Transportation
Black-ownedPeople of Color
Boaz Bike
The shared scooter operator that is reimagining the future of micro-mobility
Dallas,
TX
Investment type:
Equity
(Convertible Note)
Target raise:
$125,000
- $1,070,000
Minimum investment:
$100
$100
End date:
Feb 01, 2021
Feb 01, 2021
ended
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Highlights
- ?? Increased yearly revenue by over 500% while increasing 10%-20% in month over month revenue.
- ?? Over 90% of scooter riders in our target market prefer to ride a Boaz over our competitors.
- ?? Patent Pending on our new Model 3 vehicle which we expect to unveil early 2021
Our Story
Electric scooter sharing company that is focused on Safety. We cut operation expenses by 80% compared to our competitors with our state of the art scooter design. The ability to swap out dead batteries in less than 1 minute in the field compared to taking scooters home to charge. We inspect and monitor vehicles throughout the day to provide the highest quality shared vehicle on the market. We want to make sure that our users do not get injured while riding our vehicles.
Our Ambition
We are hoping to have an early exit in late 2021. We also hope to expand into 20-30 cites by mid 2021 and with the mass production of our newly designed scooter we plan to expand to 60-100 cities by the end of 2021. If a merger/buyout doesn't happen we hope over the next 3 years to be the #1 scooter shared provider worldwide based off the success of our new scooter in operation (patent pending). These projections cannot be guaranteed.