Episode 51 - EVELO
Can you image the world with no cars? EVELO is on a mission to change and update transportation by putting electric bikes directly into the hands of its customers. In today's episode, I got to talk with Jonah Bliss about how EVELO decided to go down the equity crowdfunding rabbit hole for raising capital. We also discussed the ideas of how electric bikes can help with climate change as well as different transportation options for people. “
EVELO designs develop and distribute electric bikes for all purposes. Consumers are increasingly choosing electric transport options, leading to global e-bike sales estimates of $15B+ in 2016, with significant growth in the North American sector. EVELO is at the forefront of innovative technology, well-built bikes, and a direct-to-consumer distribution model allowing lower prices and higher margins – resulting in $1M revenue in Q2 2016 and $6M+ of products sold and shipped since inception. In regards to my life, my Grandma has decided to change my sleeping habits with the Christmas gift of a new mattress.