# Velotric: Sporting goods, Huntington Station, United States

> Velotric: Velotric is a premium electric bicycle brand based in California, founded in June 2021 by Adam Zhang, a former co-founder of Lime.

Source: https://millionrounds.com/startup/velotric (Millionrounds; every figure on the page links to its filing or article)

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

# Velotric

Velotric is a premium electric bicycle brand based in California, founded in June 2021 by Adam Zhang, a former co-founder of Lime.

Funding reported Last round: Series A

Sporting goods Huntington Station, United States

Company summary

- **Founded:** 2021 5 years old
- **Team:** 67 51 to 200 people
- **Funding reported:** $50M in dollars
- **Last round:** Series A Jun 2023

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 Velotric 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 Velotric

Velotric is a premium electric bicycle brand based in California, founded in June 2021 by Adam Zhang, a former co-founder of Lime.

The company has quickly established itself as a leading player in the North American e-bike market, serving over 150,000 riders and partnering with more than 1,200 dealers across 49 states. Velotric focuses on creating e-bikes that are user-friendly, comfortable, and stylish, blending U.S.-based design with global manufacturing expertise. The company offers a diverse range of 15 e-bike models, including commuter, fat-tire, mountain, folding, and cargo bikes. Each model features proprietary drive systems, powerful motors, and ergonomic designs to enhance the riding experience. Velotric operates primarily as a Direct-to-Consumer brand, supported by a robust dealer network and a commitment to customer service, including warranty and maintenance support. With a strong emphasis on innovation and quality, Velotric is recognized as one of the fastest-growing e-bike brands in the U.S. market.

## What company datasets say Velotric raised

Funding, as reported

Reported in all **$50M** in dollars

Rounds **3**

Last round **Series A**

Last round size **$1.4M**

Last round date **Jun 2023**

Investors listed **5**

## The company, in detail

What they build

Known for

consumers off-road suspension adventure riding long range safety certification mountain ebike hybrid ebike information technology & services sporting goods manufacturing safety certified folding bike all-weather ebike ebike 750w motor power assist b2c

Built with from their website

Google Tag Manager Amazon CloudFront Paypal Google Cloud Google Cloud Run Google Ads Clarity SDM Klaviyo YouTube Google Workspace

+8 more

CloudFlare Max Mega Menu Viewport Meta TrustArc Hubspot Facebook SDK Google Analytics Ecommerce Tracking crypto-js

- **Sector:** Sporting goods
- **Industry code:** NAICS 336991, 45911, SIC 3799
- **Region:** New York
- **Revenue:** $15M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/velotric)

## Sporting goods in United States

Startups like it

- [**Rad Power Bikes** Seattle · founded 2007](https://millionrounds.com/startup/rad-power-bikes)
- [**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)
- [**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)

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