About Pure Electric
Pure Electric is a company based in Bristol (United Kingdom) founded in 2018.. Pure Electric has completed 1 acquisition, including London Electric Scooters. Pure Electric offers products and services including Air⁴ Scooter, Flex Scooter, and Escape+ Scooter. Pure Electric operates in a competitive market with competitors including Ethos Scooters, Man Firth, The EV Market Place, OnBoards and Gorilla Karts, among others.
- Headquarter Bristol, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Pure Electric Limited
- Date of Incorporation 22 Oct, 2018
- Jurisdiction GLASTONBURY, SOMERSET, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Secure Trust Bank
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Pure Electric
Pure Electric offers a comprehensive portfolio of products and services, including Air⁴ Scooter, Flex Scooter, and Escape+ Scooter. 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.
Compact e-scooter with powerful motor for urban commuting.
Ultra-compact design for easy storage and transport.
Robust model focused on stability and durability for daily rides.
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Funding Insights of Pure Electric
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(09 Mar 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Seed - Pure Electric | Valuation | Vaculug |
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| Mar, 2023 | Amount | Debt – Conventional - Pure Electric | Valuation |
investors |
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| Oct, 2022 | Amount | Seed - Pure Electric | Valuation |
investors |
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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 |
investors |
Investors in Pure Electric
Pure Electric has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Secure Trust Bank and Vaculug. 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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Automotive tyres are manufactured by Vaculug in the United Kingdom.
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Founded Year | Domain | Location | |
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Commercial bank
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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 Pure Electric
Pure Electric has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include London Electric Scooters. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electric scooter rental services are provided in London, UK.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Pure Electric
| 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 |
Pure Electric Comparisons
Competitors of Pure Electric
Pure Electric 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 Ethos Scooters, Man Firth, The EV Market Place, OnBoards and Gorilla Karts, 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 |
Sells electric scooters, bikes, accessories, and services online for urban mobility.
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| domain | founded_year | HQ Location |
Sells and repairs electric scooters and bikes in Leeds.
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| domain | founded_year | HQ Location |
Online platform for listing and selling used electric vehicles.
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| domain | founded_year | HQ Location |
Operates an e-commerce platform specializing in electric scooters and bicycles.
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| domain | founded_year | HQ Location |
Sells pedal go karts, hoverboards, electric scooters, bikes, and ride-on toys for kids.
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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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Latest news on Pure Electric
Frequently Asked Questions about Pure Electric
When was Pure Electric founded?
Pure Electric was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Pure Electric located?
Pure Electric is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
What does Pure Electric do?
Pure Electric was established in 2018 in Bristol, United Kingdom, as an online retailer in the electric mobility sector. A range of two-wheeled vehicles, including kick scooters, bikes, and cargo bikes, is offered via the platform pureelectric.com. Products from multiple brands such as Xiaomi, Bird, Cube, and Kona are featured. Services encompass various payment methods and maintenance support for users.
Who are the top competitors of Pure Electric?
Pure Electric's top competitors include Ethos Scooters, Man Firth and The EV Market Place.
What products or services does Pure Electric offer?
Pure Electric offers Air⁴ Scooter, Flex Scooter, and Escape+ Scooter.
How many acquisitions has Pure Electric made?
Pure Electric has made 1 acquisition, including London Electric Scooters.
Who are Pure Electric's investors?
Pure Electric has 2 investors. Key investors include Secure Trust Bank, and Vaculug.