The accident happened around 12:45 a.m. Thursday at Cottman Avenue and Revere Street.
Authorities say a car, possibly a white Ford Explorer, hit a 19-year-old man riding a bike and took off.
The bicyclist was taken to the hospital and with non-life-threatening injuries.
Anyone with information is asked to contact Philadelphia Police at 215-686-TIPS (8477), text a tip to PPD TIP (773847) or through PhillyPolice.com.