D
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
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
Valuation & funding
Damon funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $223K | 0% | 19 |
| 2025 | $223K | — | 31 |
| 2024 | — | — | 44 |
| 2023 | — | — | 66 |
| 2022 | — | — | 98 |
| 2021 | — | — | 57 |
| 2020 | — | — | 23 |
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.
Comparisons
Damon compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Damon's talent
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.





Global footprint
Where Damon has talent and traffic
team presence
In the news
Latest news about Damon
Recent press, funding announcements, and product moves mentioning Damon — open to read from the original sources.
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
See Damon’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.















