The GeoOrbital wheel replaces a standard bicycle front wheel to turn your bike into a powerful electric bike in under 60 seconds. Everything you need to go electric is in the wheel.
The GeoOrbital wheel allows everyday urban commuters to travel through their day without a car, without a sweat, and without having to buy an entirely new bike. The 500W motor ensures you can accelerate at the speed of traffic and the hi-density foam means you'll never get a flat.
VP - Business Development
Director of the Public Safety Division
Customer Experience Manager
Founder & CEO
Maximum Number of Shares Offered subject to adjustment for bonus shares
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Convertible Note | Minimum $400 Investment
Note converts when the company raises $7M, including any previously raised convertible notes and debts.
Maturity Date: July 31, 2020
$10M valuation cap
5% yearly interest rate
What is a Convertible Note?
A convertible note offers you the right to receive shares in GeoOrbital. The number of shares you will receive in the future will be determined at the next equity round in which GeoOrbital raises at least $7M in equity financing, including the conversion of the outstanding convertible notes and any issued debt. The highest conversion price per share is set based on a $10M company valuation cap or if less then you will receive a 20% discount on the price the new investors are purchasing. You also receive a 5% interest per year added to your investment. When the maturity date is reached and the note has not converted then you are entitled to receive your investment and interest back from the company.
Perks are available through July 31, 2018. The discount applies to any purchases on geoo.com.
Invest $1,000 and receive $100 in additional notes and a 5% discount on purchases.
Invest $2,500 and receive $250 in additional notes and a 7% discount on purchases.
Invest $5,000 and receive $500 in additional notes and a 10% discount on purchases.
Invest $10,000 and receive $1,250 in additional notes and a 15% discount on purchases.
Invest $50,000 and receive $7,000 in additional notes and a 20% discount on purchases.
Maximum $1,070,000 of convertible promissory notes ($1,070,000)
Minimum $50,000 of convertible promissory notes ($50,000)
|Corporate Address||1 Broadway, 14th Floor. Cambridge, MA 02142|
|Description of Business||The Company was formed to develop and sell an “all-in-one” electric bike wheel that can be attached to almost any bicycle to make it electric. The company also develops alternative electric vehicles based on its proprietary platform.|
|Type of Security Offered||Convertible Promissory Notes|
|Purchase Price of Security Offered||$1|
|Minimum Investment Amount (per investor) ||$400|
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
Hello GeoOrbital and Happy Thanksgiving!
We are proud to announce that the GeoOrbital wheel was NAMED TO TIME’S LIST OF THE 100 BEST INVENTIONS OF 2019!
This week, TIME revealed its annual list of the 100 Best Inventions that are making the world better, smarter and even a bit more fun. To assemble the 2019 TIME Best Inventions list, TIME solicited nominations across a variety of categories from editors and correspondents around the world, as well as through an online application process. Each contender was then evaluated on key factors, including originality, effectiveness, ambition and influence. The result: 100 groundbreaking inventions that are changing the way we live, work, play and think about what’s possible.
See the full list of all awesome, world defining inventions, here.
This is a massive honor for the GeoOrbital team, and it would not have been possible without your investment and support!
- Michael Burtov
Founder & CEO
Harvard Business School just released the second in a series of four videos profiling GeoOrbital's groundbreaking innovation and business model. These videos, along with coursework, are used by the most prestigious business school in the world to teach the next generation of entrepreneurs about bringing disruptive ideas to market.
Watch the latest video here.
We are closing our funding campaign in just a few hours and this is your last chance to join over 1,300 investors that are already committed to GeoOrbital.
We hope that you become a co-owner today!
We wanted to let you know that today is the LAST DAY to become a co-owner of GeoOrbital and join a community of over 1,300 investors.
Here are some facts about GeoOrbital:
Top Product 2018 / Top Invention 2016
The GeoOrbital wheel has changed biking forever. We are the winner of the 2018 EDISON AWARD for Innovation and Product Excellence, selected as one of the top inventions of 2016 and LOVED on ABC's SHARK TANK.
Hundreds of 5 Star Reviews!
With thousands of people who ride on GeoOrbital wheels we have tons of glowing reviews and are praised by media outlets including CNN, FORBES, POPULAR MECHANICS, TIME, DISCOVERY CHANNEL, HARVARD BUSINESS SCHOOL and many, many others. In fact - "The GeoOrbital wheel is by far the easiest way to add electric power to any bike" - Fox News
First Co-Ownership Opportunity Open to the Public
GeoOrbital is a start up, but we are already one of the world's top crowdfunded companies, with millions in revenues and strong market position. We are building a strong, sustainable business and we hope that you can join us as an investor early on.
If you are considering investing in GeoOrbital now is the time to do it!
We wanted to let you know that we are coming to the close of our current equity crowdfunding campaign and this might be your last chance to become a co-owner of GeoOrbital and join a community of over 1,300 investors that have invested over $2,000,000 in GeoOrbital to date
If you were considering investing in GeoOrbital now is the time to do it!
"The GeoOrbital wheel is by far the easiest way to add electric power to any bike" - Fox News
One of the most amazing aspects of being globally recognized as one of the top innovators is that we are often asked to lead the next generation of entrepreneurs in defining the future. As part of our collaboration with the Harvard University Business School, Harvard produced a set of videos that are used to accompany coursework and case studies.
Although these videos are generally kept private and accessible only to Harvard Business School students, we asked for permission to share them with our community.
Check out the first of a series of videos that will be released as part of the course that explores GeoOrbital's disruptive innovation.
Check out the first video HERE
As always we hope that you consider investing in GeoOrbital today.
We have some wonderful news.
As you know one of our product lines is tailored towards Public Safety officers, with police departments all across the country using our wheels for community policing and patrol initiatives.
As you can imagine the police are very hard on their equipment and do not adopt products easily.
The International Police Mountain Bike Association (IPMBA), the premier training organization for public safety cyclists which has trained tens of thousands of public safety professionals in safe and effective police, EMS, and security bicycle operations, recently released a glowing review of the GeoOrbital wheel after over a year of real-world patrol use.
Converting "Police Department patrol bikes from regular wheels to GeoOrbital electric wheels was seamless and a positive experience. The GeoOrbital wheels have renewed our officers' enthusiasm for bike patrolling, improved community relations, and enhanced officer visibility and safety. The GeoOrbital Wheel offered a way for our department to "go electric" while minimizing current and future costs and contributing to a safer environment."
-IPMBA (read full review)
We are honored to be working with police departments to improve community relations and safety.
We hope that you try a wheel for yourself, to see what the magic is all about!
Check out our website for some great promotions (including on our new 29er wheel with a new all-terrain tire, more power and more range).
Hello GeoOrbital Investor!
Are you curious to see if the predictions that the SHARK TANK Investors made came true?
Hint: Mark Cuban was certain that the GeoOrbital wheel would never be used by Law Enforcement.
Do you want to see all the SHARKS lose control and giggle like little kids while riding our wheel?
Well, our episode is being rerun this evening at 8pm ET (5PM PT) on CNBC. If you missed us the first time, we hope that you can tune in today.
If you've ever been curious about the value for a company of simply being aired on SHARK TANK (without even closing a deal) here is a nice quote from an INC article that might be of interest:
"...the producers told us that an appearance on Shark Tank is worth approximately $9 million in marketing spend. In other words, if a third-party company wanted to pay ABC for a 10-minute commercial for its business during primetime television, it would have to pay $9 million." ... and that's without hiring celebrities like the SHARKS to appear in the commercial 😏
GeoOrbital is proud to launch our partnership with Law Enforcement Against Drugs (L.E.A.D.) with an initial deployment of our wheels across 10 new police departments. L.E.A.D. is a nation-wide non profit (501c3) organization, supported by dedicated police officers, committed to protecting our youth and communities from the proliferation of drugs, drug related crimes, peer to peer/cyber bullying and violence. L.E.A.D collaborates with hundreds of educators, community leaders, families and L.E.A.D. support organizations.
Our partnership with L.E.A.D. further supports GeoOrbital’s mission of promoting community policing and officer safety through the use of our electric bike wheel technology.
We would also like to extend our deepest gratitude to Preffered Freezer Inc. & CEO John J. Galiher for purchasing and donating GeoOrbital wheels and Police Bicycles through the L.E.A.D./GeoOrbital partnership.
This first batch of GeoOrbital PS29 wheels will be distributed to
10 Police Departments across the state of New Jersey!
We are looking forward to many more police departments joining our movement through the L.E.A.D./GeoOrbital partnership.
“L.E.A.D. supports GeoOrbital's vision of promoting community policing with officer safety in mind, by working together with GeoOrbital we can create safer, healthier, communities free of drugs, bullying, and violence.”
- Nicholas R. DeMauro Executive Director & Chief Executive Officer, L.E.A.D.
After surpassing our minimum funding goal on the first day, we recently raised our first $100,000 in our new funding round.
Please continue to invest and spread the word as we might oversubscribe this funding round like we have before.
Thank you everyone for your support!
Founder & CEO, GeoOrbital
In these turbulent times the hundreds of thousands of law enforcement officers across the country have our backs, and we are doing everything that we can to have theirs.
We are proud to announce our partnership with The National Police Defense Foundation (NPDF), a congressionally recognized organization whose mission is to provide free medical and legal support services to the law enforcement community. An organization of over 200,000 members and supporters the NPDF is credited with establishing successful law enforcement initiatives that have been recognized worldwide by the U.S. House of Representatives, U.S. Senate, Governors, State Legislatures, United Nations, Civil Rights organizations, Foreign Governments, and others.
We have partnered with the NPDF to promote the SafeCop™ Program that issues a $10,000 reward for information leading to the arrest and conviction of criminals who shoot at police officers or threaten their lives on the internet. Through GeoOrbital’s partnership with the NPDF, a portion of every electric bike wheel sale will be dedicated to the SafeCop™ program to help keep our officers safe.
We are proud to work together with the NPDF to promote and deploy the GeoOrbital wheel within law enforcement agencies around the country, and potentially around the world.
“GeoOrbital has created an electric wheel with officer safety in mind. Bike Patrol Officers can now arrive at a call for service fresh and not winded while providing faster response times. The N.P.D.F. endorses this safe, new innovative technology.”
- SSA Joseph Occhipinti (Retired) | Founder and Executive Director, National Police Defense Foundation
Thank you everyone!
Click HERE to learn about investing in GeoOrbital again or for the first time.
Cancel anytime before 48 hours before a rolling close or the offering end date.
How much can I invest?
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
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What will the return on my investment be?
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Can I cancel my investment?
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
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Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
What is the difference between Regulation Crowdfunding and Regulation A+?
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.