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Damon

Transportation · Vancouver, Canada · Founded 2017 · IPO 2024

Making high performance electric motorcycles that are safer and smarter to unleash the full potential for the world’s commuters MoreLess

Damon Motorcycles, a Vancouver-based company founded in 2017 by Jay Giraud and Dom Kwong, operates in the electric vehicle market with a focus on high-performance electric motorcycles. The venture was born from Giraud's personal experience with a motorcycle accident, which fueled a mission to enhance rider safety through technology. Kwong, an engineer with a background in consumer electronics, complements this vision with his technical expertise. The company's business model is primarily direct-to-consumer, which allows for higher margin retention and a direct feedback loop from customers. It also explores subscription plans and has outlined four potential revenue streams: Personal Mobility, Data Intelligence, Licensing and Engineering Services, and Special Projects.

Damon's product lineup is centered around its proprietary HyperDrive™ platform, the world's first monocoque-constructed, all-electric powertrain that serves as the structural core for all its motorcycle models. This modular platform supports a range of models, including the flagship HyperSport and the HyperFighter streetfighter. The HyperSport series boasts impressive performance metrics, with top-tier models offering 200 horsepower, a 200-mph top speed, and a range of over 200 miles. A key differentiator for Damon is its suite of advanced technologies aimed at improving rider safety and experience. The CoPilot™ advanced warning system utilizes radar, cameras, and an onboard neural net to monitor up to 64 objects around the motorcycle, providing 360-degree awareness. Alerts are delivered through haptic feedback in the handlebars and LED indicators on the windscreen. Another significant feature is the Shift™ technology, which allows riders to electronically adjust the motorcycle's ergonomics—including handlebars, seat, and footpegs—between sport and commuter positions while in motion.

The company targets a new generation of motorcyclists who prioritize both performance and safety. By integrating AI, sensor fusion, and robotics, Damon aims to create a safer and more connected riding experience. Data collected from the motorcycles is used to continuously improve the system's predictive algorithms through over-the-air updates, making the entire fleet of bikes smarter over time. Despite securing significant pre-order numbers and funding, the company has faced production delays and financial challenges. In early 2025, Damon announced a strategic collaboration with Italian engineering firm Engines Engineering to accelerate the development and validation of its HyperSport technology, signaling a shift towards a more capital-efficient, asset-light business model.

Keywords: electric motorcycles, rider safety technology, CoPilot warning system, HyperDrive powertrain, Shift ergonomics, direct-to-consumer, advanced driver-assistance systems, performance superbikes, connected vehicles, urban mobility

Valuation $120M
Revenue $223K
Total funding $50–100M

Company overview

Damon company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2017
Headquarters
Vancouver, Canada
Employees
19
Open positions
None listed
Dealroom signal
62.3
client focusb2btechnologyArtificial Intelligenceclient focusb2ctechnologyDeep TechtechnologyMachine LearningtechnologyDeep LearningtechnologyAutonomous & Sensor TechtechnologyIoT InternetOfThingssub industryMobilitysub industryAutonomous & Sensor Techsub industryVehicle ProductionsectorAutomotivebusiness modelManufacturingsectorCloud Computing

Valuation & funding

Damon funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBTDebt Jan 2026 $300K Undisclosed
POST IPO EQUITYOther financing Mar 2025 $17M Undisclosed
IPOOther financing Nov 2024 $0 Undisclosed
LATE VCOther financing Jan 2023 $0 Indika Group
SERIES BOther financing Dec 2021 $30M $120M House of Lithium
CONVERTIBLEOther financing Mar 2021 Sol Global investments · Zirmania · Benevolent Capital
SEEDOther financing Mar 2020 Undisclosed
EARLY VCOther financing Oct 2019 Ark Canada Investment Group
SEEDOther financing Jun 2019 Techstars · Pallasite Ventures · Extreme Venture Partners · Round13 Capital
CONVERTIBLEOther financing Dec 2018 Round13 Capital
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $223K 0% 19
2025 $223K 31
2024 44
2023 66
2022 98
2021 57
2020 23
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Growth signals

Damon website traffic

Latest recorded traffic for Damon is 17K monthly website visits, down 39.3% over the last three months. Damon's team declined 38.7% over the past year.

Latest monthly visits17K 3-month web change-39.3% 1-year team growth-38.7%
Monthly website visits63 observations · Feb 2020–Jul 2026
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Comparisons

Damon compared with similar companies

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Showing 8 of the closest matchesCompare every metric →

Talent graph

Damon's talent

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Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

15 investors on Damon's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 3 investors entered at this stage
Techstars
Pallasite Ventures
Extreme Venture Partners
Series A 6 investors entered at this stage
Round13 Capital
Ark Canada Investment Group
Sol Global investments
Zirmania
Benevolent Capital
House of Lithium
Series B+ 1 investor entered at this stage
Indika Group
Other known 5 additional known investors
Creative Destruction Lab
Joint Journey
Nurture Ventures
Right Side Capital Management
Riyadh Techstars Accelerator

Global footprint

Where Damon has talent and traffic

Workforce by country
3 countries with
team presence
🇨🇦 Canada66.7%
🇺🇸 United States26.7%
🇮🇳 India6.7%
3 countries shown

In the news

Latest news about Damon

Recent press, funding announcements, and product moves mentioning Damon — open to read from the original sources.

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Market sentiment

What the market is saying about Damon

An AI-synthesized read of the highest-engagement posts about Damon on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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