United States · Sporting goods startup

Rad Power Bikes

Rad Power Bikes is an American electric bicycle brand founded in 2007 in Seattle, Washington.

Funding reportedLast round: Series D

Sporting goodsSeattle, United States

About Rad Power Bikes

Rad Power Bikes is an American electric bicycle brand founded in 2007 in Seattle, Washington.

It is recognized as North America’s largest e-bike manufacturer, with over 650,000 riders globally. The company operates a direct-to-consumer business model, offering a diverse range of Class 2 and Class 3 electric bikes designed for power, comfort, and utility. Their lineup includes utility bikes, cargo bikes, fat tire bikes, folding bikes, and commuter models, with prices ranging from $1,299 to $2,399. Rad Power Bikes targets a wide audience, including urban commuters, families, delivery workers, and adventure seekers. The brand emphasizes inclusive design and low-carbon transportation solutions. With a focus on accessibility, Rad Power Bikes aims to meet the needs of riders looking for practical and feature-rich electric bicycles. The company is currently a subsidiary of Life Electric Vehicles Holdings and is transitioning to US-based assembly.

What company datasets say Rad Power Bikes raised

Funding, as reported

Reported in all$329Min dollars
Rounds5
Last roundSeries D
Last round size$154M
Last round dateOct 2021
Investors listed8
Valuation$1.4B, Mar 2026

The company, in detail

What they build

Known for

lightweight designcustomer satisfactionclean energy & technologyconsumersbike safety technologyaccessorieshealth benefitsoutdoor recreationcarbon reductioncarbon footprint reductionmanufacturingoff-road bikingdiscount salesurban transport solutionstransportation solutionsgift cards

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Sector
Sporting goods
Industry code
NAICS 336991, 459110, SIC 3711
Region
Washington
Part of
LIFE e.V.
Revenue
$104M a year, as listed
Full record
Every detail in the company directory

Sporting goods in United States

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