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
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

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