GET A PIECE OF VVOLT
Building alternative EVs for everyone
Vvolt, Inc. ("Vvolt," or the "Company") is a direct-to-consumer e-micro mobility company. We solve the challenges of urban transportation with award-winning clean tech products.
$228,584.98 Raised
REASONS TO INVEST
Our innovative, customer-centric approach offers accessible and reliable electric transportation solutions, reducing car dependency and making real-life mobility better for everyone.
The micromobility sector is growing with a 17% CAGR*, poised to hit $200 billion by 2030*. Vvolt has already made strides in this space, scaling since our late 2021 launch.
With our direct-to-consumer model, efficient supply chain, and strategic retail partnerships, we believe we're well-prepared for growth.
the pitch
Pioneering Personal EVs
We have a vision to create a better urban transportation experience for all. At our core, our mission is to disrupt the e-mobility space with innovation, and reduce car dependency by offering accessible electric transportation options. Through our customer-centric approach, from product design to support, we've already built a brand that people trust and love. It's more than just electric bikes and scooters; it's about making real-life mobility better for everyone.
THE problem & our solution
Electric Vehicles Built for Everyone
We believe the current market needs a brand to champion all forms of electric micromobility. We’re building affordable, simple and reliable options, serving the small EV space in its entirety. As the world shifts towards electric mobility, people face a wide array of transportation needs – from last-mile transit to cargo, all with varying capabilities and preferences. But the market is fragmented: there is no single brand focused on affordability, simplicity, and reliability, leaving the micro-mobility space underdeveloped and unfulfilled. People want simple vehicles and connection to a brand, and that's what we provide.
At Vvolt, we feel we're leading a transportation revolution with our direct-to-consumer model, pipeline of product development, efficient supply chain, and strategic retail partnerships like Moosejaw (acquired by Dicks Sporting Goods earlier this year).
Our innovative products in development include uniquely designed personal utility vehicles, in two and three wheel forms. We secured a license for a patented mobility scooter in the prototyping phase, which we believe has the power to transform millions of lives for seniors. We’ve been blown away by the reception of our utility pedal assist concepts and new products, including our award-winning Slice DLX and newly released Slice Lite.
We believe we're prepared for growth, especially with anticipated government subsidies on the horizon. Volt is deepening supply chain relationships in order to build a brand that rapidly responds to the needs of the market. Our sleek belt-driven ebikes are just the beginning as we're expanding into multiple vehicle formats. Our multichannel approach allows us to meet people where they shop. We prioritize service across every channel: consumer direct, online marketplace and retail.
THE market & our traction
Leading The Charge in Urban Mobility
The ebike market in North America showcases an impressive 11% compound annual growth rate (CAGR) (Source) and is expected to reach $7 billion by 2030 (Source). However, the micromobility sector outshines it with a remarkable 17% CAGR, on track to surpass $200 billion by 2030 (Source). Vvolt is strategically positioning itself at the forefront of this urban mobility revolution, offering affordable, practical, and reliable ebikes precisely when the market demands them. Since our late 2021 product launch, Vvolt has experienced growth, penetrating every US state and major city via our primary DTC channel. We've garnered stellar reviews and media coverage from outlets like The Next Web, New Atlas, Men's Journal, and Bike Rumor, while growing our social following by an impressive 870% YoY since August 2022. Notably, we generated more than $1M in revenue in 2022, thanks to the successful launch of our Stellar Series ebikes. Led by CEO Kyle Ranson, who brings two decades of high-tech and entrepreneurial experience to the table, Vvolt is not just keeping pace with change; we believe we're driving it forward. With the micromobility market set to replace 106 million US residents' autos in the next 5 years (Source), we feel our forward-thinking strategy and dedication to quality make us an exceptional investment opportunity in this evolving and exciting landscape.
We’re happy to report concept viability via our customer survey, with 85% emphasizing ease of assembly, 92% praising their sales experience, 94% highly satisfied with our customer service, and 60% replacing auto trips with their Vvolt.
*Figures based on results of the Company's customer survey
why invest
Make EV Adoption Easy and Accessible
Investing in Vvolt means contributing to the future of electric mobility. Your funds will support strategic initiatives, customer-centric product development, and team building. We feel we're sitting at the forefront of the EV adoption curve, proud to be offering accessible and affordable solutions for those that need them. Beyond our current success, we're anticipating an expansion into new markets, including rider-owned scooters, with lightweight, versatile options suitable for all ages.
Invest in Vvolt and be a part of shaping the future of personal transportation!
ABOUT
HEADQUARTERS
2101 SE 6th Ave
Portland, OR 97214
WEBSITE
View Site
Vvolt, Inc. ("Vvolt," or the "Company") is a direct-to-consumer e-micro mobility company. We solve the challenges of urban transportation with award-winning clean tech products.
TEAM
Christopher Kyle Ranson
Founder, CEO & Director
Sarah Jean Charniak
CMO
Nicolas Michael Wood
Vice President
At Vvolt, Wood oversees and directs product development and marketing.
Daniel Whittaker Shaw
Operations Manager
Alex Xu
Design Director
Jeremy David Rider
National Sales Manager
Steven Robert Erickson
Director
Steven Robert Erickson works, on average. 2 hours per week for Vvolt.
Simon Nicholas Williams
Board Member
Simon Nicholas Williams works, on average. 2 hours per week for Vvolt.
TERMS
Vvolt
Overview
PRICE PER SHARE
$2.26
DEADLINE
Jan. 30, 2024 at 7:59 AM UTC
VALUATION
$12.99M
FUNDING GOAL
$15k - $1.23M
Breakdown
MIN INVESTMENT
$226
MAX INVESTMENT
$1,234,999.60
MIN NUMBER OF SHARES OFFERED
6,637
MAX NUMBER OF SHARES OFFERED
546,460
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives & Bonuses*
Time-Based Rewards
Early Bronze: Invest $500+ within the first 14 days and receive 2% bonus shares.
Early Silver: Invest $1,000+ within the first 14 days and receive 5% bonus shares
Early Gold: Invest $5,000 within the first 14 days and receive 7% bonus shares + 50% off any ebike (up to $1,495 retail value).
Early Platinum: Invest $10,000+ within the first 14 days and receive 10% bonus shares + any Vvolt ebike model of your choosing (up to $2,999 value).
Early Premium: Invest $25,000+ within the first 14 days and receive 12% bonus shares + Western Spirit White Rim Ebike Tour in Fall 2024 with Kyle
Amount-Based Rewards
Tier 1: Invest $1,000+ and receive a Cloudburst Running Jacket from Showers Pass ($239 retail value).
Tier 2: Invest $5,000+ and receive 2% bonus shares + 50% off any bike (up to $1495 retail value).
Tier 3: Invest $10,000+ and receive 4% bonus shares + any Vvolt ebike model of your choosing (up to $2999 value)
Tier 4: Invest $25,000+ and receive 6% bonus shares + Video Meeting with Kyle Ranson, Founder
Tier 5: Invest $50,000+ and receive 8% bonus shares + Western Spirit White Rim Ebike Tour in Fall 2024 with Kyle Ranson, Founder
* In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed. Crowdfunding investments made through a self-directed IRA cannot receive non-bonus share perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those non-bonus share perks because they would be receiving a benefit from their IRA account.
Crowdfunding investments made through a self-directed IRA cannot receive non-bonus share perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those non-bonus share perks because they would be receiving a benefit from their IRA account.
**The Company will reach out to eligible investors at the end of the offering to obtain personal information that may be required for the facilitation of any non-bonus-share perks.
The 10% StartEngine Owners' Bonus
Vvolt will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.26 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $226. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
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.
PRESS
ALL UPDATES
REWARDS
10%
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
Owner’s Bonus
Owner’s Bonus Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$1,000
Tier 1
Invest $1,000+ and receive a Cloudburst Running Jacket from Showers Pass ($239 retail value).
$5,000
Tier 2
Invest $5,000+ and receive 2% bonus shares + 50% off any bike (up to $1495 retail value).
$10,000
Tier 3
Invest $10,000+ and receive 4% bonus shares + any Vvolt ebike model of your choosing (up to $2999 value)
$25,000
Tier 4
Invest $25,000+ and receive 6% bonus shares + Video Meeting with Kyle Ranson, Founder
$50,000
Tier 5
Invest $50,000+ and receive 8% bonus shares + Western Spirit White Rim Ebike Tour in Fall 2024 with Kyle Ranson, Founder
JOIN THE DISCUSSION
0/2500
Brant Huddleston
24 days ago
I invested. One day in the future I would like to see a company like Vvolt develop A) a vehicle agnostic, solar powered, neighborhood-centric charging station B) a public use e-scooter that rights itself and automatically returns "home" every night and C) a self-driving dog walker for elderly pet owners.
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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Crowdfunding
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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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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Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
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.
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.
Christopher Schafer
5 days ago
I finally unsubscribed. I really would like to be in the loop but these constant updates with no real content are just not what I want in my inbox. I hope you find a better cadence on these mailings so I can stay in the loop.
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