What is LoweRiders?
LoweRiders is a retail establishment based in Downingtown, PA, dedicated to the sale of products and services for biking, skateboarding, scootering, skiing, and snowboarding. The company offers an extensive inventory, including various types of bicycles such as road, mountain, and electric models, alongside essential winter sports gear and accessories. LoweRiders serves a broad customer base, providing comprehensive services that include expert bike and e-bike repair, professional ski and snowboard tuning, and equipment rentals. Their mission is to enhance the accessibility and enjoyment of action sports for all enthusiasts.
How much funding has LoweRiders raised?
LoweRiders has raised a total of $35K across 1 funding round:
Debt
$35K
Debt (2021): $35K with participation from PPP
Key Investors in LoweRiders
PPP
Public-Private Partnership
What's next for LoweRiders?
The recent influx of substantial expansion capital positions LoweRiders for significant growth and strategic development. As the company is at a Series B/C stage, this investment is likely earmarked for scaling operations, potentially expanding its retail footprint, enhancing its e-commerce capabilities, and broadening its product and service offerings. Future initiatives may focus on strengthening its market presence in the action sports sector and further solidifying its brand as a go-to destination for enthusiasts seeking quality gear and expert services.
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