Funding Details
- Awarder
- StartEngine
- Date Award
- June 13, 2024
- Vertical
- Micro-Mobility Electric Vehicles
- Funding URL
- View Funding Page
- Premoney Valuation
-
$12,000,000
- Valuation
-
$12,000,000
Company Info
- Founding Year
- 2016
- Traction
- Since 2016, CycleBoard has achieved approximately $4,900,000 in lifetime sales with 110% year-over-year sales growth from 2019 to 2020. They have customers in over 45 states and are pursuing distribution relationships with partners in multiple countries.
- Revenue Amount
-
$4,900,000
- Organizations Involved
- None
- Founders
- Phillip LaBonty, Ron Millar, Luke Allee
- Company Description
- CycleBoard designs, develops, and manufactures light personal electric vehicles based on patented steering technology and a 3-wheel platform. Their electric vehicles are designed to reduce fall risk and offer riders greater control and maneuverability.
- Market
- Personal Electric Vehicles
- Location
-
Costa Mesa,
CA,
US
- Coinvestors
- None
Links