Area 13 EBikes (Equity)
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
Funding Amount
$215,902,160,000
Company Info
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
Market
Electric Bicycle Industry
Location
Grass Valley, CA, US
Coinvestors
None mentioned in the memo
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.

Links
Website
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