EMotorad Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
235
- Latest Deal Type
-
Early Stage VC
- Latest Deal Amount
-
$7.2M
- Investors
-
13
EMotorad General Information
Description
Manufacturer of electric-powered bicycles intended to accelerate the world towards net-zero emissions. The company's bicycles specialize in lightweight, simple designs and have fat tires with dual suspension technology, enabling adventure seekers, daily commuters, or casual riders to access sustainable mobility alternatives at an affordable price, moving effortlessly through urban spaces while maintaining the pleasures of manual cycling.
Contact Information
Website
www.emotorad.comCorporate Office
- At Post Jambe, Taluka Mulshi
- 169/2 Sangawade Road
- Pune, Maharashtra 411033
- India
Corporate Office
- At Post Jambe, Taluka Mulshi
- 169/2 Sangawade Road
- Pune, Maharashtra 411033
- India
EMotorad Timeline
EMotorad Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Early Stage VC | 15-Dec-2024 | $7.2M | Completed | Generating Revenue | ||
| 5. Early Stage VC | 27-Nov-2023 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 05-Apr-2023 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 25-Oct-2022 | Completed | Generating Revenue | |||
| 2. Seed Round | 25-Oct-2021 | $3M | $3M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
EMotorad Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | ||||||||
| Series E CCPS | ||||||||
| Ordinary Shares | ||||||||
| Preference Shares | ||||||||
| Ordinary Shares | 2,137 | $0.118215 | $153.68 | $153.68 | 1x | $153.68 | 1.57% | |
| Ordinary Shares | 1,593 | $0.118215 | $148.42 | $148.42 | 1x | $148.42 | 1.17% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
EMotorad Comparisons
Industry
Financing
Details
EMotorad Competitors (6)
One of EMotorad’s 6 competitors is Bounce Infinity, a Venture Capital-Backed company based in Gurgaon, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Bounce Infinity | Venture Capital-Backed | Gurgaon, India | ||||
| Rad Power Bikes | Formerly VC-backed | Deerfield Beach, FL | ||||
| Swagtron | Venture Capital-Backed | South Bend, IN | ||||
| Lectric eBikes | Private Equity-Backed | Phoenix, AZ | ||||
| Gear Head Motors | Venture Capital-Backed | Hyderabad, India |
EMotorad Patents
EMotorad Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2024150144-A1 | System and method of gear shifting for a bicycle | Inactive | 11-Jan-2023 |
EMotorad Signals
EMotorad Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| New Radio Venture | Venture Capital | Minority | ||
| Alteria Capital | Venture Capital | Minority | ||
| Panthera Growth Partners | Growth/Expansion | Minority | ||
| xto10x | VC-Backed Company | Minority |
EMotorad Acquisitions (1)
EMotorad’s most recent deal was a Merger/Acquisition with Panine. The deal was made on 14-Feb-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Panine | 14-Feb-2022 | Merger/Acquisition | Other Energy Services |
EMotorad FAQs
-
When was EMotorad founded?
EMotorad was founded in 2016.
-
Where is EMotorad headquartered?
EMotorad is headquartered in Pune, India.
-
What is the size of EMotorad?
EMotorad has 235 total employees.
-
What industry is EMotorad in?
EMotorad’s primary industry is Recreational Goods.
-
Is EMotorad a private or public company?
EMotorad is a Private company.
-
What is the current valuation of EMotorad?
The current valuation of EMotorad is .
-
What is EMotorad’s current revenue?
The current revenue for EMotorad is .
-
How much funding has EMotorad raised over time?
EMotorad has raised $65.5M.
-
Who are EMotorad’s investors?
, New Radio Venture, Alteria Capital, Panthera Growth Partners, and xto10x are 5 of 13 investors who have invested in EMotorad.
-
Who are EMotorad’s competitors?
Bounce Infinity, Rad Power Bikes, Swagtron, Lectric eBikes, and Gear Head Motors are some of the 6 competitors of EMotorad.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process