What is LoweRiders?
LoweRiders operates as a retail establishment based in Downingtown, PA, offering a comprehensive range of products and services for biking, skateboarding, scootering, skiing, and snowboarding. The company's inventory includes diverse bicycle options, such as road, mountain, and electric bikes, alongside essential winter sports gear and accessories. LoweRiders is committed to enhancing accessibility to action sports through services like expert bike and e-bike repairs, professional ski and snowboard tuning, and equipment rentals, catering to a broad spectrum of 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?
With the recent substantial expansion capital infusion, LoweRiders is poised for strategic advancement. This financing is expected to fuel initiatives aimed at broadening product lines, enhancing service capabilities, and potentially expanding its physical or digital footprint. The company's focus on making action sports accessible suggests that future investments may target operational efficiencies, marketing outreach to new demographics, and the integration of innovative technologies within its product and service offerings.
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