top of page

Use code SCNEWCUST15 for 15% off ALL scooters through month-end.  Redeem here

Securing Funding for Your Electric Scooter Startup: Navigating the Investment Landscape

Venturing into the ever-evolving world of electric mobility, particularly the electric scooter marketVenturing into the ever-evolving world of electric mobility, particularly the electric scooter market, presents a multitude of opportunities for entrepreneurs looking to contribute to a greener future while tapping into a burgeoning industry. Securing the necessary funding to jumpstart your electric scooter startup is crucial to transforming your innovative ideas into reality. In this comprehensive guide, we will explore effective strategies for obtaining financial backing that could propel your business forward.

Firstly, creating a detailed and compelling business plan is your foundational step. This document should outline your business model, market analysis, projected financials, and how your electric scooter startup distinguishes itself from competitors. Your business plan is not just a roadmap for your enterprise but also serves as a persuasive tool to showcase your startup’s potential to investors.

Next, consider the various funding options available for emerging startups. Bootstrapping, or self-funding, may be the first port of call for many entrepreneurs, using personal savings or income from initial sales to reinvest in the business. While this avenue promotes full control over the company, it may not provide the ample financial runway needed for rapid scale-up.

Turning to friends and family is another frequently explored avenue. This approach can offer more flexible terms than traditional financing methods; however, it's important to maintain a professional attitude and clear communication to avoid personal conflicts.

Angel investors are high-net-worth individuals willing to invest in startups with high growth potential. Reaching out to local angel groups or using online platforms can connect your startup with interested parties. A well-crafted pitch and a prototype can greatly improve your chances of obtaining angel investment.

Venture capital firms specialize in investing significant sums into promising startups with scalable business models. They offer not only capital but often strategic guidance and networking opportunities. However, they typically seek equity in your company and a well-defined exit strategy.

Crowdfunding platforms have become increasingly popular, aligning well with consumer-oriented products like electric scooters. Launching a crowdfunding campaign on platforms like Kickstarter or Indiegogo can validate your product concept and raise funds without sacrificing equity.

Small business grants and competitions offer a non-dilutive funding source, with many governments and institutions offering financial support to promote innovation and sustainable initiatives. Research and apply for electric mobility-focused grants or enter startup competitions that could provide both funding and exposure.

Finally, partnerships with established companies in the electric mobility or related sectors can provide capital, distribution networks, and valuable expertise. This could involve co-development agreements or strategic investments from companies seeking to innovate through collaboration.

Remember, securing funding for your electric scooter startup is a process that requires persistence, a grand vision, and the ability to convincingly convey the value of your business. Tailoring your approach to each potential funding source increases your likelihood of success, paving the road to transforming the electric scooter market with your pioneering start-up.

Levy Electric Scooter Icons

Start a Fleet

Start a rental fleet with Levy

Levy Electric Scooter Icons


Wholesale Levy scooters at your online store or shop

Levy Electric Scooter Icons

Retail Partners

Wholesale Levy scooters at your 
online store or shop

Levy Electric Scooter Icons

Tag us

Follow and tag us on social!

Brand Ambassador

Earn money for referring friends and growing the network

Service Guides

DIY repair tools, videos, and more


Interested in working at Levy?


Invest in the Levy Network

Levy Locations

Find our rental, repair, and store locations

The Levy App

Download the Levy app to find scooters closest to you


Technical specs for all of our scooters


The Levy swappable battery system

Spare Parts

Every spare part you need for your scooter


Choose the Levy scooter that suits you best


Learn more about electric scooter tires


Bags, phone holders, helmets and more

Levy Electric Scooter Icon

The everyday electric scooter, perfect for the daily commute.

Levy Electric Scooter Fleets Icon

Start a rental fleet with Levy scooters and software

Levy Plus Electric Scooter Icon

Our high-end, long range cruiser with double the range of the Levy.

Support Center

FAQs, how-to videos, and quick start guides

Shipping App

Discounted shipping labels for moving your scooter (or any package).

Range Calculator

Estimate real-world range for any scooter

Electric Scooter Laws

Electric scooter laws by state & city


Subscribe to a scooter for $70/month

Shop Locator

Find a location to test ride or bring your Levy in to get repaired


Get in touch with our team

Quick-start guide

Get started with your Levy

Returns & Warranty

Every spare part you need for your scooter

Shipping Policy

Shipping Policy US and International

bottom of page