About Organic Transit
Organic Transit is a company based in Durham (United States) founded in 2009. Organic Transit has raised $2.75 million across 2 funding rounds. Organic Transit offers products and services including ELF, ELF 2FR, and Tactical ELF. Organic Transit operates in a competitive market with competitors including Arcimoto, Podbike, Hopper Mobility, Tretbox and Kronfeld Motors, among others.
- Headquarter Durham, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$2.75 M (USD)
in 2 rounds
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Latest Funding Round
$2.52 M (USD), Series A
Apr 20, 2016
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Investors
Not available
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Employee Count
Not available
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Products & Services of Organic Transit
Organic Transit offers a comprehensive portfolio of products and services, including ELF, ELF 2FR, and Tactical ELF.
Solar-powered personal transport with high efficiency
Two-seater model for passenger transport
Utility version for heavy payloads and all-day use
Funding Insights of Organic Transit
Organic Transit has successfully raised a total of $2.75M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.52 million 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.
Investments & Acquisitions by Organic Transit
Investment portfolio details for Organic Transit
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Financial Statements - Organic Transit
Detailed financials for Organic Transit
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Organic Transit Comparisons
Peer comparison for Organic Transit
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Competitors of Organic Transit
Organic Transit 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 Arcimoto, Podbike, Hopper Mobility, Tretbox and Kronfeld Motors, among others.
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Electric velomobiles are manufactured for personal and commercial applications.
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Human-powered vehicles with electric assist are developed in Norway.
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Electric minicars, hybrids of e-bikes and cars, are developed.
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Electric personal mobility vehicles are developed by Tretbox.
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Electric pedal-assist reverse trikes are developed for transport solutions.
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Detailed competitors of Organic Transit
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Latest news on Organic Transit
Complete news archive for Organic Transit
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Frequently Asked Questions about Organic Transit
Organic Transit was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Organic Transit is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Organic Transit is a funded company, having raised a total of $2.75M across 2 funding rounds to date.
Organic Transit was founded in 2009 in Durham, United States, focusing on the electric vehicle sector. Electric velomobiles, such as the ELF hybrid model powered by solar and human energy, are manufactured and distributed. This vehicle type spans bicycle and car characteristics, enabling low-emission mobility. Operations center on production and sales within the sustainable transportation industry.
Organic Transit's top competitors include Arcimoto, Podbike and Kronfeld Motors.
Organic Transit offers ELF, ELF 2FR, and Tactical ELF.