Segway

Bedford, United States Founded: 1999 • Age: 27 yrs Acquired By Segway-Ninebot
Multi-category electric vehicles are manufactured for diverse applications.

About Segway

Segway is a Transportation, Automotive & Logistics company based in Bedford (United States) founded in 1999 by Dean Kamen, and was acquired by Segway-Ninebot in April 2015. Multi-category electric vehicles are manufactured for diverse applications. It operates on a Direct-to-Consumer (D2C) model. Segway has raised $101.78 million across 5 funding rounds from investors including Kleiner Perkins, Segway-Ninebot and Credit Suisse. Its website segway.com draws about 973 thousand monthly visits. Segway offers products and services including Personal Transportation Devices. Its focus areas include Consumer Goods, Personal Mobility and Electric Scooters. Its competitors include Unagi Scooters, GOTRAX and Levy Electric; 1 of its 3 listed competitors has raised funding.

Company details

Innovative personal mobility devices are developed and sold by Segway. Focus is placed on electric scooters and other compact transportation solutions. The company targets individual consumers seeking efficient and eco-friendly travel options. Products are designed for urban environments and short-distance commuting needs.

  • Headquarters Bedford, United States
  • Founders Dean Kamen
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Sports · Cycling and Biking
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website segway.com
  • Social LinkedIn X Facebook
  • Acquired by Segway-Ninebot (Apr 2015)
Key Metrics

Products & Services of Segway

Segway offers a comprehensive portfolio of products and services, including Personal Transportation Devices.

Personal Transportation Devices
Transportation

Personal transportation solutions are provided for individual mobility.

Funding Insights of Segway

Segway has successfully raised a total of $101.78M across 5 strategic funding rounds. 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 $101.78M
  • Total Rounds 5
  • First Round $60.46M

    (Dec 2005)

  • Investors Count 8

All 5 funding rounds of Segway with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2016Series E–Intel Education Accelerator
Apr 2009$40,000Series D––
–
May 2008$36.28MSeries D–Duff Ackerman & Goodrich, Credit Suisse First Boston
Apr 2008$5MSeries D–Credit Suisse, DAG Ventures
–
Dec 2005$60.46MSeries C––
–
Valuation history

9 investors in total: 9 institutional.

Investors in Segway

Segway has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Kleiner Perkins, Segway-Ninebot and Credit Suisse.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Sovereign wealth is managed and private equity investments are facilitated.
gic.com.sgSingapore, Singapore
Education startups are funded and mentored by Intel-backed accelerator.
intel.com/content/www/us/en/education/accelerator/education-accelerator-home.html
US investment opportunities are targeted from San Francisco.
dagllc.comSan Francisco, United States
Venture capital firm investing in early-stage tech startups
1972kleinerperkins.comMenlo Park, United States
Mid-stage venture capital investments and support for tech entrepreneurs.
dagventures.com
Masdar is recognized as a pioneer in clean energy solutions.
2006masdar.aeAbu Dhabi, United Arab Emirates
csfb.com
Wealth management, asset management, and investment banking services are offered.
1856credit-suisse.comZurich, Switzerland
Multi-category electric vehicles and robots are manufactured by Segway-Ninebot.
2012ninebot.comBeijing, China
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Investor details for Segway

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  • Round participation
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People of Segway

8 people are tracked at Segway (6 in leadership, 2 in team).

NameRoleGroup
Dean Kamen
FounderLeadership
Jeanette Chiu
Creative DirectorLeadership
Rod Keller
PresidentLeadership
Emily Brown
Sales DirectorLeadership
Tom Hebert
Vice President Sales MarketingLeadership
Wei Zhao
Head Of Legal North AmericaLeadership
Cj Bradbury
Northeast Sales ManagerTeam
Christopher Rubin
Inside Sales ManagerTeam
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Complete people profiles for Segway

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Timeline of Segway

4 dated milestones of Segway across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded Segway is founded.
  2. Funding First funding round of $60.5M.
  3. Exit Acquired by Segway-Ninebot.
  4. Funding Latest funding round, Series E,.

Competitors of Segway

Segway has 3 listed competitors in our database, 1 of them funded. They include Unagi Scooters, GOTRAX and Levy Electric.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
unagiscooters.com2018Denver, United States$30.95M54
Electric kick scooters are manufactured and developed by Unagi Scooters.
gotrax.com2017Denver, United States
Sells electric scooters, bikes, and parts for urban mobility solutions.
levyelectric.com2018New York, United States
Provides affordable electric scooters with swappable batteries for daily urban travel.
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Detailed competitors of Segway

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  • Operating metrics
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Web traffic of Segway

The website of Segway (segway.com) receives about 973.3K visits a month and ranks #44,557 among all websites worldwide, #1,400 in Cycling and Biking.

  • Monthly visits
    973.3K

    ▼ 22.4% vs previous month

  • Unique visitors
    644.3K

    per month

  • Global rank
    #44,557

    among all websites

  • Category rank
    #1,400

    Sports · Cycling and Biking

Similar websites

Websites whose visitors overlap most with Segway. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
aventon.com
100%
769.5K#56,680View details
segwayfrance.com
segwayfrance.com
96%
#644,735–
pivotcycles.com
pivotcycles.com
94%
#270,949–
radpowerbikes.com
92%
261.9K#117,479View details
pedegoelectricbikes.com
92%
52.8K#506,129View details
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#‒‒‒‒‒–
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 Segway

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  • 40 similar websites
  • Audience overlap
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Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Segway (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 Segway

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Complete news archive for Segway

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Frequently Asked Questions about Segway

Segway was founded in 1999 and raised its 1st funding round 6 years after it was founded.

Segway is headquartered in Bedford, United States.

Segway is a funded company, having raised a total of $101.78M across 5 funding rounds to date. The company's 1st funding round was a Series C of $60.46M, raised on Dec 2005.

Innovative personal mobility devices are developed and sold by Segway. Focus is placed on electric scooters and other compact transportation solutions. The company targets individual consumers seeking efficient and eco-friendly travel options. Products are designed for urban environments and short-distance commuting needs.

Segway's top competitors include Unagi Scooters, GOTRAX and Levy Electric.

Segway offers Personal Transportation Devices.

Segway has 9 investors. Key investors include Kleiner Perkins, Segway-Ninebot, Credit Suisse, Masdar, and GIC.

Yes. Segway was acquired by Segway-Ninebot in April 2015.

The website of Segway receives about 973 thousand visits a month and ranks #44,557 among all websites worldwide.

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