Rad Power Bikes Overview
- Year Founded
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2007

- Status
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Private
- Employees
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394

- Latest Deal Type
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Series D
- Latest Deal Amount
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$154M
- Investors
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10
Rad Power Bikes General Information
Description
Manufacturer of electric bicycles intended to be used for on and off-road use. The company's bicycles are sold directly to consumers and are a consumer-direct business that designs electric bikes that are packed with power, comfort, and utility, enabling bicycle enthusiasts to get access to feature-rich, and affordable e-bikes based on each person's individual needs.
Contact Information
Website
www.radpowerbikes.comCorporate Office
- 1128 Northwest 52nd Street
- Seattle, WA 98107
- United States
Corporate Office
- 1128 Northwest 52nd Street
- Seattle, WA 98107
- United States
Rad Power Bikes Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Later Stage VC (Series D) | 28-Oct-2021 | $154M | Completed | Generating Revenue | ||
5. Later Stage VC (Series C) | 04-Feb-2021 | Completed | Generating Revenue | |||
4. Later Stage VC (Series B) | 27-Jan-2020 | Completed | Generating Revenue | |||
3. Later Stage VC (Series A) | Completed | Generating Revenue | ||||
2. Angel (individual) | 26-Mar-2019 | Completed | Generating Revenue | |||
1. Product Crowdfunding | 18-May-2015 | $320K | Completed | Generating Revenue |
Rad Power Bikes Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | ||||||||
Series D-1 | ||||||||
Series C | ||||||||
Series B-4 | ||||||||
Series B-3 | ||||||||
Series B-2 | ||||||||
Series B-1 | 5,437,000 | $0.000010 | $0.92 | $0.92 | 1x | $0.92 | 3.15% | |
Series A | 8,108,000 | $0.000010 | $0.02 | $0.02 | 1x | $0.02 | 4.7% |
VC Exit Predictor
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Rad Power Bikes Comparisons
Industry
Financing
Details
Rad Power Bikes Competitors (9)
One of Rad Power Bikes’s 9 competitors is Evelo, a Venture Capital-Backed company based in Seattle, WA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Evelo | Venture Capital-Backed | Seattle, WA | ||||
Pedego Electric Bikes | Venture Capital-Backed | Fountain Valley, CA | ||||
Lectric eBikes | Private Equity-Backed | Phoenix, AZ | ||||
ENGWE | Corporation | Shenzhen, China | ||||
Sondors eBike | Angel-Backed | Malibu, CA |
Rad Power Bikes Patents
Rad Power Bikes Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20250091676-A1 | Storage assembly for a cargo bicycle | Pending | 19-Aug-2024 | ||
US-20240409183-A1 | Axle retention for an electric bicycle | Pending | 06-Jun-2023 | ||
CA-223318-S | Frame for an electric bicycle | Active | 28-Feb-2023 | ||
US-D1066140-S1 | Frame for an electric bicycle | Active | 28-Feb-2023 | ||
US-D1031617-S1 | Trailer accessory | Active | 29-Jul-2022 |
Rad Power Bikes Signals
Rad Power Bikes Investors (10)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Counterpoint Global | Asset Manager | Minority | ||
Fidelity Management & Research Company | Asset Manager | Minority | ||
Morgan Stanley Investment Management | Asset Manager | Minority | ||
The Rise Fund | Impact Investing | Minority | ||
Cercano Management | PE/Buyout | Minority |
Rad Power Bikes FAQs
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When was Rad Power Bikes founded?
Rad Power Bikes was founded in 2007.
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Where is Rad Power Bikes headquartered?
Rad Power Bikes is headquartered in Seattle, WA.
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What is the size of Rad Power Bikes?
Rad Power Bikes has 394 total employees.
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What industry is Rad Power Bikes in?
Rad Power Bikes’s primary industry is Recreational Goods.
-
Is Rad Power Bikes a private or public company?
Rad Power Bikes is a Private company.
-
What is the current valuation of Rad Power Bikes?
The current valuation of Rad Power Bikes is
. -
What is Rad Power Bikes’s current revenue?
The current revenue for Rad Power Bikes is
. -
How much funding has Rad Power Bikes raised over time?
Rad Power Bikes has raised $329M.
-
Who are Rad Power Bikes’s investors?
Counterpoint Global, Fidelity Management & Research Company, Morgan Stanley Investment Management, The Rise Fund, and Cercano Management are 5 of 10 investors who have invested in Rad Power Bikes.
-
Who are Rad Power Bikes’s competitors?
Evelo, Pedego Electric Bikes, Lectric eBikes, ENGWE, and Sondors eBike are some of the 9 competitors of Rad Power Bikes.
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