Damon - About the company
Damon is a public company based in Vancouver (Canada), founded in 2017 by Jay Giraud and Dom Kwong. It operates as a Developer of electric motorcycles and related digital platform for riders. Damon has raised $40.3M in funding from investors like Techstars, Indika Energy and Pallasite Ventures. The company has 1037 active competitors, including 69 funded and 23 that have exited. Its top competitors include companies like Ultraviolette, Zero Motorcycles and Oben Electric.
Company Details
Developer of electric motorcycles and related digital platform for riders. The company designs and manufactures electric motorcycles. It also provides a digital platform that offers connectivity, data, and software updates. The platform aims to enhance the riding experience and road safety.
- Website
- damon.com
- Email ID
- *****@damon.com
Key Metrics
Founded Year
2017
Location
Vancouver, Canada
Stage
Public
Total Funding
$40.3M in 8 rounds
Latest Funding Round
Ranked
3rd among 1037 active competitors
Employee Count
74 as on Dec 31, 2024
Similar Companies
Exit Details
Public
Damon's IPO details
Damon got listed on Nov 18, 2024.
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Damon's funding and investors
Damon has raised a total funding of $40.3M over 8 rounds. Its first funding round was on 2017. Its latest funding round was a Series B round on Jan 17, 2023 for $*****. 1 investor participated in its latest round. Damon has 15 institutional investors.
Here is the list of recent funding rounds of Damon:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 17, 2023 | 4382056 | Series B | 7775877 | 1069185 | 1144269 | 5221876 |
Nov 22, 2021 | 1200496 | Series B | 4255765 | 7752321 | 9680640 | 7961701 |
Mar 10, 2021 | 7576092 | Series B | 2552423 | 2664126 | 7843711 |
View details of Damon's funding rounds and investors
Damon's founders and board of directors
Founder? Claim ProfileHere are the details of Damon's key team members:
- Jay Giraud: Co-Founder & CEO of Damon and founder of 1 other company. Contact Info: 1 email address
- Dom Kwong: Co-Founder of Damon.
View details of Damon's Founder profiles and Board Members
Damon's employee count trend
Damon has 74 employees as of Dec 24. Here is Damon's employee count trend over the years:
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Damon's Competitors and alternates
Top competitors of Damon include Ultraviolette, Zero Motorcycles and Oben Electric. Here is the list of Top 10 competitors of Damon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ultraviolette 2016, Bengaluru (India), Series E | Platform offering high-performance electric motorcycles | $83M | 73/100 | |
2nd | Zero Motorcycles 2006, Scotts Valley (United States), Series G | Manufacturer of electric motorbikes | $569M | 71/100 | |
3rd | Developer of electric motorcycles and related digital platform for riders | $40.3M | 72/100 | ||
4th | Oben Electric 2020, Bengaluru (India), Series A | Platform offering electric motorcycles | $27.4M | 68/100 | |
5th | Alta Motors 2010, San Francisco (United States), Series C | Designer & manufacturer of lightweight electric motorcycles | $63.5M | 66/100 | |
6th | Tork Motors 2010, Pimpri Chinchwad (India), Series C | Manufacturer of electric motorcycles | $10.2M | 66/100 | |
7th | Segway-Ninebot 2012, Beijing (China), Series C | Manufacturer of multi-category electric vehicles | $240M | 64/100 | |
8th | Manufacturer of electric autonomous cars | $500M | 64/100 | ||
9th | Platform offering electric mobility solutions | $67.8M | 62/100 | ||
10th | Kinetic Green 2015, Pune (India), Series A | Manufacturer of multiple categories of electric vehicles | $25.5M | 64/100 |
Looking for more details on Damon's competitors? Click here to see the top ones
Damon's Investments and acquisitions
Damon has made no investments or acquisitions yet.
Reports related to Damon
Here is the latest report on Damon's sector:
News related to Damon
Media has covered Damon for a total of 19 events in the last 1 year, 12 of them have been about company updates and 1 about partnerships.
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SpeedX USA Project Goes Live: DAMON demonstrates its global System-Integration StrengthPR Newswire•Nov 07, 2025•Damon
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