose visitors overlap most with Lit Motors. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| electrifynews.com | 100% | #3,541,044 | View details | ||
peravescz.com | peravescz.com | 97% | #2,426,255 | – | |
jandjmotors.com | jandjmotors.com | 83% | – | ||
green.autoblog.com | green.autoblog.com | 83% | – | ||
carver-technology.com | carver-technology.com | 80% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Lit Motors
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Lit Motors (Electric & Green Mobility) in United States, 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 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Lit Motors
Complete news archive for Lit Motors
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lit Motors
Lit Motors was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Lit Motors is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Danny Kim is the CEO of Lit Motors, as recorded in our data. They have also founded this company.
Lit Motors is a funded company, having raised a total of $1.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Mar 2014.
Lit Motors was founded in 2005 in Portland, United States, within the electric vehicle sector. Autonomous-balancing two-wheeled vehicles are developed, combining features of cars and motorcycles through gyro-stabilization technology. Stability is maintained in challenging conditions, while a compact architecture supports daily commutes and longer trips. Emissions and waste are reduced via the AEV platform, with operations focused on urban mobility solutions.
Lit Motors's top competitors include Fisker, Tesla and Aptera Motors.
Lit Motors offers AEV.
Lit Motors operates through Lit Motors Corporation.