Velotric
Velotric is a North American direct-to-consumer e-bike brand selling electric bicycles across commuter, fitness, off-road, utility, and folding categories through its website and 1,600+ US dealer network, with proprietary comfort and UL-certified safety technologies.
- Company typePrivate
- Founded2020
- HeadquartersShenzhen, China
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What Velotric does
Velotric is a North American direct-to-consumer e-bike brand founded in 2020 that designs, manufactures, and sells electric bicycles across multiple use cases including commuting, fitness, off-road, utility/cargo, and folding. The company has scaled to over 150,000 customers with a product portfolio spanning nine model lines (Discover 2/3, Discover M, Summit 1/2, Tempo, GoMad, Breeze 1, Fold 1/1 Plus, Nomad 2/2X, Triker, T1 ST Plus) priced between $999 and $2,499. Velotric differentiates on comfort and safety features including its proprietary ComfortMax comfort system, SensorSwap one-click torque/cadence switching, full UL 2271 (battery) and UL 2849 (electrical system) certification claimed as a first in the industry, IPX6/7 waterproof electrical systems, and structural testing to 440 lbs (2x industry standard). It also integrates Apple Find My, Google Find Hub tracking, and NFC card unlocking on selected models.
The company operates a hybrid go-to-market combining a Shopify-powered direct e-commerce platform (velotricbike.com) with a physical dealer network of over 1,600 retail stores across 49 U.S. states, supported by Affirm 0% APR financing (3/6/12 months). Revenue is generated primarily through one-time hardware sales with incremental accessory revenue (baskets, batteries, racks, bags, mirrors). Firmographic data lists Shenzhen as a base while US-facing customer service, dealer operations, and a US phone number (+1 888-559-3099) confirm North America as the primary commercial market; this profile is consistent with a Chinese-origin OEM operating a US-facing DTC brand.
Velotric has reported 100% year-over-year revenue growth as of October 2025 and has executed multiple product launches in 2026 (Breeze 1, Tempo, GoMad, Summit 2, Discover 3, Discover M), supported by approximately $7.2M of disclosed venture funding led by Redpoint Ventures China (Feb 2023) and follow-on capital from Shunwei Capital (Sept 2025). Marketing is multi-channel (content, social, affiliate, dealer, sales-event promotions) and the company has accumulated editorial recognition from CNET (Best Electric Bike 2026), WIRED (8/10), Forbes, Ars Technica, and Electric Bike Report, alongside 150,000+ cumulative customers and a 4.6 Google rating.
Velotric firmographics
Firmographics- Name
- Velotric
- Legal name
- Velotric
- Website
- https://velotricbike.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Velotric is a North American direct-to-consumer e-bike brand selling electric bicycles across commuter, fitness, off-road, utility, and folding categories through its website and 1,600+ US dealer network, with proprietary comfort and UL-certified safety technologies.
- Ownership category
- akta.pro rank
Velotric industry classification
Industry- Product category
- Electric Bicycles
- NAICS
- Motorcycle, Bicycle, and Parts Manufacturing (336991), Motorcycle, Boat, and Other Motor Vehicle Dealers (44122)
- SIC
- Motorcycles, Bicycles & Parts (3751), Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010)
- akta.pro primary industry
- E-bikes & E-cargo Bikes Manufacturing (IMACAOAA)
- akta.pro secondary industries
- E-Bikes & Electric Bicycles (CRACASAA), E-Bike Retail (CRAMAHAE), Bike Accessories Retail (Lights, Locks, Racks, Bags) (CRAMAHAD), Cycling & Micromobility Products Distribution (CRAOAJAF)
Keywords
Where Velotric is headquartered
LocationHeadquarters
- HQ city
- Shenzhen
- HQ country
- China
- HQ region
- Asia
Offices1 record
Markets served
Velotric business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- E-bike Hardware Sales: One-time hardware sales of electric bikes across multiple price points ($999-$2,499). Revenue is generated from direct consumer purchases through e-commerce and dealer retail partners. Accessories and add-ons (batteries, racks, bags, etc.) provide additional per-sale revenue.
- Accessories and Add-ons: Sales of compatible accessories including front baskets ($89.99), phone mounts ($43.99), extra battery packs ($349.99-$549.99), rack top bags ($95.99), mirrors ($39.99), suspension seatposts ($119.99), and other bike components.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Entry-level folding e-bike |
| One time/ perpetual license | Pay-as-you-go | Lightweight city e-bike |
| One time/ perpetual license | Pay-as-you-go | Commuter e-bike |
| One time/ perpetual license | Pay-as-you-go | Fat tire e-bike |
| One time/ perpetual license | Pay-as-you-go | Full suspension fat tire e-bike |
| One time/ perpetual license | Pay-as-you-go | Utility cargo e-bike |
| One time/ perpetual license | Pay-as-you-go | Mid-drive commuter e-bike |
| One time/ perpetual license | Pay-as-you-go | Electric tricycle |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels12 records
Velotric product offering
Product offeringCore offering
Velotric designs, manufactures, and sells a portfolio of electric bicycles across commuter, city, hybrid, mid-drive, utility/cargo, cruiser, folding, fat-tire, and e-trike categories, priced from $999 to $2,499. Each model integrates proprietary comfort and safety technologies (ComfortMax, SensorSwap, full UL certification, IPX6/7 waterproofing) and is sold directly via velotricbike.com and through 1,600+ U.S. dealer retail stores. Accessories, financing through Affirm, and bundle offers provide additional revenue per transaction.
Product overview
Velotric is a North American e-bike brand offering a diverse portfolio of electric bicycles across multiple categories including commuter, city, hybrid, utility/cargo, cruiser, folding, fat tire, mid-drive, and electric tricycles. The product lineup includes the Discover series (Discover 3, Discover M, Discover 2) focused on comfort commuting, the Summit series (Summit 2, Summit 1) for mixed-terrain riding, the lightweight Tempo city bike, the GoMad utility e-bike with high payload capacity, Breeze 1 cruiser, Fold series (Fold 1 Plus, Fold 1) folding bikes, Nomad series (Nomad 2X, Nomad 2) fat tire models, Triker electric tricycle, and the T1 ST Plus lightweight urban e-bike. Key differentiating technologies include ComfortMax comfort systems, SensorSwap torque/cadence switching, UL-certified battery and electrical safety, and IPX6/7 waterproof ratings. The company has expanded to over 1,600 retail stores across the U.S. with 100% year-over-year revenue growth.
Differentiator
Problem solved
Functional benefit
Products and services
- Velotric Discover 3 Comfort commuter e-bike with 750W motor, 80-mile range, adjustable suspension fork, hydraulic disc brakes, rear turn signals, software-switchable e-bike classes, and NFC card unlock for individual consumers seeking daily transportation.
- Velotric Discover M Mid-drive commuter e-bike powered by the proprietary VeloCore system with a 500W motor and 100Nm torque for precise power delivery and a natural pedaling experience for commuters.
- Velotric Discover 2 Comfort commuter e-bike marketed as 'Most Comfortable Commuter for Seniors,' emphasizing low step-through design, stable handling, and practical affordability for older adult riders.
- Velotric Tempo Ultralight city e-bike weighing 39 lb with a 350W motor, 60-mile range, SensorSwap torque/cadence switching, and Pulse Mode heart-rate-based pedal assist for fitness-oriented city riders.
- Velotric Summit 2 Multi-terrain hybrid e-bike with a 750W inner-rotor motor peaking at 1,300W, 100Nm torque, and an 801.6Wh battery delivering up to 95 miles of range in ECO mode for mixed-terrain riders.
- Velotric Summit 1 Hybrid e-bike designed for mixed-terrain riding, trail-ready with road capability for riders who want one bike across on- and off-road use.
- Velotric GoMad Fat tire utility e-bike with a 750W rear hub motor (1,300W peak), 801.6Wh battery providing up to 75 miles of range, 500-pound payload capacity, Apple Find My and Google Find Hub tracking, and NFC card unlocking for cargo and utility riders.
- Velotric Breeze 1 Lightweight yet powerful cruiser e-bike with a 70-mile range, recognized as 'Best Overall City Cruiser Ebike' by Electric Bike Report and reviewed favorably by Forbes.
- Velotric Fold 1 Plus Folding e-bike with a 750W motor, 55-mile range, compact folding design, and hydraulic brakes for smooth urban rides; awarded 'Best Overall Folding Ebike of 2025' by The Inertia.
- Velotric Fold 1 Compact folding e-bike with a 55-mile range at an accessible price point starting at $999 for riders needing portable, space-saving transportation.
- Velotric Nomad 2X Full-suspension fat tire e-bike with 1,400W peak power, 4-inch tires, 105Nm torque, 560 lb max load, and 1,000 lb towing capacity built to conquer sand, snow, and mountain trails.
- Velotric Nomad 2 Fat tire e-bike designed for off-road use and larger riders, with 65-mile range and sturdy construction for all-weather riding.
- Velotric Triker Electric tricycle with 20 mph top speed, three-wheel stability, and upright riding position designed for senior and stability-conscious riders.
- Velotric T1 ST Plus Lightweight urban e-bike weighing 39 lb with a 350W rear hub motor, 70-mile range (extendable to 100 miles with range extender), 28 MPH top speed, and Apple Find My integration; named 'Best Electric Bike for 2026' by CNET.
- Velotric E-Bike Accessories Compatible e-bike accessories including front baskets ($89.99), phone mounts ($43.99), extra battery packs ($349.99-$549.99), rack top bags ($95.99), mirrors ($39.99), suspension seatposts ($119.99), helmets, racks, lights, trailers, and storage solutions for Velotric e-bike owners.
Quantifiable outcome
- Bikes tested to carry up to 440 lbs — over 2× the industry standard
- +4 more outcomes
Companies that use Velotric
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles4 records
Velotric technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature8 records
Velotric partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- 1,200+ Dealer PartnerscoreVelotric has expanded its dealer network to over 1,200 retail partners across 49 U.S. states as of October 2025, experiencing 100% year-over-year revenue growth. The network has grown to over 1,600+ stores as of mid-2026. Dealers provide test ride opportunities, local support, and in-person purchasing options for customers.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Velotric competitors and assessment
Company assessmentDirect peers
- Aventon: US-based e-bike brand selling commuter, cruiser, fat-tire, and folding e-bikes through a DTC + dealer hybrid model at comparable mid-market price points. Most direct competitor to Velotric in product lineup, channel strategy, and target customer.
- Rad Power Bikes: Largest US e-bike specialist brand with broad category coverage (commuter, cargo, folding, fat-tire) sold DTC and through dealer/showroom locations. Comparable in target customer, price band, and multi-channel GTM to Velotric.
- Lectric eBikes: US-based, value-priced e-bike brand with strong DTC presence and folding/fat-tire focus. Competes with Velotric on accessible price points (sub-$1,500) and aggressive direct-to-consumer marketing.
- Ride1Up: California-based DTC e-bike brand offering commuter, road, and off-road models at mid-market price points. Direct competitor on price positioning and DTC-led GTM.
- Himiway: US-based e-bike brand focused on fat-tire, commuter, and cargo e-bikes at mid-market prices via DTC. Direct competitor on fat-tire (Nomad vs Himiway Cruiser) and step-through categories.
- Pedego Electric Bikes: US e-bike brand with a strong franchise/dealer network and cruiser/comfort focus. Comparable to Velotric in dealer-led GTM and senior/commuter target customer.
- Juiced Bikes: US-based performance-oriented e-bike brand with fat-tire, commuter, and folding models at comparable mid-market prices. Direct peer on performance commuter positioning and DTC channel.
Broad incumbents
- Specialized Bicycle Components: Premium bicycle incumbent with broad dealer network and a well-developed e-bike sub-line (turbo series). Comparable in product category but operates at higher price points with deeper cycling brand equity.
- Trek Bicycle Corporation: Global bicycle incumbent with an extensive dealer network and growing e-bike portfolio (Domane+ and Rail+). Competes at premium tiers but overlaps on commuter and hybrid use cases served by Velotric's Discover and Summit lines.
- Cannondale: Established bicycle brand owned by Pon Holdings with broad e-bike offerings across road, mountain, and commuter. Competes with Velotric in commuter/hybrid segments but at premium price points.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Velotric social profiles
Digital presenceVelotric compliance and trust
Trust signalCompliance2 records
Velotric financial estimates
Financial estimateRevenue estimate
Valuation estimate
Velotric leadership team
Management profileNumber of profiles
Velotric funding detail
Funding detailFunding overview
Funding rounds6 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Velotric 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 Velotric
What does Velotric do?
Velotric designs, manufactures, and sells a portfolio of electric bicycles across commuter, city, hybrid, mid-drive, utility/cargo, cruiser, folding, fat-tire, and e-trike categories, priced from $999 to $2,499. Each model integrates proprietary comfort and safety technologies (ComfortMax, SensorSwap, full UL certification, IPX6/7 waterproofing) and is sold directly via velotricbike.com and through 1,600+ U.S. dealer retail stores. Accessories, financing through Affirm, and bundle offers provide additional revenue per transaction.
Is Velotric a public or private company?
Velotric is a private company. It is classified as venture growth investor backed and is currently operating.
When was Velotric founded?
Velotric was founded in 2020. It employs 51 to 100 people.
Where is Velotric based?
Velotric is headquartered in Shenzhen, China, in the Asia region.
How does Velotric make money?
Two revenue lines are on record. E-bike Hardware Sales are the primary driver. The others are accessories and Add-ons.
Who are Velotric's main competitors?
Direct peers on record are Aventon, Rad Power Bikes, Lectric eBikes, Ride1Up, Himiway, Pedego Electric Bikes and Juiced Bikes. Broad incumbents are Specialized Bicycle Components, Trek Bicycle Corporation and Cannondale.
Does Velotric have an API?
No public API is recorded for Velotric.
What industry is Velotric in?
Velotric's product category is Electric Bicycles. Its primary akta.pro industry code is IMACAOAA, E-bikes & E-cargo Bikes Manufacturing, with a secondary code of CRACASAA, E-Bikes & Electric Bicycles. Its NAICS code is 336991 and its SIC code is 3751.