CLIP (Seed2)
Funding Details
Awarder
WeFunder
Date Award
June 12, 2024
Vertical
Hardware
Funding URL
View Funding Page
Funding Amount
$2,000,000
Company Info
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
Market
Transportation
Location
New York, NY, US
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.

Links
Website
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