# Rad Power Bikes: Sporting goods, Seattle, United States > Rad Power Bikes: Rad Power Bikes is an American electric bicycle brand founded in 2007 in Seattle, Washington. Based in Seattle, United States. Founded 2007. Source: https://millionrounds.com/startup/rad-power-bikes (Millionrounds; every figure on the page links to its filing or article) United States · [Sporting goods startup](https://millionrounds.com/companies) # Rad Power Bikes Rad Power Bikes is an American electric bicycle brand founded in 2007 in Seattle, Washington. Funding reported Last round: Series D Sporting goods Seattle, United States Company summary - **Founded:** 2007 19 years old - **Team:** 360 201 to 1,000 people - **Funding reported:** $329M in dollars - **Last round:** Series D Oct 2021 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for Rad Power Bikes has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## 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 **$329M** in dollars Rounds **5** Last round **Series D** Last round size **$154M** Last round date **Oct 2021** Investors listed **8** Valuation **$1.4B, Mar 2026** ## The company, in detail What they build Known for lightweight design customer satisfaction clean energy & technology consumers bike safety technology accessories health benefits outdoor recreation carbon reduction carbon footprint reduction manufacturing off-road biking discount sales urban transport solutions transportation solutions gift cards Built with from their website Amazon SES Google Tag Manager HREF Lang Atlassian Clarity SDM Klaviyo Google Workspace CloudFlare Viewport Meta Shogun +8 more TrustArc Mimecast Amazon Simple Email Service Yotpo Google Meet FedEx Priority Hints Microsoft Exchange - **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](https://millionrounds.com/directory/rad-power-bikes) ## Sporting goods in United States Startups like it - [**Trek Bicycle** Waterloo · founded 1976](https://millionrounds.com/startup/trek-bicycle) - [**NOBULL** Boston · founded 2015](https://millionrounds.com/startup/nobull) - [**PING INC** Phoenix](https://millionrounds.com/startup/ping-inc) - [**KUIU** Dixon · founded 2011](https://millionrounds.com/startup/kuiu) - [**Velotric** Huntington Station · founded 2021](https://millionrounds.com/startup/velotric) - [**Shock Doctor** Fountain Valley · founded 1993](https://millionrounds.com/startup/shock-doctor) - [**Good Good Golf** Frisco · founded 2020](https://millionrounds.com/startup/good-good-golf) - [**ROKA** Austin · founded 2013](https://millionrounds.com/startup/roka-3) ## Is this your company? Add your raise, your deck and your story, and put Rad Power Bikes in front of investors. Or tell us what we have wrong. [List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)