Segway-Ninebot - About the company
Segway-Ninebot is a series C company based in Beijing (China), founded in 2012 by Ye Wang and Gao Lufeng. It operates as a Manufacturer of multi-category electric vehicles. Segway-Ninebot has raised $240M in funding from investors like Intel Capital, Xiaomi and Sequoia Capital China, with a current valuation of $1B. The company has 1558 active competitors, including 126 funded and 50 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Oben Electric.
Sectors and market segments that Segway-Ninebot operate in
Segway-Ninebot serves in the Energy Tech, Auto Tech market segments.The primary business model of Segway-Ninebot are:Company Details
Ninebot is a manufacturer of multi-category electric vehicles. The company manufactures various vehicles like electric scooters, electric kick-scooters, electric-bicycles, all-terrain vehicles and more. Also, it develops AI and IOT enabled robots for commercial purposes like delivery, etc.
- Website
- ninebot.com
- Social
- Email ID
- *****@ninebot.com
- Phone Number
- +86 **********
Key Metrics
Founded Year
2012
Location
Beijing, China
Stage
Series C
Total Funding
$240M in 3 rounds
Latest Funding Round
Post Money Valuation
$1B as on Oct 24, 2017
Investors
Ranked
8th among 1558 active competitors
Employee Count
118 as on Aug 31, 2026
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Segway-Ninebot's funding and investors
Segway-Ninebot has raised a total funding of $240M over 3 rounds. Its first funding round was on Apr 15, 2015. Its latest funding round was a Series C round on Oct 24, 2017 for $100M. 2 investors participated in its latest round. Segway-Ninebot has 8 institutional investors.
Here is the list of recent funding rounds of Segway-Ninebot:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 24, 2017 | $100M | Series C | $1B | - | ||
Sep 16, 2015 | $60M | Series C | - | - | - | |
Apr 15, 2015 | $80M | Series C | - | - |
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Segway-Ninebot's founders and board of directors
Founder? Claim ProfileThe founders of Segway-Ninebot are Ye Wang and Gao Lufeng.
Here are the details of Segway-Ninebot's key team members:
- Ye Wang: Co-Founder of Segway-Ninebot.
- Gao Lufeng: Founder & CEO of Segway-Ninebot.
View details of Segway-Ninebot's Founder profiles and Board Members
Segway-Ninebot's employee count trend
Segway-Ninebot has 118 employees as of Aug 26. Here is Segway-Ninebot's employee count trend over the years:
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Segway-Ninebot's Competitors and alternates
Top competitors of Segway-Ninebot include Ather Energy, Gogoro and Oben Electric. Here is the list of Top 10 competitors of Segway-Ninebot, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ather Energy 2013, Bengaluru (India), Public | Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services | $502M | 85/100 | |
2nd | Platform offering electric scooters and operator of battery swapping networks | $765M | 77/100 | ||
3rd |  Oben Electric 2020, Bengaluru (India), Series A | Platform offering two wheeler motorcycle products | $37.6M | 75/100 | |
4th | Manufacturer of electric scooters, mopeds, motorcycles, and related accessories | $50M | 74/100 | ||
5th |  Ultraviolette 2016, Bengaluru (India), Series E | Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure | $101M | 74/100 | |
6th | Manufacturer of electric scooters designed for urban and developing environments | $42.7M | 71/100 | ||
7th | Zero Motorcycles 2006, Scotts Valley (United States), Series G | Manufacturer of electric motorcycles, related accessories, and associated merchandise | $584M | 69/100 | |
8th |  Segway-Ninebot 2012, Beijing (China), Series C | Manufacturer of multi-category electric vehicles | $240M | 69/100 | |
9th | Developer of electric motorcycles and related digital platform for riders | $40.3M | 69/100 | ||
10th |  Simpl Energy 2019, Bengaluru (India), Series B | Manufacturer of electric scooters designed for urban and long-distance travel | $98.9M | 67/100 |
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Segway-Ninebot's Investments and acquisitions
Segway-Ninebot has made 2 investments in companies including Xbotgo and EncoSmart. Segway-Ninebot has also acquired 2 companies including Segway and Segway.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 15, 2026 | Investments | 2023 | Mountain View (United States) | |
Apr 14, 2026 | Investments | 2022 | Haidian (China) | |
Apr 15, 2015 | Acquisition | 1999 | Arcadia (United States) |
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Here is the latest report on Segway-Ninebot's sector:
News related to Segway-Ninebot
Filter this listMedia has covered Segway-Ninebot for a total of 5 events in the last 1 year, 3 of them have been about company updates.
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Ninebot Achieves Over 11 Million Cumulative Shipments for Smart Electric Two-Wheelers in ChinaChina Daily•Apr 30, 2026•Segway-Ninebot
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Ninebot led a 150 million RMB Series A funding round for Xiangke IntelligentEastmoney•Apr 15, 2026•EncoSmart, Segway-Ninebot
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Infineon Signs MoU with China’s Lingji to Drive GaN Technology in Light Electric VehiclesSemiconductor Today•Sep 09, 2025•Infineon, Segway-Ninebot
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Ninebot's revenue in 2024 is expected to be 14.196 billion yuan, a year-on-year increase of 38.87%.
Donews•Apr 11, 2025•Segway-Ninebot
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Ninebot rose 4% and plans to invest about 1.41 billion yuan to build a smart electric vehicle base project in South ChinaCICC online•Dec 27, 2024•Segway-Ninebot
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Company 9: In the third quarter, net profit increased by 139.07% year -on -yearShareandstocks•Oct 28, 2024•Segway-Ninebot
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Ninebot: Net financing purchase of RMB 12.7321 million, financing balance of RMB 196 millionEastmoney•Sep 14, 2024•Segway-Ninebot
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Ninebot: Financing balance of 202 million yuan, a record low in the past year (09-06)Eastmoney•Sep 08, 2024•Segway-Ninebot
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