What is PEDEGO?
Founded in 2008 and headquartered in California, PEDEGO specializes in electric bicycles equipped with 250- to 500-watt motors. These e-bikes are engineered to provide riders with enhanced capabilities, enabling them to effortlessly navigate inclines and overcome headwinds, with a single battery charge supporting distances of up to 60 miles. The company operates within the rapidly growing electric vehicle and sustainable transportation market, positioning itself as a key player in personal mobility solutions.
How much funding has PEDEGO raised?
PEDEGO has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in PEDEGO
PPP
Public-Private Partnership
What's next for PEDEGO?
With its substantial backing and a clear market position, PEDEGO is poised for a new phase of growth. The large-scale, late-stage funding context suggests a strategic focus on scaling operations, potentially expanding its product line, enhancing its distribution network, and further solidifying its brand in both domestic and international markets. This investment will likely fuel innovation and reinforce its competitive edge in the electric bike industry.
See full PEDEGO company page
