FundedIQ
Consumer Goods

Rad Power Bikes: Funding, Investors & Team (Sep 2026)

Rad Power Bikes is North America's largest electric bike brand and we’re building a world where transportation is energy-efficient, enjoyable, and accessible to all. With a groundbreaking direct-to-consumer model and a radically growing team of over 500, we are democratizing ebikes and bringing the RadGrin to hundreds of thousands of riders around the world. Revolutionizing electric mobility at an unprecedented pace, Rad Power Bikes is scaling faster than ever to change the way people and goods move.

www.radpowerbikes.com LinkedIn Seattle, United States 501-1000 employees
CleanTech Consumer Goods Electric Vehicle Transportation
Total raised
$304M
Rounds
2
Latest
Series D
Oct 2021

Rad Power Bikes has raised $304M across 2 funding rounds on record, the most recent a Series D of $154M announced in Oct 2021.

That round is above the $3.4M median round size for Consumer Goods companies tracked on FundedIQ over the last two years.

Rad Power Bikes Company Profile and Key Stats

Total funding raised
$304M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series D
$154M in Oct 2021
Employees
501-1000
reported band
Headquarters
Seattle, United States

Latest funding round on record: Oct 2021.

Rad Power Bikes Funding Rounds

Date
Round
Amount
Series D
$154M
Undisclosed round
$150M

Rad Power Bikes raised $150M in an undisclosed round announced in Feb 2021.

8 months later, a Series D of $154M was announced in Oct 2021.

Rad Power Bikes Founders and Leadership Team

Name
Role
Contact
Mike Radenbaugh
CEO
Locked

Contact details for the Rad Power Bikes team: 1 of 1 has an email address on file.

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Rad Power Bikes Funding Compared to Other Consumer Goods Startups

Segment
Companies
Median round
29,878
$7.5M
767
$98M

Rad Power Bikes' latest round of $154M is above the median round in Consumer Goods. Medians cover the last 24 months of disclosed rounds.

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Rad Power Bikes Funding FAQs

What does Rad Power Bikes do?

Rad Power Bikes is North America's largest electric bike brand and we’re building a world where transportation is energy-efficient, enjoyable, and accessible to all. With a groundbreaking direct-to-consumer model and a radically growing team of over 500, we are democratizing ebikes and bringing the RadGrin to hundreds of thousands of riders around the world. Revolutionizing electric mobility at an unprecedented pace, Rad Power Bikes is scaling faster than ever to change the way people and goods move.

How much funding has Rad Power Bikes raised?

Rad Power Bikes has raised $304M across 2 rounds on record. The most recent is a Series D of $154M announced in Oct 2021.

When did Rad Power Bikes last raise funding?

Rad Power Bikes' most recent funding round on record is a Series D of $154M, announced in Oct 2021.

Who is the CEO of Rad Power Bikes?

Mike Radenbaugh is listed as CEO at Rad Power Bikes.

Where is Rad Power Bikes headquartered?

Rad Power Bikes is based in Seattle, Washington, United States.

How many employees does Rad Power Bikes have?

Rad Power Bikes is in the 501-1000 employee band.

How does Rad Power Bikes' funding compare to other Consumer Goods startups?

Rad Power Bikes' latest round of $154M is above the $3.4M median round size for Consumer Goods companies on FundedIQ across 465 tracked companies over the last two years.

About FundedIQ's Rad Power Bikes Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Rad Power Bikes is left off this page rather than filled in.

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