GeoOrbital is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$400.00 minimum investment

GeoOrbital

Make any bike electric in 60 seconds.

Small OPO
Cambridge, MA
Transportation
Accepting International Investment
Play video

The GeoOrbital Wheel

The GeoOrbital Wheel converts any standard bicycle into an electric bike in seconds by simply replacing the front wheel. Outside of the biking world, the GeoOrbital platform opens up a world of possibilities for alternative electric vehicles.


There's no denying we have a commuter problem. Every day, millions of people line up behind the wheels of their cars in so-called "mega-regions", burning time, fuel, and sanity. It's clear that the future of transportation is electric and that electric bikes are by far the most popular electric vehicle. However, electric bikes tend to still be too expensive and too burdensome for a lot of consumers. 


With a 60 second installation and priced under $1,000, the GeoOrbital wheel, allows people to use their current bike "to bicycle to work without sweating, or to ride via routes with hills that they would otherwise be unable to conquer" - INC  


The reception for the GeoOrbital wheel has been impressive. We launched publicly on May 1st 2016 with a Kickstarter campaign where we raised $1.26M from 1,623 backers in 45 days and met our funding goal in under an hour. This places GeoOrbital in the top .05% of all crowdfunding


Since our launch we have $1.8M in gross sales and over 40 million people all over the world have seen our content. 


With this campaign on StartEngine we are building a community by including everyone in our growth. Great products have the support of great people and we are looking for great investors to join us in our journey so we grow together. 


Join us in redefining transportation!


INVESTMENT

Convertible Note | Minimum $400 Investment

Note converts to equity 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

"Just about one of the coolest Kickstarter projects we’ve ever seen" - The Huffington Post

What We've Been Up To

Since June of 2016 when our Kickstarter campaign got viral traction, we've shipped wheels across the globe, continued to receive orders, and more importantly, continued to innovate according to customer feedback and explore more and more opportunities to grow with the market. 


We are proud to make the GeoOrbital wheel in the U.S.A. (from U.S. and Imported parts)

50+ Countries

in which consumers have ordered GeoOrbital wheels.

2,000+ Wheels

Sold

100,000+ Miles

Traveled on GeoOrbital wheels (based on community feedback)

40M+ Views

For our video content online



In just 1 year, we've...

  • Shipped GeoOrbital wheels to over 50 countries.
  • Sold over 2,000 GeoOrbital wheels.
  • Had over $1.8M in gross sales.
  • Attracted an engaged following of tens of thousands of fans on social media.
  • Reached millions of people with our message - this video alone has been viewed over 26 million times!
  • Received over 2 million comments, shares, likes on social media.
  • Been covered in hundreds of press features.
  • Taken the wheel all around the world.
  • Filmed every bit of the fun, including our very first delivery!
  • Built a global community of over 150 brand Ambassadors.
  • Tested the GeoOrbital wheel on over 100 different styles of bikes (based on community feedback).
  • In 2016 GeoOrbital had the most shares (15,013 shares) and the most engagement (237,703 engaged) of any project posted by Kickstarter on Facebook.

"Reinvented The Electric Bike" -Forbes

Customer Reviews

Lenny W.  - Massachusetts

"I'm 70 now, but I feel 25 when I'm riding with the wheel!"

Andrew J. - New Hampshire

"Now that I have over 300 miles on my GO, I can say I'm still very happy. The GO has made a high quality product, it should last for many years."

Dustin W.  - Tennessee

"It's a success, I think these are great. I like these very much! Never going to ride a regular bicycle again."

Cheryl R. - Colorado

"The GeoOrbital wheel makes towing our daughter effortless...even on hills!"

Press Reviews

Sean O'Kane - The Verge

"The wheel I tested performed well... it made quick, fun work of the bike lanes around our office. (Having a little extra boost available to help dodge taxis and trucks almost feels worth the price alone.)"

Jon Lynn - Mashable

"It's definitely fun and futuristic... I had a lot of fun! The GeoOrbital is a great design."

Ben Coxworth - New Atlas (formerly Gizmag)

"Of all the cycling gadgets we've had the chance to test here at New Atlas – and there have been quite a few – the GeoOrbital Wheel has got to be one of the most fascinating... it looks like it belongs in the upcoming Blade Runner sequel..."

Alex Weaver - BostInno

"Zipping through the streets near South Station, pedestrians and motorists alike couldn't help but stop and stare, a few even asking what I was riding. I would have stopped to explain, but I was having too much fun."

About the GeoOrbital Wheel

The Technology

An orbital wheel is a wheel with no center – it “orbits” around an empty area, rather than spinning as a result of being connected to a central axle or “hub.” For example, have you seen the movie TRON? The wheels on those motorcycles are examples of orbital wheels (sometimes called hubless wheels or centerless wheels). The Patent Pending GeoOrbital wheel is an evolution of the orbital wheel platform, where instead of orbiting around an empty space, the center of the wheel contains components that make the wheel function as an “all-in-one” vehicle propulsion system. We call this central mass a “Geo.” The most powerful aspect of this new platform is that this “Geo” remains stationary with only the tire rotating, this frees the GeoOrbital platform from the constraints of traditional wheel (and vehicle) designs and opens up a world of opportunities. 


This new type of wheel was invented in 2014 by a non-engineer, Michael Burtov, who was inspired by the 2010 TRON movie. Michael managed to build the first prototype in his kitchen and by working with a top intellectual property law firm, Foley & Lardner, filed the first patent application. When Dakota Decker, an engineer from SpaceX, joined the team a few months later,  he began growing the prototype into a product. Over the next 2+ years GeoOrbital built and tested 5 generations of rideable prototypes and filed additional patent applications. We have tested and validated this new technology and our company has now become synonymous with this radically different design which is now enjoying commercial success with consumers ordering and using the wheel all around the world. Our Kickstarter campaign was one of the most successful ever, and retailers like BestBuy now carry the product today.

The Wheel as a Platform

As we cement our place in the market and build the GeoOrbital brand we are focusing on the product roadmap ahead.  


The GeoOrbital bike wheel is the most elegant solution to turn your bicycle into an e-bike and we are very proud of that. It is a real tested product that can be purchased today, installed in seconds, and is already helping alleviate global transportation challenges like noise, pollution, congestion, and parking. 


The GeoOrbital platform, however, is so much more than a bicycle wheel - it is a transportation system so versatile that its applications are still in their infancy. The GeoOrbital wheel occupies effectively the same amount of space as a standard wheel but contains a motor, a battery, a computer, and sensors - imagine the possibilities when the entire powertrain of a vehicle exists in the wheels alone.

 

With the GeoOrbital wheel a vehicle no longer needs a drive shaft to transfer power to the wheel(s), which: 

  • reduces weight
  • increases the range of motion (allowing for sideways driving/parking)
  • frees-up the space for occupants and cargo
  • creates the ability to independently drive any or all wheels with variable power (increasing efficiency, safety and handling)
  • provides new unprecedented design freedom

We are dreaming of a better future and are uniquely positioned today to participate in shaping  the urban landscape of tomorrow by redefining what a 1, 2, 3, or even a 4 wheeled vehicle can be. 

The GeoOrbital Wheel

The miniPenny (our first alternative electric vehicle)

"Swap out the old front wheel for a 21st-century one."- Time

The Features

60 Second Installation

The GeoOrbital wheel is by far the easiest way to add electric power to your bike. The only part that isn’t in the wheel itself is a simple thumb activated throttle, which is easily clipped onto your handlebar.

Up To 20 MPH

We use high powered 500W motors and Panasonic 36V removable Lithium-Ion batteries with a no-pedaling range of up to 20 miles per-battery (up to a 12 miles for the 26 inch wheel). 

USB Outlet

With our built in USB outlet you can charge your phone, bike lights, or even a speaker on the go. Remove the battery from the wheel to have a massive portable power bank to take with you. 

Flat Proof Tire

We displace the air inside of a standard bicycle tire with a specially developed hi-density foam.  The result is a tire that acts just like a traditional bike tire, but you will never get a flat. Never!

We Are Changing How People Buy Transportation

By partnering with global retailers including Best Buy we are redefining how transportation products are discovered and bought by consumers. 


Outside of selling directly on our website and through our network of Ambassadors we are partnering with top retailers to launch a new category of product - a way to turn the over 1 Billion already made bicycles into affordable electric vehicles that 94% of Americans already know how to use. Working with best-in-class retailers also allows us to create more volume sales, raise awareness, and, in turn, reduce costs. 


Priced under $1,000, the GeoOrbital wheel, when mounted on a standard bicycle,  makes one of the most affordable quality electric vehicles available.


A GeoOrbital wheel on sale at a Best Buy Store in New York

Because our community launched us and lead to our viral growth we have an active network of over 150 Ambassadors that connect existing GeoOrbital owners with potential customers. Our Ambassadors make a commission when someone in their network makes a purchase. The Purchaser as well receives a discount.

The Market

$15 Billion

E-bike sales in 2016

Source: Navigant Research

$24 Billion

Projected worldwide e-bike sales by 2025

Source: Navigant Research

35 Million

E-bikes sold worldwide in 2015

Source: Electric Bikes Worldwide Reports

The Growth of the Electric Vehicle — Led by the Bicycle

Electric bicycles continue to be the highest selling electric vehicle on the planet with an estimated 35M units sold in 2015 accounting for 62% of all e-mobility device revenue.


The e-bike industry is driven by high urbanization rates, improving battery technology and bicycling infrastructure, aggressive city energy policy, lower cost, and higher-performing product offerings. 


With consumers and municipalities around the globe increasingly searching for new products that will enable improved mobility in and around cities e-mobility devices are one of the top growing segments.


Revenue generated by global e-mobility devices (lead by e-bikes)  is expected to more than double from 2016 to 2025, growing from a $25.6 billion market in 2016 to $62.2 billion by 2025. E-mobility device revenue is expected to grow at a strong compound annual growth rate (CAGR) of 10.3% throughout the forecast period.


The GeoOrbital wheel addresses a much larger market than what is available to standard electric bicycle manufacturers. As our market not only includes people who might want to buy a new electric bike, but also current owners of over 1 Billion already made bicycles who might want to turn them into affordable electric vehicles. 


Source: Navigant Research


Our Team

GeoOrbital, Inc. has received a Verified Check from CrowdCheck for the purposes of raising $1,070,000 in an offering of the company’s Convertible Promissory Notes on StartEngine (the "Offering").  The Verified Check looks for evidence indicating that the company is a legitimate venture conducting the type of business it claims, is properly incorporated and is in good standing with a US state, and meets all legal requirements to seek investment through an online securities offering.  The Verified Check confirms that the company is complying with the requirements of the Securities and Exchange Commission’s Regulation CF. In conducting the Verified Check, CrowdCheck obtains information and documentation directly from the company and from other sources that support statements made by the company.  The Verified Check additionally looks for evidence to confirm material assertions made by the company in the Form C filed by the company.  CrowdCheck has been able to obtain sufficient evidence from GeoOrbital, Inc. and outside sources to provide GeoOrbital, Inc. with a Verified Check.

 

In the Press

Make your bike electric with this swap-in tire
June 2, 2016

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.

Newly Invented “Tron” Style Wheel Is Turning Heads
August 13, 2015

While it may not run on pure liquid energy, or leave glowing trails of light in its wake, the GeoOrbital electric bike wheel will absolutely catch your eye and hurt your brain ... making you look like you’re visiting from the future...

Tech Companies Want To Make Walking Obsolete
May 9, 2016

“Swap out the old front wheel for a 21st-century one”

This motorized wheel adds electric power to your bike
May 2, 2016

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

This Tron-Inspired Wheel Makes Your Bike Electric in 60 Seconds
May 6, 2016

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

Say Farewell to Pedaling With This Electric Bike Wheel
May 11, 2016

"Hit 20 MPH on your bike without breaking a sweat."

GeoOrbital Gives Any Bicycle An Electric Motor In 60 Seconds
December 5, 2016

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

Tron-inspired electric bike wheel chucks the hub
May 2, 2016

“A radically different design”

24 Cool Tech Startups You Should Know About This Year
May 31, 2016

“The device allows people to bicycle to work without sweating, or to ride via routes with hills that they would otherwise be unable to conquer”

Rev up your ride with this electric-powered front wheel
May 23, 2016

“A more affordable alternative to an electric bike”

Offering Summary

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.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$1,244,012.00 USD
$2,058.00 USD
Cash And Cash Equivalents
$407,725.00 USD
$2,058.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$159,315.00 USD
$20,000.00 USD
Long Term Debt
$170,000.00 USD
$0.00 USD
Revenues And Sales
$36,764.00 USD
$0.00 USD
Costs Of Goods Sold
-$27,902.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$453,656.00 USD
-$33,048.00 USD

Risks

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.


Updates

NBC Boston Takes the GeoOrbital Wheel for a Spin

4 days ago

Hello awesome investors and potential investors!

The GeoOrbital recently surpassed $300k and we wanted to send a huge THANK YOU to everyone for your support! With the summer well underway people are out and biking like crazy and more and more people are riding GeoOrbital wheels around the world. With everyone here our community is growing fast with people who love the wheel and share our vision of the future.  Recently NBC Boston took the wheel out for a spin and had a blast. Click here to see the TV segment.  




Additionally, per our offering terms, we will be conducting the 2nd closing in as little as five days. Once closed, we will deploy funds and invest in our growth. You will soon receive an official announcement from StartEngine about the closing.


Thank you everyone for your support!


-Team GeoOrbital

GeoOrbital is Conducting a Close on Their Offering

about 1 month ago

GeoOrbital has exceeded their minimum funding goal and are continuing to accept investments through 7/31/2017.

Per their offering terms, and because their equity crowdfunding campaign has now exceeded the minimum funding goal by over 211%, they have decided to conduct a closing on 6/26/2017. If your funds have cleared you will have up until 48 hours prior to this closing to cancel your investment. If your funds have not yet cleared by this date, then you will be part of the next closing if and when your funds do clear.

Inc. digs deep into our company philosophy.

about 1 month ago

Hello awesome investors and potential investors!

We’re doing great - thank you to all who have made us reach the $150k milestone in such a short time! We are well on our way to forging a path to being a new breed of company. Launched by crowdfunding on Kickstarter - and grown by crowdfunding on StartEngine! These are exciting times and together with you we are building a great company that is rooted in community, transparent, and future-driven. 

Recently GeoOrbital was featured by Inc. in their “Icons of Entrepreneurship” column for our groundbreaking “crowd-first” approach to growing the company.

Click here to check out the interview with Mike, our Founder & CEO about how GeoOrbital is shaking things up and challenging the Status Quo.


Thank you for your support in building a great company together!

 

-Team GeoOrbital.

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