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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
Social
XFacebook
Email ID
*****@damon.com
Key Metrics
Founded Year
2017
Location
Vancouver, Canada
Stage
Public
Total Funding
$40.3M in 8 rounds
Latest Funding Round
Investors
Ranked
Employee Count
74 as on Dec 31, 2024
Similar Companies
Exit Details
Public

Damon's IPO details

Damon got listed on Nov 18, 2024.
Click here to take a look at Damon's IPO in detail
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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:lockFilter this list
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
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Damon's founders and board of directors

Founder? Claim Profile
The founders of Damon are Jay Giraud and Dom Kwong. Jay Giraud is the CEO of Damon.
Here are the details of Damon's key team members:

Damon's employee count trend

Damon has 74 employees as of Dec 24. Here is Damon's employee count trend over the years:
Employee count trend for Damon
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ultraviolette
Ultraviolette
2016, Bengaluru (India), Series E
Platform offering high-performance electric motorcycles
$83M
73/100
2nd
Logo for Zero Motorcycles
Zero Motorcycles
2006, Scotts Valley (United States), Series G
Manufacturer of electric motorbikes
$569M
71/100
3rd
Logo for Damon
Damon
2017, Vancouver (Canada), Public
Developer of electric motorcycles and related digital platform for riders
$40.3M
72/100
4th
Logo for Oben Electric
Oben Electric
2020, Bengaluru (India), Series A
Platform offering electric motorcycles
$27.4M
68/100
5th
Logo for Alta Motors
Alta Motors
2010, San Francisco (United States), Series C
Designer & manufacturer of lightweight electric motorcycles
$63.5M
66/100
6th
Logo for Tork Motors
Tork Motors
2010, Pimpri Chinchwad (India), Series C
Manufacturer of electric motorcycles
$10.2M
66/100
7th
Logo for Segway-Ninebot
Segway-Ninebot
2012, Beijing (China), Series C
Manufacturer of multi-category electric vehicles
$240M
64/100
8th
Logo for NEVS
NEVS
2012, Trollhattan (Sweden), Acquired
Manufacturer of electric autonomous cars
$500M
64/100
9th
Logo for MATTER
MATTER
2019, Ahmedabad (India), Series B
Platform offering electric mobility solutions
$67.8M
62/100
10th
Logo for Kinetic Green
Kinetic Green
2015, Pune (India), Series A
Manufacturer of multiple categories of electric vehicles
$25.5M
64/100
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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

lockFilter this list
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.
Damon names Dino Mariutti as interim CFOSeeking AlphaFeb 09, 2026Damon
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FAQs about Damon

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