TechTransportation
Black-ownedPeople of ColorWomen
Boaz Bikes
Revolutionary eco-conscious micro-mobility company moving people more safely
Dallas,
TX
Investment type:
Equity
(SAFE)
Target raise:
$125,000
- $1,070,000
Minimum investment:
$250
$250
End date:
Aug 12, 2021
Aug 12, 2021
ended
Share
Highlights
- Mobility As A Service (MAAS) is the fastest growing market
- Lead investor is a VC who invested in early Lime
- Black-Founded and Female-Founded Business focused on increasing equity for our communities
- Currently have 3 City permits with plans to operate in 10+ cities by the end of 2021
Our Story
Electric scooter sharing company focused on safety. We cut operational expenses by 80% compared to competitors. We've significantly cut down time and cost with our ability to swap out dead batteries in less than one minute, compared to transporting scooters to secondary charging location. We inspect and monitor vehicles throughout the day, providing the highest quality shared vehicle on the market with our state of the art scooter design. Above all else, safety is our focus and differentiator.
Our Ambition
We are hoping to have an early exit in late 2021. We plan on expanding into 20+ cities 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 shared scooter provider worldwide. Our new scooter design is like nothing else currently on the market. These projections cannot be guaranteed.