Also
Also is a California-based electric micromobility company, spun out of Rivian in 2025, that designs and sells software-defined e-bikes and four-wheel cargo quads featuring proprietary DreamRide pedal-by-wire propulsion for consumers and commercial fleet operators including Amazon and DoorDash.
- Company typePrivate
- Founded2025
- HeadquartersPalo Alto, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Also does
Also, Inc. is a California-based electric micromobility company that designs, manufactures, and sells software-defined small electric vehicles targeting both individual consumers and commercial fleet operators. The company was spun out of Rivian Automotive in March 2025 with $105 million in seed funding from Rivian and Eclipse Ventures, and as of March 2026 had raised more than $300 million in total funding at a $1 billion unicorn valuation. Rivian retains a minority ownership stake and provides access to automotive-grade battery cells and engineering expertise; Rivian CEO RJ Scaringe serves as Board Chairman while former Rivian executive Chris Yu leads the company as Co-Founder and President.
The company sells the TM-B Class 3 e-bike ($3,500-$4,500), the TM-Q four-wheel electric cargo and passenger quad, the Alpha Wave smart helmet ($250), and a modular top-frame system (Solo/Utility/Bench accessories). Its core technology is the proprietary DreamRide pedal-by-wire propulsion system, which replaces the traditional mechanical drivetrain with a series-hybrid architecture using a generator motor to capture rider input and a traction motor (180 Nm torque, ~2x typical ebike) to drive the wheels, paired with Rivian-grade battery cells (538-808 Wh, up to 100-mile range) and OTA-updateable software. Connected features (Portal touchscreen display, GPS tracking, remote disabling, tamper alerts) are gated behind a $10/month Connect+ subscription.
The business model combines direct-to-consumer e-commerce (ridealso.com with $50 refundable reservations) with company-owned retail stores in major US metros, plus enterprise fleet sales to commercial operators. Revenue is generated primarily through one-time hardware sales, accessory attach, and recurring Connect+ subscriptions. Commercial fleet deployment is anchored by a multi-year Amazon agreement for thousands of TM-Q e-cargo quads across 70+ micromobility hubs in the US and Europe, and a March 2026 strategic partnership with DoorDash for autonomous last-mile delivery vehicles that includes strategic equity investment. Manufacturing is planned in Taiwan using company-owned machinery, with global supply management based in Taichung City.
Also firmographics
Firmographics- Name
- Also
- Legal name
- Also, Inc.
- Website
- https://ridealso.com
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Also is a California-based electric micromobility company, spun out of Rivian in 2025, that designs and sells software-defined e-bikes and four-wheel cargo quads featuring proprietary DreamRide pedal-by-wire propulsion for consumers and commercial fleet operators including Amazon and DoorDash.
- Ownership category
- akta.pro rank
Also industry classification
Industry- Product category
- Electric Micromobility Vehicles
- NAICS
- Motorcycle, Bicycle, and Parts Manufacturing (336991), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Motor Vehicle Transmission and Power Train Parts Manufacturing (33635)
- SIC
- Motorcycles, Bicycles & Parts (3751), Motor Vehicle Parts & Accessories (3714)
- akta.pro primary industry
- E-bikes & E-cargo Bikes Manufacturing (IMACAOAA)
- akta.pro secondary industries
- Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing (IMACAOAC), Micromobility Powertrain Manufacturing (Motors/Controllers/Drivetrains) (IMACAOAD), Micromobility Electrical/Electronic Components Manufacturing (Wiring/Displays/Telematics/IoT) (IMACAOAI)
Keywords
Where Also is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Also business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- E-Bike Sales: One-time hardware sales of TM-B e-bikes (base model at $3,500, Performance at $4,500) and TM-Q four-wheel delivery vehicles. Revenue recognized at point of delivery. Top frame accessories ($350-$500) and Alpha Wave helmet ($250) as add-on purchases.
- Connect+ Subscription: Recurring subscription service at $10/month (billed annually) providing enhanced security features including tamper alerts, remote disabling, real-time GPS tracking, and future features like enhanced navigation. Generates predictable recurring revenue from installed base.
- Fleet/Corporate Sales: B2B sales of TM-Q delivery vehicles to commercial partners like Amazon and other logistics companies. Multi-year fleet agreements with custom configurations. Potential for dedicated service and support contracts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | TM-B Base Model - Class 3 E-Bike with 5x pedal assist |
| Unit Pricing | Pay-as-you-go | TM-B Performance - Enhanced power and range |
| Subscription | Monthly | Connect+ Subscription - Enhanced security and connectivity |
| Unit Pricing | Pay-as-you-go | Modular Top Frames - Accessory frames |
| Unit Pricing | Pay-as-you-go | Alpha Wave Helmet - Smart helmet with safety features |
| Unit Pricing | Pay-as-you-go | TM-B Reservation - Fully refundable deposit |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels11 records
Also product offering
Product offeringCore offering
Also designs, manufactures, and sells software-defined electric micromobility vehicles, anchored by the TM-B Class 3 e-bike and the TM-Q four-wheel electric cargo/passenger quad. Its vehicles run on a proprietary DreamRide pedal-by-wire propulsion platform that replaces the traditional mechanical drivetrain with software-controlled dual motors, modular swappable top frames, an onboard Portal touchscreen, and OTA-updatable firmware. The company sells direct-to-consumer through its website and upcoming company-owned retail stores, and sells TM-Q fleets commercially to logistics operators.
Product overview
ALSO is an electric micromobility company offering a portfolio of small electric vehicles built on a software-defined platform. The core product is the TM-B e-bike featuring proprietary DreamRide technology that replaces traditional mechanical drivetrains with software-controlled pedal-by-wire propulsion. The TM-Q extends this technology to four-wheel cargo and passenger vehicles. Both products share the Portal touchscreen interface and connect to the ALSO App. Modular top frames (Solo, Utility, Bench) allow single bikes to serve multiple use cases. The company also offers the Alpha Wave smart helmet as an accessory. Products target both consumers and commercial fleet operators including Amazon and DoorDash partnerships.
Differentiator
Problem solved
Functional benefit
Products and services
- TM-B Class 3 E-Bike A Class 3 software-defined electric bike with proprietary DreamRide pedal-by-wire propulsion, 28 mph top speed, up to 100 mi range on the large battery, modular swappable top frames, built-in navigation/audio/security via the Portal touchscreen, and OTA updates. Targeted at premium individual commuters, families, and recreational riders replacing short car trips.
- TM-Q Electric Cargo/Passenger Quad Four-wheel electric cargo and passenger vehicle designed for bike lanes and city streets, sharing Also's DreamRide pedal-by-wire architecture. Available in commercial and consumer configurations; commercial version is sold to fleet operators including Amazon for last-mile delivery across 70+ micromobility hubs in the US and Europe.
- Alpha Wave Smart Helmet
Quantifiable outcome
- 0-20 mph acceleration in under 3 seconds with 0.3G acceleration equivalent to car off the line
- +4 more outcomes
Companies that use Also
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Also technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability5 records
Feature7 records
Also partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship, minor and core.
- DoorDashflagshipStrategic partnership and investment for autonomous last-mile delivery. DoorDash invested in ALSO's Series C round and entered a multi-year commercial agreement to develop and deploy small autonomous EVs for dense urban delivery. DoorDash co-founder Stanley Tang joined ALSO as Board Observer. Partnership focused on 'in-between' spaces like bike lanes and curbsides that conventional delivery vehicles cannot efficiently navigate.
- AmazonflagshipMulti-year partnership for deployment of TM-Q pedal-assist e-cargo quad vehicles across Amazon's 70+ micromobility hubs in the U.S. and Europe. Amazon purchasing thousands of vehicles for last-mile delivery fleet expansion, building on existing Rivian electric van partnership.
- Chase SlateminorFinancing partnership through Chase Slate to provide installment payment options for TM-B purchases, making the $3,500-$4,500 e-bike more accessible to consumers.
- RiviancoreParent company that spun out ALSO as independent company in March 2025. Rivian retains a substantial minority ownership stake. CEO RJ Scaringe serves as Chairman of ALSO's Board. ALSO uses Rivian-grade battery cells and benefits from shared technology platform and automotive engineering expertise.
Scale indicators11 records
Recent moves8 records
Expansion highlights6 records
Also competitors and assessment
Company assessmentDirect peers
- Specialized Bicycle Components: Premium bicycle and e-bike maker; the most direct premium consumer e-bike competitor. Notably, Also's Co-Founder/President Chris Yu is a former Specialized executive, indicating direct category overlap in premium performance e-bikes targeting enthusiast and commuter consumers.
- Trek Bicycle Corporation: One of the largest premium bicycle manufacturers globally with a substantial e-bike lineup (Domane+, Allant+, Rail). Competes head-on with TM-B in the premium commuter/recreational e-bike segment and has established dealer/service infrastructure Also lacks.
- Rad Power Bikes: Leading direct-to-consumer e-bike brand in North America with broad product range including cargo e-bikes. Competes directly with TM-B on DTC distribution and with TM-Q-style cargo use cases, though at lower price points ($1,200-$2,500).
- Aventon: DTC e-bike brand offering commuter, fat-tire, and folding e-bikes at mid-premium price points. Closely comparable go-to-market (DTC + retail showrooms), category mix, and consumer target as Also's TM-B.
- Xtracycle: Cargo-bike specialist offering family and utility e-cargo bikes (e.g., Stoker, Hopper) in the US. Directly comparable to TM-B's Utility top-frame configuration and to TM-Q's cargo use case for families and small businesses.
Emerging players
- VanMoof: Pioneered the premium connected e-bike category (S5/A5) with integrated electronics, app, and over-the-air updates — directly comparable to Also's software-defined vehicle thesis, although the brand restructured in 2023 and operates at smaller scale.
- Cowboy: Belgium-based premium connected e-bike maker with app-integrated riding, GPS tracking, and theft detection — overlapping Also's Connect+/Portal value proposition in the premium commuter segment at similar ~€2,500-€3,500 ASP.
- Cake (CAKE): Swedish premium electric light-mobility maker producing electric motorcycles, mopeds, and the Makka utility/cargo platform. Comparable to Also in its premium positioning, automotive-grade engineering ethos, and extension into commercial cargo use cases overlapping with TM-Q.
Broad incumbents
- Giant Bicycles: World's largest bicycle manufacturer with a broad e-bike portfolio across commuter, mountain, and road categories. A broader incumbent competitor across Also's TM-B consumer target market, with established global dealer networks and OEM scale advantages.
- Bosch eBike Systems: Dominant e-bike drivetrain supplier powering most premium e-bikes (Specialized, Trek, Giant) with motors, batteries, and connected software. A potential competitor and/or partner for ALSO's proprietary DreamRide platform — represents the established tech incumbent Also's software-defined approach must displace or coexist with.
Market position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Also social profiles
Digital presenceAlso financial estimates
Financial estimateRevenue estimate
Valuation estimate
Also leadership team
Management profileNumber of profiles
Profiles3 records
Also funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Also M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Also
What does Also do?
Also designs, manufactures, and sells software-defined electric micromobility vehicles, anchored by the TM-B Class 3 e-bike and the TM-Q four-wheel electric cargo/passenger quad. Its vehicles run on a proprietary DreamRide pedal-by-wire propulsion platform that replaces the traditional mechanical drivetrain with software-controlled dual motors, modular swappable top frames, an onboard Portal touchscreen, and OTA-updatable firmware. The company sells direct-to-consumer through its website and upcoming company-owned retail stores, and sells TM-Q fleets commercially to logistics operators.
Is Also a public or private company?
Also is a private company. It is classified as venture growth investor backed and is currently operating.
When was Also founded?
Also was founded in 2025. It employs 251 to 500 people.
Where is Also based?
Also is headquartered in Palo Alto, United States, in the North America region.
How does Also make money?
Three revenue lines are on record. E-Bike Sales are the primary driver. The others are connect+ Subscription and fleet/Corporate Sales.
Who are Also's main competitors?
Direct peers on record are Specialized Bicycle Components, Trek Bicycle Corporation, Rad Power Bikes, Aventon and Xtracycle. Emerging players are VanMoof, Cowboy and Cake (CAKE). Broad incumbents are Giant Bicycles and Bosch eBike Systems.
Does Also have an API?
No public API is recorded for Also.
What industry is Also in?
Also's product category is Electric Micromobility Vehicles. Its primary akta.pro industry code is IMACAOAA, E-bikes & E-cargo Bikes Manufacturing, with a secondary code of IMACAOAC, Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing. Its NAICS code is 336991 and its SIC code is 3751.