Rad Power Bikes - About the company
Rad Power Bikes is a series D company based in Seattle (United States), founded in 2007. It operates as a Developer of electric bicycles. Rad Power Bikes has raised $329M in funding from investors like Fidelity Investments, Morgan Stanley and T. Rowe Price, with a current valuation of $*****. The company has 304 active competitors, including 21 funded and 10 that have exited. Its top competitors include companies like VanMoof, Aventon and Jetson Electric Bikes.
Company Details
Rad Power Bikes is a developer of electric bicycles. It provides utility, all-terrain, city, folding, and adventure bicycles with features like puncture-resistant tires, integrated brake lights, direct-drive hub motors, rear racks, twist-grip throttles, and mechanical disc brakes.
- Website
- www.radpowerbikes.com/
- Email ID
- *****@radpowerbikes.com
- Phone Number
- +1 **********
- Registered Address
- Seattle, Washington
Key Metrics
Founded Year
2007
Location
Seattle, United States
Stage
Series D
Total Funding
$329M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 18, 2025
Investors
Ranked
2nd among 304 active competitors
Employee Count
360 as on Aug 31, 2026
Legal entities associated with Rad Power Bikes
Rad Power Bikes is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
RAD POWER BIKES, LLC CIN: 473439648 , United States, Active | Dec 31, 2006 | - | 141 (As on Dec 31, 2024) | - |
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Rad Power Bikes's funding and investors
Rad Power Bikes has raised a total funding of $329M over 4 rounds. Its first funding round was on Mar 26, 2019. Its latest funding round was a Series D round on Oct 28, 2021 for $*****. 6 investors participated in its latest round. Rad Power Bikes has 9 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Rad Power Bikes:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 28, 2021 | 1098495 | Series D | 7940338 | 6557183 | 6358108 | 9413810 |
Feb 04, 2021 | 9016941 | Series C | 4190116 | 9872693 | 9313346 | |
Feb 05, 2020 | 9514211 | Angel | 5575683 | 6418430 | 5077622 |
View details of Rad Power Bikes's funding rounds and investors
Rad Power Bikes' founders and board of directors
Founder? Claim ProfileRad Power Bikes' employee count trend
Rad Power Bikes has 360 employees as of Aug 26. Here is Rad Power Bikes's employee count trend over the years:
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Rad Power Bikes's Competitors and alternates
Top competitors of Rad Power Bikes include VanMoof, Aventon and Jetson Electric Bikes. Here is the list of Top 10 competitors of Rad Power Bikes, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | VanMoof 2009, Amsterdam (Netherlands), Acquired | Manufacturer of electric bicycles | $200M | 61/100 | |
2nd | Rad Power Bikes 2007, Seattle (United States), Series D | Developer of electric bicycles | $329M | 59/100 | |
3rd | Aventon 2012, Brea (United States), Seed | Manufacturer of electric bicycles | - | 59/100 | |
4th | Jetson Electric Bikes 2011, Brooklyn (United States), Unfunded | Innovative e-mobility solutions: electric bikes, scooters, hoverboards, and accessories | - | - | 58/100 |
5th | TENWAYS 2021, Amsterdam (Netherlands), Series B | Manufacturers of electric bicycles | $43.9M | 57/100 | |
6th | Super73 2011, Irvine (United States), Series C | Platform offering electric bicycles | $71.3M | 56/100 | |
7th | Velotric 2021, Menlo Park (United States), Series A | Manufacturer of electric bicycles | $14M | 55/100 | |
8th | Ride1Up 2018, Walnut Creek (United States), Series A | Manufacturer of electric bicycles | $6.5M | 50/100 | |
9th | Life Electric Vehicles 2018, Deerfield Beach (United States), Seed | Manufacturer of electric bicycles | $2.2M | - | 45/100 |
10th | Blix Electric Bike 2006, San Francisco (United States), Unfunded | User-friendly electric bikes blending sleek design with an effortless riding experience | - | - | 43/100 |
Looking for more details on Rad Power Bikes's competitors? Click here to see the top ones
Rad Power Bikes's Investments and acquisitions
Rad Power Bikes has acquired 2 companies including QuietKat and QuietKat. Rad Power Bikes has not made any investments as of now.Reports related to Rad Power Bikes
Here is the latest report on Rad Power Bikes's sector:
News related to Rad Power Bikes
Media has covered Rad Power Bikes for a total of 11 events in the last 1 year, 6 of them have been about company updates and 1 about people movement.
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Rad Life Mobility Launches Public Investment Opportunity to Fund Electric Mobility Platform ExpansionNewswire•Aug 26, 2026•Rad Power Bikes
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Life EV Completes Rad Power Bikes Asset AcquisitionNewswire•Mar 05, 2026•Life Electric Vehicles, Rad Power Bikes
•
Rad Power Bikes launches RadWagon 5 electric cargo bike with a 60-mile rangeNotebookcheck Publishing GmbH•Jan 14, 2026•Rad Power Bikes, Aventon
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Rad Power Bikes closing stores in Vancouver, B.C., and Florida; 7 more will remain openGeekWire•Jan 09, 2026•Rad Power Bikes
•
New CEO leading Rad Power Bikes in the midst of e-bike seller’s bankruptcy proceedingsGeekWire•Dec 30, 2025•Rad Power Bikes
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Rad Power Bikes files for bankruptcy, hoping to sell the companyElectrek•Dec 17, 2025•Rad Power Bikes
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Rad Power Bikes hits another roadblock as U.S. safety commission issues product safety warningGeekWire•Nov 25, 2025•Rad Power Bikes
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Rad Power Bikes may shut down in January if it fails to secure acquisition/fundingTechCrunch+•Nov 11, 2025•Rad Power Bikes
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Rad Power settles lawsuit over alleged Rad Runner Plus e-bike defectBicycle Retailer•Sep 10, 2025•Rad Power Bikes
•
Gymshark partners with R.A.D for limited-edition footwear launch.Fashion Network•Sep 08, 2025•Gymshark, Rad Power Bikes
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