Rad Power Bikes

Seattle, United States Founded: 2007 • Age: 19 yrs
Developer of electric bicycles

About Rad Power Bikes

Rad Power Bikes is a Transportation, Automotive & Logistics company based in Seattle (United States) founded in 2007. Developer of electric bicycles. 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. Rad Power Bikes has completed 1 acquisition, including QuietKat. Its website radpowerbikes.com draws about 262 thousand monthly visits. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Light Electric Vehicles. Its legal entity is RAD POWER BIKES, LLC. Its competitors include Aventon, Velotric and Evelo; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Seattle, United States
  • Employees 542
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Sports · Cycling and Biking
  • Email
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  • Phone
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  • Website radpowerbikes.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Rad Power Bikes, Llc
Key Metrics
  • Total Equity Funding
    $329M (USD)

    in 4 rounds

  • Latest Funding Round
    $154M (USD), Series D

    Oct 2021

  • Investors
  • Employee Count
    542
  • Investments & Acquisitions

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.

  • Total Funding $329M
  • Total Rounds 4
  • Last Round Series D β€” $154M
  • Investors Count 13

All 4 funding rounds of Rad Power Bikes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$154MSeries D–Fidelity Investments
Feb 2021$150MSeries C–T. Rowe Price, Morgan Stanley
Feb 2020$25MAngel Round–Stuart Nagae, Henry Ellenbogen
–
Mar 2019Angel Round–Darrell Cavens, Mark Vadon
–
Valuation history

13 investors in total: 9 institutional and 4 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment management services are offered by Durable Capital Partners.
durablecap.comBethesda, United States
Sector-agnostic VC investment company investing globally
therisefund.comSan Francisco, United States
Fund of funds focused on pre-seed and seed-stage companies
1992tpg.comFort Worth, United States
Private equity investments are backed by a single-family office firm.
capital.vulcan.comSeattle, United States
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
1946fidelity.comBoston, United States
Diversified asset management services are provided to investors globally.
1937troweprice.comBaltimore, United States
Develops real estate with focus on sustainability and community building.
1986vulcan.comSeattle, United States
Wealth management, investment advisory, and financial services are provided.
1935morganstanley.comNew York, United States

Stuart Nagae

Angel investor focusing on Indian startups, experienced in tech and finance.
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Investor details for Rad Power Bikes

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People of Rad Power Bikes

28 people are tracked at Rad Power Bikes (13 in leadership, 15 in team); the tracked headcount is 542.

NameRoleGroup
Tami Rodgers
Retail General ManagerLeadership
Ty Collins
Co-Founder & CMOLeadership
Pam Keenan Fritz
Chief People and Culture OfficerLeadership
Kathi Lentzsch
CEOLeadership
Dorothy Lee
General ManagerLeadership
Lindy Metz
Director Of People & CultureLeadership
Dior Biancofiori (Willis)
Head Of Retail And Customer ServiceLeadership
Megan Smith
Director Of Fp&a & OperationsLeadership
Marcus Silva
General ManagerLeadership
Thomas Bosch
Senior General ManagerLeadership
Kelsey Wolf
Director Of Brand Marketing & CommunicationsLeadership
Helen Cho
Head Of Legal, Corporate SecretaryLeadership
Manny Ruiz
General ManagerLeadership
Justin Duckham
Senior Copy & Content ManagerTeam
Precious Fragoso
Recruiting CoordinatorTeam
Bruce Hancey (He/Him)
Principal Executive RecruiterTeam
Kelsey Wickman
Senior Media Relations ManagerTeam
Kirsten Powell
Financial Systems AnalystTeam
Mandy Qüehl
Retail SupervisorTeam
Manuel Oliva García
Customer Experience CoachTeam

8 more people are available in the full profile.

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Complete people profiles for Rad Power Bikes

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Investments & Acquisitions by Rad Power Bikes

Rad Power Bikes has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include QuietKat.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
All-terrain electric bicycles are developed and distributed by QuietKat.
quietkat.comGypsum, United States2013Jun 2026β€’β€’β€’β€’
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Timeline of Rad Power Bikes

4 dated milestones of Rad Power Bikes across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Rad Power Bikes is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series D, of $154.0M.
  4. Acquisition Acquires QuietKat.

Competitors of Rad Power Bikes

Rad Power Bikes has 3 listed competitors in our database, 2 of them funded. They include Aventon, Velotric and Evelo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
aventon.com2012Brea, United States
Electric bicycles and accessories are manufactured and sold by Aventon.
velotricbike.com2021Menlo Park, United States$8.8M
Electric bicycles are manufactured for urban mobility solutions.
evelo.com2011New York, United States$1.46M
Electric bicycles developer
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Detailed competitors of Rad Power Bikes

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Web traffic of Rad Power Bikes

The website of Rad Power Bikes (radpowerbikes.com) receives about 261.9K visits a month and ranks #117,479 among all websites worldwide, #3,826 in Cycling and Biking.

  • Monthly visits
    261.9K

    ▼ 22.3% vs previous month

  • Unique visitors
    179.5K

    per month

  • Global rank
    #117,479

    among all websites

  • Category rank
    #3,826

    Sports · Cycling and Biking

Similar websites

Websites whose visitors overlap most with Rad Power Bikes. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
aventon.com
100%
769.5K#56,680View details
lectricebikes.com
91%
1.1M#44,128View details
ride1up.com
84%
232K#160,193View details
velotricbike.com
73%
412.5K#107,133View details
bicycling.com
72%
#59,388View details
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Rad Power Bikes

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  • Audience overlap
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Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Rad Power Bikes (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765 MUSD 244.66 M953
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.4 B2,813
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
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Related news about 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.

Rad Power Bikes has 542 employees.

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's top competitors include Aventon, Velotric and Evelo.

Rad Power Bikes has made 1 acquisition, including QuietKat.

Rad Power Bikes has 13 investors. Key investors include Fidelity Investments, Morgan Stanley, TPG, T. Rowe Price, and Vulcan Aerospace.

Rad Power Bikes operates through Rad Power Bikes, Llc.

The website of Rad Power Bikes receives about 262 thousand visits a month and ranks #117,479 among all websites worldwide.

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