Funding Details
- Awarder
- StartEngine
- Date Award
- January 11, 2022
- Vertical
- Micro-Mobility
- Funding URL
- View Funding Page
- Valuation
-
$50,000,000
Company Info
- Founding Year
- 2020
- Traction
- In the summer of 2021, Boaz Bikes surpassed the revenue per ride of Bird & Lime by 2.5x. The company achieved a 319% year-over-year revenue growth by the end of 2021. Boaz has maintained a strong safety record with zero reported accidents for 100,000 rides.
- Revenue Amount
-
$548,000,000
- Organizations Involved
- Austin Public Health, OJO Scooter, JoyPunks
- Founders
- Emil Nnani, Christiana Winfrey, Cory Smith
- Company Description
- Boaz Bikes offers safe, foldable scooters with GPS tracking for rent or purchase, providing micro-mobility solutions.
- Market
- Transportation
- Location
-
Detroit,
MI,
US
- Coinvestors
- StartEngine Capital, LLC
Links