 Rad Power Bikes Headquarters In Seattle | |
| Type | Private |
|---|---|
| Industry | Electric bicycles |
| Founded | 2007 |
| Founder | Mike Radenbaugh |
| Headquarters | , United States |
| Products | Electric bicycles, accessories and related components |
Number of employees | 215 |
| Website | radpowerbikes |
Rad Power Bikes founded in 2007 in Seattle, Washington, United States, is a brand and manufacturer of electric bicycles.
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]
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]
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Mike Radenbaugh is the founder and CEO of Rad Power Bikes, an electric bike brand in North America.
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