Funding Details
- Awarder
- WeFunder
- Date Award
- June 12, 2024
- Vertical
- Hardware
- Funding URL
- View Funding Page
Company Info
- Founding Year
- Not provided in the memo
- Traction
- CLIP has sold over 1000 units with zero marketing and has secured a purchase order to upgrade a legacy bike-share fleet. The company has received accolades and recognition for its innovative approach to e-bike technology.
- Organizations Involved
- McKinsey, Amazon, Jabil, Nissan, Motorola
- Founders
- Somnath Ray, Clement Alcala, Eric D'A Correll, Andrew Tergis, AK Misra
- Company Description
- CLIP is the world's 1st Plug & Play e-bike upgrade device that aims to make it convenient for individuals to switch to bicycles from cars for urban commutes. The device is designed to upgrade both old and new bikes, offering a more affordable and convenient solution compared to competitors. CLIP is disrupting the e-Bike market, which is expected to grow significantly in the coming years.
- Market
- Transportation
- Location
-
New York,
NY,
US
- Coinvestors
- Not provided in the memo
Links