EVELO Electric Bicycles
Smart Electric Bicycles Delivered to Your Door
– Started the company 3 years ago with $100,000 of personal savings
– Bootstrapped to a $2.1M projected revenue in 2015
– Profitable and growing (87% growth year over year – 2014 vs. 2013)
EVELO builds and distributes smart, power-on-demand electric bikes that help the 99% of people who currently don’t bike overcome the barriers of hills, fitness levels or the inconvenience of arriving to the destination sweaty.
We developed an innovative direct-to-customer distribution model that allows a customer to customize their bike online in minutes and deliver it nearly fully assembled directly to their door. This bypasses… · More