Veer (Equity Crowdfunding)
Funding Details
Awarder
StartEngine
Date Award
January 1, 2024
Vertical
Light Electric Vehicles (LEVs)
Premoney Valuation
$1,000,000
Valuation
$15,040,000,000,000
Funding Amount
$304,618,240,000
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
Founders
Sean Hacking, Daniel Hacking, Colin Hacking
Market
Transportation
Location
Novato, CA, US
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.

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