# Lit Motors funding: rounds and investors

> Lit Motors has raised $3.8M across 3 rounds since 2013. Investors include Benchmark, Mark Pincus and Jung-Ju (Jay) Kim. Every round with its source.

Source: https://millionrounds.com/company/lit-motors (Millionrounds; every figure on the page links to its filing or article)

United States · [Crowdfunding startup](https://millionrounds.com/companies)

# Who invested in *Lit Motors*

3 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs

Funding summary Updated 26 Oct 2026

**$3.8M** raised across 3 rounds since 2013, from 3 sources

**$1.2M** Seed **$1.0M** Seed **$1.6M** Crowdfunding

- **Latest round:** Crowdfunding, $1.6M Apr 2025
- **Step-up i:** 1.6×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2015 2017 2019 2021 2023 2025

**$1.2M** Seed

**$1.0M** Seed

**$1.6M** Crowdfunding

- **First round:** Seed, $1.2M
- **Biggest round:** $1.6M
- **Usual gap between rounds:** 11.1 years

## The rounds

- **Apr 2025** Crowdfunding **$1.6M** No investor was named in the report. Source recorded SEC filing: $25K sold, first sale May 2025
- **Mar 2014** Seed **$1.0M** *6 new* [Benchmark](https://millionrounds.com/fund/benchmark) [Mark Pincus](https://millionrounds.com/fund/mark-pincus) [Jung-Ju (Jay) Kim](https://millionrounds.com/fund/jung-ju-jay-kim) [Yves Béhar](https://millionrounds.com/fund/yves-behar) [Damon Way](https://millionrounds.com/fund/damon-way) [Kelly Slater](https://millionrounds.com/fund/kelly-slater) From a historical funding record
- **Jan 2013** Seed **$1.2M** No investor was named in the report. From a historical funding record

## Founders and team

From Lit Motors's own website: 1 founder, 3 on the team.

**Daniel Kim** CEO, CTO, and Founder

- **Bill Webb** VP Industrial Product Design
- **Stefan Schaeper** VP Chassis & Integration
- **Natalia Amijo** Creative Director of Product Design

Advisers *Volker Kaese*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Seed** 2014 **Crowdfunding** 2025 [Benchmark](https://millionrounds.com/fund/benchmark) [Mark Pincus](https://millionrounds.com/fund/mark-pincus) [Jung-Ju (Jay) Kim](https://millionrounds.com/fund/jung-ju-jay-kim) [Yves Béhar](https://millionrounds.com/fund/yves-behar) [Damon Way](https://millionrounds.com/fund/damon-way) [Kelly Slater](https://millionrounds.com/fund/kelly-slater)

## Everyone who backed them

[Benchmark](https://millionrounds.com/fund/benchmark) VC firm **1** round

[Mark Pincus](https://millionrounds.com/fund/mark-pincus) Angel **1** round

[Jung-Ju (Jay) Kim](https://millionrounds.com/fund/jung-ju-jay-kim) Investment firm **1** round

[Yves Béhar](https://millionrounds.com/fund/yves-behar) VC firm **1** round

[Damon Way](https://millionrounds.com/fund/damon-way) Angel **1** round

[Kelly Slater](https://millionrounds.com/fund/kelly-slater) Angel **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lit-motors).

## Also claim to have backed them

This firm lists Lit Motors as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm Per its own site

## Quick answers about Lit Motors

### Who invested in Lit Motors?

Lit Motors's investors include Benchmark, Mark Pincus, Jung-Ju (Jay) Kim, Yves Béhar and Damon Way, and 1 more on record.

### How much has Lit Motors raised?

Lit Motors has raised $3.8M across 3 rounds since 2013.

### When did Lit Motors last raise?

Lit Motors's most recent round was a Crowdfunding of $1.6M in Apr 2025.

### What was Lit Motors's biggest round?

Its most recent round, $1.6M in Apr 2025, is also its largest on record.

### Who backed Lit Motors first?

Lit Motors's first round on record, in Mar 2014, was backed by Benchmark, Mark Pincus and Jung-Ju (Jay) Kim and 3 others.

### What stage is Lit Motors at?

Lit Motors's latest named round is a Crowdfunding, in Apr 2025.

### Where is Lit Motors based?

Lit Motors is based in the United States.

## Companies like Lit Motors

In the same sector, and raised in the last eighteen months.

[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**American Metal** $1.7M · Oct 2026](https://millionrounds.com/company/american-metal)[**Waymo** $27B · Oct 2026](https://millionrounds.com/company/waymo)[**Flai** $32M · Oct 2026](https://millionrounds.com/company/flai)[**Bloom** $418M · Oct 2026](https://millionrounds.com/company/bloom)[**Simple Energy** $199M · Sept 2026](https://millionrounds.com/company/simple-energy)

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