Electric scooters launched at Airbnb properties

Security Type
Min Investment
Denver, CO
Offering Date
May 25, 2021
Expected Close Date
August 23, 2021
Target Raise
Security Price

Company Description

Chaos ensued when Bird and Lime launched electric scooters and bikes by the thousands – tourists being their biggest customer base taking trips Friday through Sunday. Now what they don’t tell you is that these scooters aren’t profitable. 90% of the revenue generated from a ride goes to paying. 

Key Deal Facts

$1.5m+ in potential revenue from purchase requests and pre-orders
Waitlist of over 120 properties and 500 scooters - too much demand to keep up with
Live in Phoenix, Scottsdale, Denver, and Miami
Transportation Partner of 420bnb
Micro-Hospitality growth is SURGING, The best-performing travel segment in pandemic
Eco-friendly lightweight electric vehicles that can be 3x more profitable than a large fleet
Madison (CEO) was named to the Colorado 2020 Inno 25 under 25 entrepreneurs list

Use of Proceeds

  • Warehouse rent
  • Government regulations
  • Gig-economy employees
  • Charging infrastructure.

Management Team / Advisory Board Bios

Madi Rifkin, CEO and Co-founder
Involved in micro-mobility for the last 3 years learning from the executives at Lime, Bird, Jump, and Spin. First patent at age 15. Put together a board of advisors with top talent from Uber, Lyft, Jump, Lime and Zagster.

Matt Langham, COO and Co-founder
Ex-Head Mechanic at Jump, Denver. Ran daily operations seeing first hand the failures of a large fleet.

Rishab Nayak, CTO and Co-founder
Cloud Solutions Engineer 3+ years industry experience.
Amount Raised : $0
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Security Description

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