GeoOrbital. offering is now closed and is no longer accepting investments.

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.

INVEST IN GEOORBITAL. TODAY!

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.
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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
GeoOrbital.

REASONS TO INVEST

ABOUT

HEADQUARTERS
One Broadway, 14th Floor
Cambridge, MA 01907
VALUATION
$10M

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.

TEAM

Dakota Decker

Dakota Decker

CTO

Dakota, our CTO, comes with years of experience as a development engineer with SpaceX, where he worked from 2009-2015. SpaceX is one of the most innovative and future-focused engineering companies in the world. SpaceX taught him to develop a wide array of skills and unique problem-solving abilities which are crucial to making a startup succeed, along with passing on a vast knowledge of materials and techniques to bring any hardware product to reality. Dakota is very proud to have earned his master’s degree at the age of 19 and declined an invitation to pursue a PhD so that he could build rockets with SpaceX.

Jocelyn Vigreux

Jocelyn Vigreux

CSO

Jocelyn, our Chief Strategy Officer joined GeoOrbital in 2017 and comes to the company after 15 years as President of TomTom, Inc., the US operation of TomTom NV. He was president of that company from its inception in the US and grew it into an enterprise that earned hundreds of millions of dollars in just a few years. He successfully lead the company to become a leader in GPS navigation and to pivot into fitness wearables. His broad experience in retail, market growth, international business and brand building will help us make GeoOrbital an innovator in alternative transportation.

David Cohen

David Cohen

VP - Business Development

David, our VP of Business Development, came to GeoOrbital with decades of experience creating strategic partnerships in a variety of technology markets. He began his career in 1986 in the medical device industry, where he demonstrated to surgeons and hospital administrators the value add of multi-use instruments. Next, from 1996 until joining GeoOrbital in 2016, he made the transition to the energy industry, representing several high-efficiency solar, heating, and cooling manufacturers. David has successfully managed sales teams, distributor and dealer networks, and created numerous sales training programs.

Michael Potts

Michael Potts

Digital Marketing

Michael, our head of Digital Marketing, has been launching, marketing and selling technical products around the globe for over 25 years. In the late 1990's he was part of the project management team for the Ford’s Electric Vehicle program. In 2008, Michael was the manager of an Electric Bike store - Small Planet E Bikes. From 2012 to 2015, he was the Business Development Director for Sustainable Minds, a provider of software and services for environmental product transparency applications. From 2015 to 2017, Michael ran a marketing agency Network Engagement to develop online business for companies like Idyllic Software and started his engagement with GeoOrbital.

Jeff Jaran

Jeff Jaran

Director of the Public Safety Division

Jeff came to GeoOrbital after serving as a senior level law enforcement executive, including 14 years as Police Chief and Emergency Manager in the State of New Hampshire & Commonwealth of Massachusetts. He is also a graduate of the FBI National Academy, Quantico, Virginia. Jeff has thousands of hours of specialized training over the course of his 29 years of working in capacities such as patrolman, narcotics detective, supervisor, past vice president of Cape Cod Chiefs, control chief of a regional SWAT team and motorcycle unit. Additionally, Jeff has supervised large-scale events such as the Pan Mass Challenge, Wounded Warrior Project Soldier Ride, Laconia Motorcycle Week, United States Presidential visits as well as executive protection for politicians and celebrities. Jeff is a current retired member of the International Chiefs of Police, FBINA, MA & NH Police Chief Association.

Anthony Perugini

Anthony Perugini

Mechanical Engineer

Anthony, a Mechanical Engineer, came to us as a class of 2016 graduate from University of Virginia. Previous to GeoOrbital, Anthony interned with Amazon Robotics, working directly with the Hardware team on accelerated life testing and quality assurance. Anthony has become the jack-of-all-trades when it comes to working for GeoOrbital, with responsibilities ranging from reliability testing, to technical support, to developing new applications for the wheel. His background in business and CAD software allows him to better design our future products for manufacturing and economic feasibility.

Ben MartinMooney

Ben MartinMooney

Customer Experience Manager

Ben is a Customer Experience Manager with GeoOrbital. He has exceptional communication skills, and dedication to the customer experience. With nearly 15 years of sales and account management experience, he found his calling as an advocate for the customer. Dynamic and engaging, Ben is frequently the first point of contact between us and our customers.

Michael Burtov

Michael Burtov

Founder & CEO

Mike, our Founder & CEO, has 15 years experience in starting-up and seeing companies through their lifecycle. Before GeoOrbital Mike was the Founder and CEO of 3 companies and was most recently the founder and CEO of Cangrade, a hiring platform from 2011 to 2014. He is also proud of having served over 2 years as a Peace Corps volunteer. Mike and his work have been featured in hundreds of publications worldwide - ranging from Forbes to Time Magazine. He was also named “One of the top Inventors of 2016" and one of the "most dynamic and creative people shaping business today" by the Upstart Business Journal.

TERMS

GeoOrbital.
Overview
PRICE PER SHARE
DEADLINE
Apr 18, 2018
VALUATION
$10M
AMOUNT RAISED
$1,065,739.00
Breakdown
MIN INVESTMENT
$400.00
MAX INVESTMENT
$107,000.00
MIN NUMBER OF SHARES OFFERED
OFFERING TYPE
Debt
ASSET TYPE
SHARES OFFERED
MAX NUMBER OF SHARES OFFERED

Maximum Number of Shares Offered subject to adjustment for bonus shares

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

20% Discount


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

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)


Company
GeoOrbital, Inc.
 

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.

PRESS

Article Image
Rev up your ride with this electric-powered front wheel

“A more affordable alternative to an electric bike”

Article Image
This Tron-Inspired Wheel Makes Your Bike Electric in 60 Seconds

“You'll be the coolest rider on the block"

Article Image
This motorized wheel adds electric power to your bike

“And as far as the setup goes, it really is as simple as [GeoOrbital] describes it.”

Article Image
Make your bike electric with this swap-in tire

Electric bikes have been around for decades but haven't broken out of their niche audience. Instead of building a bicycle around electric power, GeoOrbital is a universal wheel you can swap into your existing bike to power your ride.

Article Image
GeoOrbital Gives Any Bicycle An Electric Motor In 60 Seconds

"One of the coolest Kickstarter projects we’ve ever seen."










ALL UPDATES

11.27.19

GeoOrbital is on the cover of TIME Magazine!

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  


04.30.19

Just hours left to invest and Harvard Business School update

Hello Everyone, 

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!

Invest in the future of transportation!


04.29.19

LAST DAY TO INVEST!

Hello Everyone!

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!

Thank You,

Team GeoOrbital 

INVEST TODAY

04.24.19

$300,000+ RAISED --- JUST DAYS LEFT TO INVEST

Hello Everyone!

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!

Thank You,

Team GeoOrbital 

 

"The GeoOrbital wheel is by far the easiest way to add electric power to any bike" - Fox News

INVEST TODAY

03.29.19

GeoOrbital is working with Harvard Business School

Hello Everyone!

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.  

-Team GeoOrbital


02.05.19

AFTER A YEAR OF TESTING - TOP REVIEW!

Hello Everyone!


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).

INVEST IN GEOORBITAL TODAY

 

-Team GeoOrbital

 

01.15.19

Did you miss us on SHARK TANK? We're being rerun tonight!

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 😏

Happy Watching!

-Team GeoOrbital

11.28.18

GeoOrbital rides with L.E.A.D.

Hello Everyone! 

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.

Thank you,

Team GeoOrbital


11.13.18

First $100k raised in our new campaign!

Hello Everyone!

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!

 
-Michael Burtov
 

Founder & CEO, GeoOrbital



10.29.18

GeoOrbital Partners with the National Police Defense Foundation

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!


-Team GeoOrbital


Click HERE to learn about investing in GeoOrbital again or for the first time.











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