CycleBoard, Inc. (Equity)
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
Funding Amount
$396,310,210,000
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
Founders
Phillip LaBonty, Ron Millar, Luke Allee
Market
Personal Electric Vehicles
Location
Costa Mesa, CA, US
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.

Links
Website
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