Esker Cycles by Krueger Outdoor (Equity)

Funding Details
Awarder
StartEngine
Date Award
May 01, 2022
Vertical
Mountain Bikes
Funding URL
View Funding Page
Premoney Valuation
$1,000,000
Valuation
$6,490,000

Company Info
Founding Year
2015
Traction
We launched Esker in 2018, pre-selling 100 units and bringing in $300K in revenue that first year. We’ve now sold 450 units in 2021 (and are on track to sell 550 total pieces by the end of the year) for a total of $1.7M in revenue.
Revenue Amount
$1,700,000
Organizations Involved
Krueger Outdoor, Inc.
Founders
Tim Krueger, Anders Broste, James Kauth
Company Description
At Esker, we make mountain bikes you’ll enjoy throughout the entire ride, no matter where the trail takes you. Using Orion Dynamics, a patented, state-of-the-art suspension system, we design each and every bike to provide peak durability, performance, and versatility - all assembled in the Flathead Valley in Montana. As more and more people opt for the outdoors, Esker bikes are ready to ride wherever you choose to roll.
Market
Outdoor Recreation
Location
Columbia Falls, MT, US
Coinvestors
StartEngine Capital, LLC

Links
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