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Levy Electric

Direct-to-consumer scooters with swappable batteries

Overview

Levy Electric sells lightweight, foldable electric scooters directly to consumers in North America and also offers a fleet rental platform for partners like apartments and hotels. Its scooters use a swappable, fireproof battery housed in the stem for easy charging and extended range with a spare battery, plus aluminum frames, up to 350W motors, dual braking, an LCD display, and options for pneumatic or solid tires with speeds up to 18 mph. The company differentiates itself with the swappable battery design, stem battery protection, strong US-based customer support, and readily available replacement parts, alongside a complete B2B fleet solution that includes hardware and IoT-enabled management software. Levy’s goal is to grow a sustainable micromobility ecosystem by serving both individual riders and business partners with reliable products and a scalable rental platform.

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About Levy Electric

Simplify's Rating
Why Levy Electric is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Automotive & TransportationHardwareEnterprise Software

Company Size

11-50

Company Stage

Seed

Total Funding

$150K

Headquarters

New York City, New York

Founded

2018

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Simplify's take

What believers are saying

  • Levy’s November 2026 site push shows active demand generation across fleets and partnerships.
  • Rental-fleet software and smart-lock bundles fit hotels, apartments, and campuses seeking turnkey launches.
  • Certified repair partners and priority parts strengthen retention and recurring service revenue.

What critics are saying

  • California WARN filings in 2025 and 2026 signal site closures and shrinking operations.
  • Micromobility rivals like Bird, Lime, and Segway flood dealers with cheaper alternatives.
  • If fleet partnerships stall, Levy loses the B2B engine supporting parts, software, and support revenue.

What makes Levy Electric unique

  • Levy’s swappable stem batteries reduce charging friction and differentiate against floorboard-pack scooters.
  • Levy bundles scooters, software, smart locks, and support for fleet operators.
  • Levy claims 199 active partners across retail, hospitality, and service channels.

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Funding

Total Funding

$150k

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$150k
$1.5M
$2M
$2.3M
$3M

Growth & Insights

6 month growth

0%

1 year growth

0%

2 year growth

-4%

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