How a High School Passion Project Became a $30 Million Company
Mike Radenbaugh built an electric bike when he was 15 years old to trek the 34-mile round trip to high school everyday. Ten years later, he runs a multimillion-dollar e-bike business in Seattle.
COMPANY: Rad Power Bikes
HEADQUARTERS: Seattle, WA
FOUNDERS: Ty Collins, 28; Mike Radenbaugh, 27; Marimar White-Espin,27
YEAR FOUNDED: 2015
2016 REVENUE $7 Million
MONEY RAISED: $180,000