Rad Power Bikes provides ebike offerings like the RadRover 6 Plus, a robust customer support team, and retail stores that can bring the power of electric bikes directly to community. Their flagship RadRover is a fat-tire electric bike that comes with a 750-watt motor, throttle, and pedal assist. The company was founded by Mike Radenbaugh and Tyler Collins in 2007 and is headquartered in Seattle, WA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/28/2021 | Series D-1 | $5.94MM | $xx.xx | $162.06B | Counterpoint Global, Durable Capital Partners, Fidelity Management, The Rise Fund, T. Rowe Price, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
619,440
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Counterpoint Global, Durable Capital Partners, Fidelity Management, The Rise Fund, T. Rowe Price, Vulcan Capital
|
||||||
10/28/2021 | Series D | $154MM | $xx.xx | $162.06B | Counterpoint Global, Durable Capital Partners, Fidelity Management, The Rise Fund, T. Rowe Price, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
16,068,783
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Counterpoint Global, Durable Capital Partners, Fidelity Management, The Rise Fund, T. Rowe Price, Vulcan Capital
|
||||||
02/04/2021 | Series C | $80MM | $xx.xx | $74.82B | Counterpoint Global Fund, Durable Capital Partners, Fidelity Management, The Rise Fund, T. Rowe Price, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
16,584,300
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Counterpoint Global Fund, Durable Capital Partners, Fidelity Management, The Rise Fund, T. Rowe Price, Vulcan Capital
|
||||||
02/05/2020 | Series B-2 | $999,653.22 | $xx.xx | $22.9B | Durable Capital Partners, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
906,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Durable Capital Partners, Vulcan Capital
|
||||||
02/05/2020 | Series B-1 | $5MM | $xx.xx | $22.9B | Durable Capital Partners, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,437,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Durable Capital Partners, Vulcan Capital
|
||||||
02/05/2020 | Series B-3 | $8.55MM | $xx.xx | $22.9B | Durable Capital Partners, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
6,784,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Durable Capital Partners, Vulcan Capital
|
||||||
02/05/2020 | Series B-4 | $25MM | $xx.xx | $22.9B | Durable Capital Partners, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
16,468,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Durable Capital Partners, Vulcan Capital
|
||||||
03/27/2019 | Series A | $179,997.60 | $xx.xx | $180MM | Darrell Cavens, Mark Vadon | |
Price per Share
$xx.xx
Shares Outstanding
8,108,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Darrell Cavens, Mark Vadon
|