Funding Details
- Awarder
- StartEngine
- Date Award
- January 01, 2024
- Vertical
- Light Electric Vehicles (LEVs)
- Funding URL
- View Funding Page
- Premoney Valuation
-
$1,000,000
- Valuation
-
$15,040,000,000,000
Company Info
- Founding Year
- 2019
- Traction
- Veer has seen year-over-year growth of 200%, having shipped thousands of drive units to date. They have established partnerships with OEM partners, multiple distributors, and a network of 50+ retail dealers.
- Revenue Amount
-
$522,757,000,000
- Organizations Involved
- None
- Founders
- Sean Hacking, Daniel Hacking, Colin Hacking
- Company Description
- Veer's carbon fiber drivetrains modernize light electric vehicles (LEVs), replacing old chain drives as cities electrify transportation. Veer aims to be the go-to drive supplier for mid to high-end eBikes, eScooters, and other light electric vehicles, focusing on innovating and making components efficient, affordable, and fun to ride, ultimately leading to more sustainable transportation options.
- Market
- Transportation
- Location
-
Novato,
CA,
US
- Coinvestors
- None
Links