Recent events
Recent events tied to this brand in public sources.
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2021
Rad Power Bikes raises $150 million
Rad Power Bikes said it had raised $150 million from institutional investors, with existing investors also participating in the round.
2020
Rad Power Bikes launches the RadMission Electric Metro Bike
Rad Power Bikes launched the RadMission Electric Metro Bike, a commuter e-bike priced at $999.
2020
Rad Power Bikes launches RadRunner Plus
Rad Power Bikes launched the RadRunner Plus, an upgraded electric utility bike. Pre-orders were available in the US, Canada, and Europe starting March 26, 2020.
2020
Rad Power Bikes adds Stuart Nagae to its board
As part of the funding transaction, Vulcan Capital director Stuart Nagae will join Rad Power Bikes’ board of directors. The source describes this as a planned appointment and does not establish that it has occurred.
2020
Rad Power Bikes closes $25 million funding round
Rad Power Bikes closed a $25 million funding round led by Vulcan Capital and Durable Capital Partners LP. The funding will support new retail locations and expansion of mobile service and white-glove delivery.
2019
Rad Power Bikes launches holiday discounts in the US and Canada
Rad Power Bikes offered discounts on its bike models and a 25% discount on accessories for returning customers in the US and Canada.