Rad Power Bikes Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Private

  • Employees
  • 394

Employees

  • Latest Deal Type
  • Series D

  • Latest Deal Amount
  • $154M

  • Investors
  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1128 Northwest 52nd Street
  • Seattle, WA 98107
  • United States
+1 (800)
Primary Industry
Recreational Goods
Other Industries
Automotive
Corporate Office
  • 1128 Northwest 52nd Street
  • Seattle, WA 98107
  • United States
+1 (800)

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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
To view Rad Power Bikes’s complete valuation and funding history, request access »

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%
To view Rad Power Bikes’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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Rad Power Bikes Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of electric bicycles intended to be used for on and off-road use. The company's bicycles are sold directly
Recreational Goods
Seattle, WA
394 As of 2024

Seattle, WA
 

Fountain Valley, CA
 
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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
You’re viewing 5 of 9 competitors. Get the full list »

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
To view Rad Power Bikes’s complete patent history, request access »

Rad Power Bikes Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 10 investors. Get the full list »

Rad Power Bikes FAQs

  • When was Rad Power Bikes founded?

    Rad Power Bikes was founded in 2007.

  • Where is Rad Power Bikes headquartered?

    Rad Power Bikes is headquartered in Seattle, WA.

  • What is the size of Rad Power Bikes?

    Rad Power Bikes has 394 total employees.

  • 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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