Segway - About the company
Segway is an acquired company based in Arcadia (United States), founded in 1999 by Dean Kamen. It operates as a Manufacturer of multi-category electric vehicles. Segway has raised $102M in funding from investors like Credit Suisse First Boston, Credit Suisse and DAG Ventures. The company has 200 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Apollo Scooters, Unagi Scooters and GOTRAX.
Company Details
Manufacturer of multi-category electric vehicles. The company develops electric vehicles for personal, commercial, Powersports, and more purposes. It offers various vehicles like electric kick-scooters, go-karts, electric skateboards, electric dirt bikes, all-terrain electric vehicles, and more. Also, it offers AI-enabled robots for delivery and logistics purposes. It offers features like a dual suspension system, ease of maintenance, and more.
- Website
- www.segway.com/
- Social
- Email ID
- *****@segway.com
- Registered Address
- Bedford, New Hampshire
Key Metrics
Founded Year
1999
Location
Arcadia, United States
Stage
Acquired
Total Funding
$102M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 200 active competitors
Employee Count
309 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Segway-Ninebot (Apr 15, 2015)
Legal entities associated with Segway
Segway is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SEGWAY INC. CIN: 20518878 , United States, Active | Dec 26, 999 | - | 76 (As on Dec 31, 2024) | - |
SEGWAY, INC. CIN: 5200155 , United States, Active | Sep 11, 2017 | - | - | - |
Segway Inc. CIN: 20211937562 , United States, Active | Oct 11, 2021 | - | - | - |
SEGWAY LIMITED CIN: 12115547 , United Kingdom, Active | Jul 21, 2019 | - | - |
Segway's acquisition details
Segway got acquired by Segway-Ninebot on Apr 15, 2015 at an acquisition amount of $80M. It was facilitated by Angle Advisors and BDO Capital Advisors.
Click here to take a look at Segway's acquisition in detail
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Segway's funding and investors
Segway has raised a total funding of $102M over 5 rounds. Its first funding round was on Dec 2005. Its latest funding round was a Series E round on Jan 04, 2016 for $*****. 2 investors participated in its latest round. Segway has 15 institutional investors.
Here is the list of recent funding rounds of Segway:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 04, 2016 | 5853231 | Series E | 2812170 | 9331679 | 9615001 | 7112099 |
Apr 16, 2009 | 5135436 | Series D | 4688473 | 6727227 | 6187996 | 7950079 |
May 02, 2008 | 4499303 | Series D | 1304173 | 5421520 |
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Segway's founders and board of directors
Founder? Claim ProfileThe founders of Segway is Dean Kamen.
Here are the details of Segway's key team members:
- Dean Kamen: Founder of Segway and founder of 1 other company. Contact Info: 1 email address
- Roger L Brown II: CEO of Segway.
View details of Segway's Founder profiles and Board Members
Segway's employee count trend
Segway has 309 employees as of Mar 26. Here is Segway's employee count trend over the years:
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Segway's Competitors and alternates
Top competitors of Segway include Apollo Scooters, Unagi Scooters and GOTRAX. Here is the list of Top 10 competitors of Segway, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Segway 1999, Arcadia (United States), Acquired | Manufacturer of multi-category electric vehicles | $102M | 77/100 | |
2nd | Apollo Scooters 2019, Montreal (Canada), Unfunded | Retailer of personal electric scooters and related accessories for consumers | - | - | 59/100 |
3rd | Unagi Scooters 2018, Denver (United States), Series B | Manufacturer of electric kick scooters | $31M | 51/100 | |
4th | GOTRAX 2017, Denver (United States), Unfunded | Manufacturer platform offering light electric vehicles such as kick scooters | - | - | 44/100 |
5th |  bo 2019, Oxford (United Kingdom), Unfunded | Manufacturer of AI-powered electric kick-scooters | - | - | 41/100 |
6th | Developer of electric kick scooters | - | - | 41/100 | |
7th |  Levy Electric 2018, New York City (United States), Unfunded | Manufacturer of folding electric kick-scooters | - | - | 40/100 |
8th | Manufacturer of electric kick scooters | $3.3M | 37/100 | ||
9th | Razor 2016, Cerritos (United States), Unfunded | Electric kick scooters | - | - | 36/100 |
10th |  Phantomgogo 2021, Irvine (United States), Unfunded | Manufacturer of electric kick scooters | - | - | 35/100 |
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Segway's Investments and acquisitions
Segway has a total of 1 investment in Fixposition. Segway has not made any acquisitions as of now.Reports related to Segway
Here is the latest report on Segway's sector:
News related to Segway
Filter this listMedia has covered Segway for a total of 37 events in the last 1 year, 28 of them have been about company updates and 7 about partnerships.
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Segway Announces 1 Million Units Sold of Ninebot E2 Series Electric Kick-Scooters WorldwidePR Newswire•Apr 22, 2026•Segway
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Segway Navimow robotic lawn mowers achieve Market-First TÜV Rheinland Lawn Care CertificationPR Newswire•Apr 14, 2026•Segway
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Dott and Segway Partner to Boost Green Mobility at Milan 2026 Winter EventsPR Newswire•Feb 13, 2026•Dott, Segway
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ELKO & Segway Navimow Partner to Expand Robotic Mower Reach in 7 MarketsEuropaWire•Feb 06, 2026•Segway, ELKO Group
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Segway Launches New Cheaper Navimow i2 AWD Robot Lawn Mowers in More CountriesNotebookcheck Publishing GmbH•Feb 03, 2026•Segway
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New Segway Navimow i2 LiDAR with three-wheel drive launchesNotebookcheck Publishing GmbH•Feb 03, 2026•Segway
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