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Lit Motors
AddedFeb 15, 2024
UpdatedJun 18, 2026
Lit Motors

Lit Motors

Seed

Lit Motors: American innovator of self-balancing, two-wheeled electric urban vehicles.

HQ
San Francisco, CA, US
Founded
2010
Overview
Compare
Fundraising
Employees
News
Website

Lit Motors, founded by Daniel Kim, is an American startup focused on revolutionizing urban transportation through innovative vehicle design. The company's core mission is to create a more efficient and sustainable world by developing self-balancing, two-wheeled electric vehicles. Their flagship product, the Autonomous-balancing Electric Vehicle (AEV), combines the benefits of both motorcycles and cars, offering comfort, safety, speed, and performance without compromising on cost. Lit Motors targets urban commuters seeking an eco-friendly and practical alternative to traditional transportation.

Notable figures associated with Lit Motors include founder Daniel Kim, whose vision and engineering expertise drive the company's innovation. The startup has garnered attention from prominent investors and media outlets, highlighting its potential impact on the future of urban mobility. Key achievements include the development of gyro-stabilization technology that ensures vehicle balance and safety. Lit Motors' overall impact lies in its potential to reduce urban congestion and carbon emissions, making it a significant player in the shift towards sustainable transportation solutions.

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Lit Motors - Quick Facts

Who are Lit Motors' competitors?

Companies similar to Lit Motors include AIO Motors, Unagi Scooters, Future Motion and Damon Motorcycles.

When was Lit Motors founded?

Lit Motors was founded in 2010.

Where is Lit Motors' headquarters located?

Lit Motors' headquarters is located in San Francisco, CA, US.

When was Lit Motors' last funding round?

Lit Motors' most recent funding round was for $1M (USD) in March 2014.

How much has Lit Motors raised to-date?

As of Mar 5, 2014, Lit Motors has raised a total of $2.2M (USD).

How many employees does Lit Motors have?

Lit Motors has 23 employees as of Feb 4, 2024.

Lit Motors - Classification

Industry
  • Hardware
Technology
  • Electric
  • Robotics
Geographic Exposure
  • United States
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Electric Vehicles
Tags
  • Cleantech
NAICS
  • 336300Motor Vehicle Parts Manufacturing
  • 336320Motor Vehicle Electrical and Electronic Equipment Manufacturing
  • 330000Manufacturing
  • 336000Transportation Equipment Manufacturing
SIC
  • 5010Motor Vehicles And Motor Vehicle Parts And Supplies
  • 5012Automobiles And Other Motor Vehicles
  • 5000Wholesale Trade-durable Goods
Show 5 more industry codes
NAICS
  • 336120Heavy Duty Truck Manufacturing
  • 336100Motor Vehicle Manufacturing
SIC
  • 3700Transportation Equipment
  • 3710Motor Vehicles And Motor Vehicle Equipment
  • 3711Motor Vehicles And Passenger Car Bodies