Tech Company Financing Transactions

Rad Power Bikes Funding Round

Durable Capital Partners, Vulcan Capital and private investors invested in a $25 million funding round for Rad Power Bikes. The financing round was announced by the company on 2/6/2020.

Transaction Overview

Company Name
Announced On
2/6/2020
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors

Durable Capital Partners (Lead Investor)

Vulcan Capital (Lead Investor)

Proceeds Purpose
Rad will use the new cash to open additional retail locations around the world and expand the company's delivery service.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
2622 NW Market St.
Seattle, WA 98107
USA
Email Address
Overview
Rad Power Bikes is a consumer-direct business that designs electric bikes that are packed with power, comfort, and utility, and we bring them directly to customers at radical prices. Our affordable ebikes and accessories are backed by localized product support, so you can leave your car in the garage and join the ebike revolution.
Profile
Rad Power Bikes LinkedIn Company Profile
Social Media
Rad Power Bikes Company Twitter Account
Company News
Rad Power Bikes News
Facebook
Rad Power Bikes on Facebook
YouTube
Rad Power Bikes on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Radenbaugh
  Michael Radenbaugh LinkedIn Profile  Michael Radenbaugh Twitter Account  Michael Radenbaugh News  Michael Radenbaugh on Facebook
Chief Marketing Officer
Ty Collins
  Ty Collins LinkedIn Profile  Ty Collins Twitter Account  Ty Collins News  Ty Collins on Facebook


 

 

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Prev: 2/6/2020: JenaValve Technology venture capital transaction
Next: 2/6/2020: Transparent Systems venture capital transaction

 

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We do our best to report on funding rounds that are announced publicly. VC investment data records on this site come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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