What Daymak does

Daymak, founded in 2002 and headquartered in Toronto, Canada, develops and distributes light electric vehicles (LEVs) under its Avvenire brand. The company operates a diversified product portfolio spanning three categories: e-bikes (Aspero, Foras, Leggera, Spiritus, Terra, Skyrider, Tectus), mobility scooters (Loadrider, FreedomCab), and off-road electric vehicles (Tectus Scope, Tectus Trail). Its underlying technology centers on a 60V 100Ah lithium battery platform delivering up to 100km of range per charge, which is deployed across multiple product lines as the company's principal proprietary hardware feature.

The company sells exclusively through one-time hardware transactions, with no recurring revenue components disclosed. Go-to-market is dual-channel: direct-to-consumer e-commerce via the avvenire.ca storefront and an authorized dealer/distributor network across Canada, supplemented by an active 'Become A Dealer' recruitment program. Pricing is not publicly disclosed and is handled upon request or through dealers. Customer segmentation spans four personas—recreational e-bike enthusiasts (primary), mobility-impaired individuals, off-road adventure seekers, and urban commuters—addressing use cases from weekend recreation to daily independence and short-distance commuting. Marketing is concentrated on the brand website, email newsletter acquisition, and sustainability messaging.

The company is privately held with 11-50 employees and operates as a for-profit entity. Notable data gaps in the available source material include undisclosed financials, no recorded funding history, no disclosed management team, no patents or trademarks filings, no partnerships or alliances, and no M&A or leadership change signals. The Avvenire website is active with a 2026 copyright notice, indicating ongoing operations.

Name

Daymak

Legal name

Avvenire

Website

https://daymak.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Daymak, founded in 2002 and headquartered in Toronto, develops and distributes light electric vehicles—including e-bikes, mobility scooters, and off-road vehicles—under its Avvenire brand, serving Canadian consumers through direct-to-consumer e-commerce and an authorized dealer network.

Ownership category

akta.pro rank

Product category

Light Electric Vehicles

NAICS

Battery Manufacturing (33591)

SIC

Motorcycles, Bicycles & Parts (3751)

akta.pro primary industry

E-Mobility Batteries & Swappable Packs (Consumer) (CRACASAI)

akta.pro secondary industry

Battery Management System (BMS) & HV Control Electronics Manufacturing (IMACACAH)

Keywords

• Light electric vehicles
• Electric bicycles
• Mobility scooters
• Off-road electric vehicles
• Sustainable mobility

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Marketing or Sales, Personnel

Revenue model

1. Electric Vehicle Hardware Sales: Primary revenue from direct sale of electric vehicles including e-bikes, mobility scooters, and off-road vehicles under the Avvenire brand. One-time hardware purchase model with no recurring revenue components mentioned.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Daymak develops, manufactures, and distributes light electric vehicles (LEVs) under the Avvenire brand. The product portfolio includes electric bicycles (e-bikes), mobility scooters, and off-road electric vehicles, all powered by a proprietary 60V 100ah Lihitum lithium battery system delivering up to 100km range on a single charge.

Product overview

Avvenire, a brand under Daymak, offers a diversified portfolio of innovative electric vehicles organized into three main product categories: Ebikes (including Aspero, Foras, Leggera, Skyrider, Tectus, Spiritus, and Terra), Mobility Scooters (including Loadrider and FreedomCab), and Off-Road vehicles (including Tectus Scope and Tectus Trail). The product lineup features a 60V 100Ah Lithium battery system with up to 100km range, emphasizing reliable, affordable, and easy-to-use sustainable mobility solutions. The Development line includes six ebike models (Aspero, Foras, Leggera, Skyrider, Tectus, and Spiritus) alongside the flagship Terra ebike, while the mobility category serves daily independence needs and the off-road segment targets adventurous riders.

Differentiator

Problem solved

Functional benefit

Brands

• Aspero: Electric bike product line
• Foras
• Leggera
• Terra
• Spiritus
• Tectus
• Skyrider
• Loadrider
• FreedomCab
• Tectus Trail

Products and services

• Terra E-Bike Electric bike designed for urban commuting and weekend adventures, featuring sustainable mobility with long-lasting battery performance.
• Aspero E-Bike Electric bike designed for versatile riding, part of the Avvenire Development line of sustainable mobility solutions.
• Foras E-Bike Electric bike focused on sustainable and eco-friendly personal transportation within the Avvenire Development product line.
• Leggera E-Bike Lightweight electric bike designed for easy riding within the Avvenire Development product line.
• Skyrider E-Bike Electric bike designed for enhanced riding experience as part of the Avvenire Development line.
• Spiritus E-Bike Electric bike in the Avvenire Development line representing innovative sustainable mobility technology.
• Tectus Electric Vehicle Multi-purpose electric vehicle available in Trail and Scope variants for off-road and versatile riding applications.
• Loadrider Mobility Scooter Mobility scooter designed for daily independence and transportation needs, offering reliable and easy-to-use functionality.
• FreedomCab Mobility Scooter Mobility scooter providing users with independence and freedom for daily transportation.
• Tectus Trail Off-Road EV Off-road electric vehicle variant within the Tectus product line, built for trail riding capabilities.
• Tectus Scope Off-Road EV Off-road variant of the Tectus electric vehicle, designed for adventurous riding experiences.

Quantifiable outcome

• Up to 100km range on single charge

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• Rad Power Bikes: North America's largest e-bike brand, selling direct-to-consumer and through dealers across multiple product lines — directly comparable to Avvenire's DTC + dealer model and value-tier positioning.
• Aventon: California-based e-bike manufacturer with a multi-SKU lineup sold via own storefront and dealer network — competes with Avvenire in the consumer e-bike value/premium tier.
• Super73: Lifestyle-oriented electric bike brand with a multi-product lineup distributed direct-to-consumer and through dealers — comparable in product breadth and LEV positioning to Avvenire.
• Pedego Electric Bikes: US-based e-bike brand built around a dealer/franchise network and multi-model lineup — a very close analog to Avvenire's dealer-led distribution and value-tier strategy.
• EV Rider: Mobility scooter and light EV distributor — closely comparable to Avvenire's mobility scooter (Loadrider, FreedomCab) product line and dealer-distribution model.

Broad incumbents

• Trek Bicycle Corporation: Major global bicycle manufacturer with an extensive e-bike lineup (Domane+, Allant+, Rail+) and worldwide dealer network — competes with Avvenire across e-bike categories with deeper resources and brand equity.
• Specialized Bicycle Components: Premium bicycle and e-bike maker (Turbo series) with global retail presence — adjacent incumbent competing for the same consumer e-bike demand with higher-end positioning.
• Segway-Ninebot: Global micromobility manufacturer of e-scooters, e-bikes, and go-karts — overlaps with Avvenire's e-bike and personal-transporter categories at a much larger scale.
• Cannondale: Established global bicycle manufacturer with a substantial electric bike portfolio (Topstone Neo, Moterra) — competes in the same consumer e-bike space with broader category coverage.

Emerging players

• Gogoro: Taiwan-based electric scooter and battery-swapping platform — comparable as a battery-centric light EV maker, though operating primarily in Asia with a different go-to-market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/daymak
• Facebookfacebook.com/daymak.ebikes
• LinkedInlinkedin.com/company/daymak-inc-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Daymak