Levy Electric

Levy Electric

Direct-to-consumer scooters with swappable batteries

Overview

Levy Electric sells lightweight foldable electric scooters direct-to-consumer in North America and provides a rental fleet platform for independent operators. A swappable, fireproof battery in the scooter stem allows easy charging without moving the scooter and supports extra range with a spare. Scooters use aluminum frames, up to 350W motors, dual braking, LCD display, speeds up to 18 mph, with pneumatic or solid tires. The company differentiates itself with strong US-based support, readily available replacement parts, and an integrated fleet-management and IoT platform for partners, aiming to grow a sustainable micromobility ecosystem serving both consumers and B2B customers.

About Levy Electric

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

Industries

Automotive & Transportation

Hardware

Enterprise 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 Fleets showed 1,182 rides in 30 days on its dashboard in July 2026.
  • Levy’s June 2026 partner pages emphasize rental, hospitality, and campus monetization.
  • Swappable batteries and certified repair networks reduce downtime and support premium fleet uptime.

What critics are saying

  • Turboant, NIU, and Hiboy undercut Levy’s scooter economics with cheaper removable-battery models in 2026.
  • New York City Int. 91-2026 forces speedometers and beginner mode on share scooters.
  • New York Attorney General James warned on July 31, 2026 against illegal overpowered e-scooter sales.

What makes Levy Electric unique

  • Levy’s swappable stem battery simplifies charging and reduces indoor carry friction for riders.
  • Levy Fleets bundles scooters, software, smart locks, and support into one operator stack.
  • Levy claims 199 active partners across hotels, dealers, and service depots by June 2026.

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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
Levy Electric
$1.5M
Slack
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Growth & Insights

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-4%

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