Segway
Latest round
- Series C
Last raised
- May 2008
Total raised
- $35M
Investors
- 4
About Segway
Founded in 1999 and headquartered in Bedford, US, Segway focuses on personal transportation solutions. In April 2015, the company was acquired by Ninebot, a subsidiary of Xiaomi, which marks a strategic pivot in its operations.Segway is recognized as a leading brand in the personal transportation sector, offering a diverse range of products including electric kick scooters, e-bikes, self-balancing vehicles, go-karts, off-road vehicles, and power stations.Segway operates a transaction model that includes direct-to-consumer sales alongside partnerships with retailers and wholesalers. The company generates revenue primarily from sales of its electric kick scooters and e-bikes, priced according to market conditions.Following its acquisition in April 2015, Segway aims to expand its product line with new electric vehicles targeting eco-conscious consumers and urban commuters. The company is also looking to penetrate new markets in Asia and Europe by 2025.00 mn, will support product development and market expansion efforts.
Who invested in Segway
4 investors across 1 round
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Funding rounds
Series C
May 2, 2008
Amount
$35M
Investors
Questions about Segway
Who invested in Segway?
Segway has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Segway raised?
Segway has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Segway last raise money?
Segway's most recent round on record is a Series C, in May 2008.
What does Segway do?
Founded in 1999 and headquartered in Bedford, US, Segway focuses on personal transportation solutions.
Where is Segway headquartered?
Segway is headquartered in Bedford, US.
Which VCs invest in companies like Segway?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Segway's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series C
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