Funding Details
- Awarder
- StartEngine
- Date Award
- June 13, 2024
- Vertical
- Electric Bikes
- Funding URL
- View Funding Page
- Premoney Valuation
-
$25,000,000
- Valuation
-
$25,000,000
Company Info
- Founding Year
- Not provided in the memo
- Traction
- The company has shown significant revenue growth from $600,000 to over $4 million from 2019 to 2020. They also have a large Youtube channel with nearly 100,000 subscribers.
- Revenue Amount
-
$4,000,000
- Organizations Involved
- None mentioned in the memo
- Founders
- Kyle Chittock
- Company Description
- Area 13 is an electric bicycle company that provides a balance of quality, performance, and price. The electric bicycle market is red hot. We believe the innovation of Area 13 gives the company an advantageous position in this rapidly growing market.
- Market
- Electric Bicycle Industry
- Location
-
Grass Valley,
CA,
US
- Coinvestors
- None mentioned in the memo
Links