Funding Details
- Awarder
- StartEngine
- Date Award
- June 20, 2022
- Vertical
- Bicycles
- Funding URL
- View Funding Page
- Premoney Valuation
-
$8,000,000
- Valuation
-
$8,000,000
Company Info
- Founding Year
- 2020
- Traction
- After selling through most of their stock in the first year, BlackHeart Bike Co. experienced a significant increase in sales in 2021, with average monthly sales up 400%. As of August 31st, 2021, they had just one bike left and year-to-date sales totaled over $180K.
- Revenue Amount
-
$180,000,000
- Organizations Involved
- None
- Founders
- Zachary Thomas Lambert
- Company Description
- BlackHeart Bike Co. designs and manufactures versatile allroad bikes that look and handle like a road bike on road, but have the capability of a modern gravel bike off road – simply by switching between two wheelsets. The company aims to become the largest direct-to-consumer bike manufacturer in the world by prioritizing community and culture, and applying their design philosophy and manufacturing strategy to bikes in every category.
- Market
- Cycling
- Location
-
Santa Monica,
CA,
US
- Coinvestors
- None
Links