About Rad Power Bikes
Rad Power Bikes is a company based in Seattle (United States) founded in 2007. Rad Power Bikes has raised $329 million across 4 funding rounds from investors including Fidelity Investments, Morgan Stanley and TPG. The company has 542 employees as of December 31, 2022. Rad Power Bikes operates in a competitive market with competitors including VanMoof, TENWAYS, Aventon, Velotric and Evelo, among others.
- Headquarter Seattle, United States
- Employees 542 as on 31 Dec, 2022
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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 Rad Power Bikes, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$329 M (USD)
in 4 rounds
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Latest Funding Round
$154 M (USD), Series D
Oct 28, 2021
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Investors
Fidelity Investments
& 12 more
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Employee Count
542
as on Dec 31, 2022
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People of Rad Power Bikes
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Funding Insights of Rad Power Bikes
Rad Power Bikes has successfully raised a total of $329M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $154 million completed in October 2021. 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.
Investors in Rad Power Bikes
Rad Power Bikes has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, Morgan Stanley and TPG.
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Investment management services are offered by Durable Capital Partners.
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Sector-agnostic VC investment company investing globally
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Investor details for Rad Power Bikes
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Investments & Acquisitions by Rad Power Bikes
Investment portfolio details for Rad Power Bikes
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Financial Statements - Rad Power Bikes
Detailed financials for Rad Power Bikes
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Rad Power Bikes Comparisons
Peer comparison for Rad Power Bikes
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Competitors of Rad Power Bikes
Rad Power Bikes 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, TENWAYS, Aventon, Velotric and Evelo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric bicycles with integrated technology are manufactured by VanMoof.
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Electric bicycles are designed and manufactured by TENWAYS.
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Electric bicycles and accessories are manufactured and sold by Aventon.
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Electric bicycles are manufactured for urban mobility solutions.
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Electric bicycles developer
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Detailed competitors of Rad Power Bikes
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Latest news on Rad Power Bikes
Complete news archive for Rad Power Bikes
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Frequently Asked Questions about Rad Power Bikes
Rad Power Bikes was founded in 2007 and raised its 1st funding round 12 years after it was founded.
Rad Power Bikes is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Rad Power Bikes is a funded company, having raised a total of $329M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Rad Power Bikes is 542.
Rad Power Bikes was founded in 2007 in Seattle, United States, and operates in the electric bicycle sector. Utility, all-terrain, city, folding, and adventure bicycles are produced, equipped with puncture-resistant tires, integrated brake lights, direct-drive hub motors, rear racks, twist-grip throttles, and mechanical disc brakes. Distribution occurs through the companys domain, radpowerbikes.com, targeting urban and outdoor mobility needs.
Rad Power Bikes has 13 investors. Key investors include Fidelity Investments, Morgan Stanley, TPG, T. Rowe Price, and Vulcan Aerospace.