Rad Power Bikes
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 Rad Power Bikes Headquarters In Seattle | |
| Private | |
| ISIN | 🆔 |
| Industry | Electric bicycles |
| Founded 📆 | 2007 |
| Founder 👔 | Mike Radenbaugh |
| Headquarters 🏙️ | , , United States |
Area served 🗺️ | |
| Products 📟 | Electric bicycles, accessories and related components |
| Members | |
Number of employees | 215 |
| 🌐 Website | radpowerbikes |
| 📇 Address | |
| 📞 telephone | |
Rad Power Bikes founded in 2007 in Seattle, Washington, United States, is a brand and manufacturer of electric bicycles.
Overview[edit]
Rad Power Bikes was founded as a sole proprietorship by Mike Radenbaugh in 2007. The company’s business model is direct to consumer and it designs its products in-house at its Seattle headquarters.[1] It has additional offices in Vancouver, British Columbia; Utrecht, Netherlands; Taipei, Taiwan; and Shanghai, China.[2] Rad Power Bikes has five retail stores and more than 20 Rad Mobile Service locations.[3]
Rad Power Bikes has raised a total of $329 million in investments since its inception in 2007. More recently, in 2021, Rad Power Bikes raised $150 million in February 2021 and another $154 million in October 2021. As the largest ebike brand in North America, Rad Power Bikes has more than 350,000 customers presently riding its electric bikes.[4][5][6]
Recognitions[edit]
In 2021, Rad Power Bikes was included in the inaugural list of the TIME100 Most Influential Companies.[7]
Recognized by Fast Company and Inc. magazines as one of the most innovative and influential companies in 2021.[8][9]
References[edit]
- ↑ "Rad Power Bikes: Mike Radenbaugh : How I Built This with Guy Raz". NPR.org. Retrieved 2020-11-08.
- ↑ "Investors Double Down on Rad Power Bikes with $154 Million Investment". Outside Business Journal. 2021-10-28. Retrieved 2022-02-17.
- ↑ "T. Rowe Price Join $154 Million Financing for Rad Power Bikes". citybiz. 2021-10-29. Retrieved 2021-11-09.
- ↑ Berman, Bradley (2020-08-06). "The Teenage Tinkerer Behind an E-Bike Revolution". The New York Times. ISSN 0362-4331. Retrieved 2020-11-05.
- ↑ "Rad Power Bikes overtakes VanMoof". The Verge. Retrieved 2022-02-19.
- ↑ "Rad Power Bikes lands giant $154M investment". Electrek. Retrieved 2022-02-19.
- ↑ "TIME100 Most Influential Companies 2021: Rad Power Bikes". Time. Retrieved 2021-04-30.
- ↑ Staff, Fast Company (2021-03-09). "The 10 most innovative transportation companies of 2021". Fast Company. Retrieved 2021-02-09.
- ↑ "Check out Rad Power Bikes on Inc.com". Inc.com. Retrieved 2021-02-19.
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