About Lito Motorcycles
Lito Motorcycles is a company based in Longueuil (Canada) founded in 2009 by Jean Pierre Legris. It operates as a B2C. Lito Motorcycles has raised $425 thousand across 1 funding round from investors including Centre d'excellence en efficacité énergétique and Ecofuel Accelerator. Lito Motorcycles operates in a competitive market with competitors including Damon, EV Technology Group, ENVO, Concept GEEBEE and Daymak, among others.
- Headquarter Longueuil, Canada
- Founders Jean Pierre Legris
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$425 K (USD)
in 1 rounds
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Latest Funding Round
$425 K (USD), Seed
Apr 27, 2016
- Investors
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Employee Count
Employee Count
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Funding Insights of Lito Motorcycles
Lito Motorcycles has successfully raised a total of $425K through 1 strategic funding round. The most recent funding activity was a Seed round of $425 thousand completed in April 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $425,000
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First Round
First Round
(27 Apr 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Seed - Lito Motorcycles | Valuation | Center of Excellence in Energy Efficiency , Ecofuel Accelerator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Lito Motorcycles
Lito Motorcycles has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Centre d'excellence en efficacité énergétique and Ecofuel Accelerator. 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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Financial support is offered for energy efficiency innovations in Canada.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lito Motorcycles
| 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 - Lito Motorcycles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Lito Motorcycles Comparisons
Competitors of Lito Motorcycles
Lito Motorcycles 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 Damon, EV Technology Group, ENVO, Concept GEEBEE and Daymak, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric motorcycles with advanced safety features are manufactured by Damon.
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| domain | founded_year | HQ Location |
Electric mobility vehicles are developed and EV manufacturers are acquired.
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| domain | founded_year | HQ Location |
Manufactures high-quality electric bicycles and snow gliders.
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| domain | founded_year | HQ Location |
Electric two-wheelers are developed for city commuting and tourism.
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| domain | founded_year | HQ Location |
Daymak produces ebikes, mobility scooters, ATVs, and accessories for consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lito Motorcycles
When was Lito Motorcycles founded?
Lito Motorcycles was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Where is Lito Motorcycles located?
Lito Motorcycles is headquartered in Longueuil, Canada. It is registered at Longueuil, Quebec, Canada.
Is Lito Motorcycles a funded company?
Lito Motorcycles is a funded company, having raised a total of $425K across 1 funding round to date. The company's 1st funding round was a Seed of $425K, raised on Apr 27, 2016.
What does Lito Motorcycles do?
Lito Motorcycles, backed by 425000.0 from Center of Excellence in Energy Efficiency, Ecofuel Accelerator, focuses on dealing with automotive parts, developing electric vehicles, motorbikes, and producing manufactured goods. Produces high-quality electric motorbikes. Driving innovation, growth, and excellence in its industry sectors.
Who are the top competitors of Lito Motorcycles?
Lito Motorcycles's top competitors include Damon, Concept GEEBEE and EV Technology Group.
Who are Lito Motorcycles's investors?
Lito Motorcycles has 2 investors. Key investors include Centre d'excellence en efficacité énergétique, and Ecofuel Accelerator.