The VEER offering is now closed and is no longer accepting investments.

VEER

Bomb-proof carbon belt drivetrains

VEER

Bomb-proof carbon belt drivetrains

Novato, CA
Consumer Products
Transportation
Veer designs carbon fiber drivetrains to replace dated chain drives for light electric vehicles - with the goal to provide a better drive solution as urban transportation evolves to go more electric. Their 2020 sales surpassed $100,000 in the growing eBike and eScooter markets ($23 billion and $18.6 billion, respectively).

$916,667

raised
922
Investors
$7.54M
Valuation
$0.64
Price per Share
$298.88
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$916,667

raised
922
Investors
$7.54M
Valuation
$0.64
Price per Share
$298.88
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on April 20, 2022 and is no longer accepting investments.

Reasons to Invest

Large, growing market: Veer is expanding into the Light Electric Vehicle Market with the electric bike market valued at $23 billion in 2020 alone.
Impressive sales: Veer Cycle saw more than $100,000 in sales in 2020.
Valuable mission: The Split Belt is designed to enhance light electric vehicle usage for local transportation, contributing to cities’ efforts to go green and combat climate change.

Overview


The Split Belt™: A carbon fiber belt drivetrain alternative for light electric vehicles


When a mangled bike chain sent our Founder & CEO, Sean Hacking straight into the pavement in the middle of traffic, he decided to take matters into his own hands for everyone else who could be riding but are intimidated by the safety, reliability, and inconsistent performance.


The Split Belt carbon fiber drive by Veer is a next-gen drivetrain that boosts durability, performance, range, and affordability of bicycles and light electric vehicles like eBikes, eScooters, and eMotorcycles. 


*Images above are computer generated demo versions.


We want to replace dated chain drives for light electric vehicles - with the goal to provide a better drive solution to increase ridership as urban transportation evolves to go more electric.


   



We outperform the traditional bike chain in durability, simplicity, and safety—which we believe is why we’ve already shipped 1,000 belts in the last two years and won an award at the world’s largest bike trade show, Eurobike, for our Split Belt design.



*The above information is based on internal research and management's experience.


We believe we have mastered regular pedal bikes and we are ready to take over the electric motor vehicles sector. 


The Problem


Transportation of the future shouldn’t rely on technology from the past


We believe most electric scooters, electric motorcycles, and other forms of light electric vehicles still use the same outdated metal chain drives that were designed for manual bikes 140 years ago. 


Chain drives are mechanically efficient and cheaper in upfront cost, but they are difficult to maintain and can become more expensive in the long run due to maintenance and upkeep. Poorly cared-for chains have the potential to fail mid-ride, posing a huge danger to riders.




Many light electric vehicles also do not have a method to change gears, causing the electric drive system to have trouble operating at the most efficient speed, limiting range and performance.






THE SOLUTION


A replacement for that rusty old bike chain

Our technology is bringing drivetrains for bicycles and light electric vehicles up to speed for the modern rider. Our toothed carbon fiber Split Belt is as strong as a chain, yet far more efficient—meaning less maintenance with fewer service costs and less time spent tinkering with shoddy old chains.



Split Belt adds efficient shifting capabilities to single-speed drives seamlessly, giving the motor better performance over a range of speeds.



This means motors and batteries can be smaller, cheaper, and lighter, which reduces production costs.

With no metal-on-metal contact, our belt never needs cleaning or lubrication either.


*Images are computer generated demo versions.

what we do


We’ve created a product that carefully considers the needs of manufacturers and riders alike



The Split Belt is a bomb-proof carbon belt system that runs on metal sprockets to transfer power from the rider and/or motor to the wheel, increasing efficiency and decreasing hassle compared with traditional chain drives.

 

The unique split link in the belt allows for complete design freedom for the manufacturer.

 

The Split Belt is super adaptable, as well, with a joint in the circular belt that allows it to be threaded through frame cavities and made in any length.

The Market


Small electric vehicles will ride on traction built during the pandemic

By 2027, the worldwide bicycle market is anticipated to grow to $147.24 billion. In 2020, the electric bike market was valued at $23.89 billion with an expected CAGR of 11.84% through 2026, and the eBike drive market specifically was valued at $6.19 billion


In 2020 alone, the eBike market saw a 144% increase year over year in sales, an increase in cycling interest-driven in part by the pandemic—changes that are anticipated to stick.


Source 1 and Source 2


Our target market size is $120M per year, putting our target volume at 700,000 drives per year.  



*Images are computer generated demo versions.

OUR TRACTION


Consumers are happy to adopt the Split Belt


Since our inception in 2019, we have seen year-over-year growth of 200%, having shipped more than 1,000 drive units to date. Overall, we’ve seen $141K+ in 2019/2020 gross sales, with $100K+ in 2020 alone. Our returning customer rate for our online store is 30%.



At this time, we have also several national and international production partners, three international distributors, and 50 retail dealers, including Just Pedal, Spokesman bicycles, Rob’s bike center, Hartsburg Cycle Depot.





THE VISION


We intend to be THE drive supplier for the mid- to high-end market


We plan on transitioning to mostly OEM sales and to expand our operations in North America, Europe, Asia, and Australia.



In 5 years, we aim to have built a complete line of geared and fully modular belt drive systems paired with motor systems. These will be used on an array of bikes and other vehicles, including electric cargo bikes and light delivery “trucks”.

We hope to become the go-to drive supplier for mid-to-high-end eBikes and eScooters, especially in high-usage applications like shared fleets and rentals. Our ultimate vision is to usher in more businesses like these to help cities curtail local car travel and combat climate change.



WHY INVEST



Veer is advancing the future of local transportation


We’re doing more than just selling a great product.


Our carbon fiber transmissions boost the durability, performance, range, and affordability of light electric vehicles such as eBikes, eScooters, and eMotorcycles, thereby making these modes of transportation both more accessible and more desirable. 


We can’t think of a better way to increase ridership and help cities to move on from cars than to make people actually want to choose another way.










Offering Summary


Company

:

Hacking Labs

Corporate Address

:

46 Digital Dr., STE. 2, Novato, CA 94949

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$298.88











Terms


Offering Type

:

Equity

Security Name

:

Non-Voting Common Stock

Minimum Number of Shares Offered

:

15,625

Maximum Number of Shares Offered

:

1,671,875

Price per Share

:

$0.64

Pre-Money Valuation

:

$7,542,400.00











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

Time-Based:

Friends and Family Early Birds

Invest within the first 48 hours and receive additional 20% bonus shares

Super Early Bird Bonus

Invest within the first week and receive additional 15% bonus shares

Early Bird Bonus

Invest within the first two weeks and receive an additional 10% bonus shares

 

Amount-Based:

$500+ You Rock! Level Up

30% discount on an order, shirt, stickers

$1,000+ We Love You? Level Up

2% bonus shares, 30% discount on an order, shirt, remote control electric motorcycle

$2,500+ Riders LevelUp

5% bonus shares, 30% discount on an order, shirt, remote control electric motorcycle

$5,000+ Owners Level Up

10% bonus shares, lifetime 30% discount on orders, shirt, underwear, remote control electric motorcycle, glorious founder edition trophy

$10,000+ Founders Level Up

15% bonus shares, raffle ticket for 1 of 3 Custom Founder Edition electric bikes with Veer Split Belt, call or meeting with the founding team, first look at upcoming products in development, lifetime 30% discount on orders, shirt, underwear, remote control electric motorcycle, glorious founder edition trophy

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Hacking Labs 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 Non-Voting Common Stock at $0.64 share, you will receive and own 110 shares for $64. 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 only receive a single bonus, which will be the highest bonus rate they are eligible for.

The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$103,625.00 USD
$40,056.00 USD
Cash And Cash Equivalents
$64,234.00 USD
$3,552.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$20,173.00 USD
$10,153.00 USD
Long Term Debt
$124,433.00 USD
$0.00 USD
Revenues And Sales
$107,664.12 USD
$33,665.00 USD
Costs Of Goods Sold
$54,045.00 USD
$9,678.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$130,884.00 USD
-$136,613.00 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

Veer Cruises Past $900K on StartEngine!

6 months ago


We’ve hit another milestone in these final hours! 


It’s been an incredibly busy and successful year for us at Veer, and passing the $900K milestone is the cherry on top!


We couldn’t have done this without you, and our team can’t begin to show enough thanks to the investor community that has supported us up until this point!


We still have the exciting raise goal of $1.07M and are hoping to get to that finish line! 


Time is running out to join our community of early shareholders! To invest simply visit our StartEngine raise page and invest for as little as $298.88.


If you have already done so, there is no better time to re-invest and invite your friends, family, and network to join you!


Once again, thank you for your continued support. The Veer team is looking forward to closing out this campaign strong.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Check out Sean’s Interview on Benzinga covering industry trends, small investor pitfalls, and problems in micromobility!

6 months ago

 

Hello Veer Community,


I recently had the opportunity to speak with Benzinga!


In this interview I talk about major industry trends we’ve been seeing these past few years, the most common pitfalls small investors fall into, and the largest unseen problems in mobility.


If you want some industry insight and to hear about what we’ve learned being so deeply involved with light electric vehicles, you should check out the whole interview here.


If you’ve been on the fence about committing your investment, I suggest you take advantage of today's last opportunity to invest in Veer and be part of our future success.


Also, if you've already invested in Veer, tell your friends and colleagues about it so they can join the team!


How long are you going to wait?! This is your last chance!



Check out our StartEngine crowdfunding site now, because you may invest as little as $298.88!



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

This is Your Last Chance

6 months ago


Veer Community,


We don't want you to miss out on the last stages of our equity crowdfunding campaign. We owe a sense of gratitude to everyone who has led to the development of Veer.


We couldn't be happier with the results of our campaign thanks to your hard work!


But we're not done yet, like any startup!


Do not miss out on this fantastic investment opportunity.


You should take advantage of the last opportunity to invest in Veer and be

 part of our future success.


Also, if you've already invested in Veer, tell your friends and colleagues about it so they can join the team!


How long are you going to wait?!  Today is the last stage of Veer's campaign!



Check out our StartEngine crowdfunding site now, because you may invest as little as $298.88!




Warmly,
Sean Hacking
CEO
Veer
#chainlessispainless 🚲



Last Chance Q&A Webinar Recap!

6 months ago


Hello! 


Our equity crowdfunding raise has been nothing short of a productive, and motivating journey. The end of our equity crowdfunding raise is quickly approaching, and we’d love for you to join the Veer Community!


Founder Sean Hacking recently hosted our last chance Q&A + campaign overview webinar. We don’t want you to miss out on this revolutionizing investment opportunity!  


Which is why we gave one last overview of the beginning of our campaign, where we are currently, and where we plan on going. 


In case you missed it, we highly recommend watching. This is your last chance to own a piece of our carbon fiber drivetrains that will combat climate change and contribute to cities' efforts to go green! 


You can find the webinar here.


Invest on StartEngine Today Before It's Too Late!


The Veer team is looking to capitalize on an expanding eBike, eScooter, and micro-mobility market on StartEngine. Our goal is to provide a better drive solution as urban transportation evolves to go more electric! 


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless

Time is Running Out ⏰

6 months ago


Veer Community,


With our equity crowdfunding campaign coming to an end, we wanted to take a moment and thank all of you who have supported us in making Veer what it is today.


This journey has exceeded all of our expectations - thanks to you!


We've had an amazing turnout throughout the course of our raise, but as with any startup, we're not out of the woods yet. 


You don’t want to miss this incredible investment opportunity. TIME IS RUNNING OUT!!


So, if you haven't already, now is a great time to invest in Veer and help us continue to make this thing happen. 


And if you have already invested in Veer, well then spread the word and get your network on board too!


What are you waiting for?!


Head over to our StartEngine raise page and invest for as little as $298.88 while time permits!


Warmly,

Sean Hacking

Our carbon fiber belt is getting a lot of buzz! 🚲

6 months ago


Veer Community,


We’ve been featured on another Benzinga article! Check out a summary below and some key points. Be sure to check out the full article. 

With a population of more than 39 million people and a population growth rate of 6%, California has dealt with a serious congestion problem for decades.

California passed the Road Repair and Accountability Act of 2017 (SB 1) allocating $54 billion over 10 years to decrease congestion and improve California’s transit system. 

That includes $1 billion to fund the Active Transportation Program that will go toward adding new bicycle and pedestrian lanes, expanding and improving the safety of existing lanes, and funding micro-mobility initiatives that make nonmotorized transportation more accessible and more attractive to Californians. This isn’t just happening in California, cities around the world, like Paris, Berlin, and Seattle, are also investing in micro-mobility infrastructure. 



In 2019 alone, 136 million shared micro-mobility trips replaced as much as 45% of car trips. 

With the growing trend of permit-based programs, cities are able to generate revenue from application fees, permit fees and other charges to the companies that want to add their fleets to the city — making this not only more affordable than highway expansions but also a means of raising money that can be invested into further adapting cities to be more bike, scooter, and pedestrian-friendly. In Los Angeles, the largest dockless mobility program in the country was launched that same year. About 37,000 ebikes and scooters were released into the city. Because they don’t need to be docked at any particular station, residents can simply pick up an ebike or escooter whenever they need and park it wherever when they’re finished with it. This dockless system makes it more convenient and more flexible as users don’t need to search for a docking station near their destination.


The Split Belt from Veer, is a widely compatible carbon fiber belt drive that offers a smoother, safer, more durable alternative to the metal drive chains that are the current standard.

Veer, not only could it sell its proprietary Split Belt to manufacturers as they accommodate California’s growing market by scaling production and looking for longer lasting alternatives to metal drive chains, the company can also sell directly to consumers. Those consumers, who may now qualify for California’s SB 400 voucher program, can use state grant money to customize their new electric bikes.


Click here to read the full article!


Warmly,
Sean Hacking
CEO
Veer
#chainlessispainless 🚲

Veer Pushes Past $8000K in Investments!

6 months ago



Veer Community,


We’ve hit another milestone! 


It’s been an incredibly busy and successful year for us at Veer, and we’re happy to share that we’ve raised over $800K in investments via our equity crowdfunding campaign on StartEngine.


We couldn’t have done this without you, and our team can’t begin to show enough thanks to the investor community that has supported us up until this point!


Our campaign is closing soon and as you may know, we have an exciting raise goal of $1.07M


Can we count on you to help us reach that? 


Time is running out to join our community of early shareholders! To invest simply visit our StartEngine raise page and invest for as little as $298.88.


If you have already done so, there is no better time to re-invest and invite your friends, family, and network to join you!


Once again, thank you for your continued support. The Veer team is looking forward to crossing the finish line with you.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless

Read Our Most Recent Benzinga Feature!

6 months ago


Veer Community,


We’ve been featured on Benzinga! Check out a summary and key points of the article below. Be sure to check out the full article!

The Micro-Mobility Surge Across California 

Since the passage of SB 1 in 2017, California representatives have debated how best to spend that $54 billion. While some want to add new lanes to freeways and otherwise invest in expanding car capacity on California roads and highways, a growing number of representatives and advocacy groups are pointing toward the flaws in that thinking. Namely, the phenomenon of induced demand means that adding lanes might only worsen congestion, possibly making it an ineffective approach to combating traffic in the state.

Meanwhile, in 2019 alone, 136 million shared micro-mobility trips replaced as much as 45% of car trips. Not to mention, with the growing trend of permit-based programs, cities are able to generate revenue from application fees, permit fees and other charges to the companies that want to add their fleets to the city — making this not only more affordable than highway expansions but also a means of raising money that can be invested into further adapting cities to be more bike, scooter, and pedestrian-friendly.



Pilot Programs See Success 

  • In Santa Monica, 2,500 light EVs logged 2.7 million trips, with 49% of those trips replacing trips that would have otherwise been made by car.

  • In San Francisco, 1,250 scooters logged more than 240,000 trips in 5 months, replacing an estimated 40% of car trips. The Bay Area also has plans to expand its ebike fleet to 14,200 over the next few years.

  • In Oakland, a successful adaptive bike-share program made the city one of the first to expand access to shared micro-mobility fleets to people with disabilities. 



Veer Split Belt 

The Split Belt from Veer, is a widely compatible carbon fiber belt drive that offers a smoother, safer, more durable alternative to the metal drive chains that are the current standard. Bike-sharing fleets see a lifetime of usage in 6 months vs the 2 years the average bike would see. This means the need for more durable components, like Veer’s belt drive, will be a necessity with the changing mobility efforts.

According to Veer, not only could it sell its proprietary Split Belt to manufacturers as they accommodate California’s growing market by scaling production and looking for longer lasting alternatives to metal drive chains, the company can also sell directly to consumers. Those consumers, who may now qualify for California’s SB 400 voucher program, can use state grant money to customize their new electric bikes.

Click here to read the full article on us!


Warmly,
Sean Hacking
CEO
Veer
#chainlessispainless 🚲



Less Than One Week to RSVP!

6 months ago


Veer Community,


The clock is ticking…


Don’t miss this invitation to join Veer’s executive team for our final webinar!


There is less than one week left to register for this opportunity to get those last minute questions answered and learn more about our campaign's progress on StartEngine before it comes to an end shortly.


Sign up today, and join us on Wednesday, April 13th, 2022 at 11:30 AM PST!


On behalf of the Veer team, we'd like to thank you for your support so far, and we're looking forward to seeing you all in virtual attendance.


If you haven’t already done so, be sure to visit our raise page and join our community of 760+ early investors before our campaign ends!



Warmly,
Sean Hacking
CEO
Veer
#chainlessispainless 🚲

Veer’s Campaign Is Coming to a Finish.

6 months ago

 


Veer Community,


With our equity crowdfunding campaign coming to an end, we wanted to take a moment and thank all of you who have supported us in making Veer what it is today.


This journey has exceeded all of our expectations - thanks to you!


We've had an amazing turnout throughout the course of our raise, but as with any startup, we're not out of the woods yet. 


You don’t want to miss this incredible investment opportunity!


So, if you haven't already, now is a great time to invest in Veer and help us continue to make this thing happen. 


And if you have already invested in Veer, well then spread the word and get your network on board too!


What are you waiting for?!


Head over to our StartEngine raise page and invest for as little as $298.88 while time permits!



Warmly,
Sean Hacking
CEO
Veer
#chainlessispainless 🚲



Veer’s Last Chance Q&A Webinar!

6 months ago


Veer Community,


Don’t miss our final webinar!


This is your opportunity to get your last minute questions answered, updates on our crowdfunding campaign, and what's next for Veer in the coming months!


As we approach the final days of our campaign, we want to share with you the important details of our plans and how you can get involved in making them a reality.


There are less than two weeks to secure your spot!


Register today, and join us on Wednesday, April 13th, 2022 at 11:30 AM PST.


Don't forget to bring those burning questions. We’ll be sure to shed some light on them!


We thank you for joining us, and look forward to seeing all of our investors and supporters in (virtual) attendance.



Warmly,
Sean Hacking
CEO
Veer
#chainlessispainless 🚲

We need your help!

6 months ago


Hello!


I just wanted to take a moment and thank you again for investing in Veer. We’re beaming with excitement that you’re here, and we can’t wait to hit major milestones with you. 


My team and I have been working night and day to make our vision come to fruition, and create more awareness about Veer. 


I was curious if you could help us for a brief moment? 


We’ve put together an investor survey to learn more about your choice to invest in Veer. 


Could you fill out the survey for us? 


I promise it’ll take less than 5 minutes to complete! 


By gathering more insights on your choice to invest in Veer, we hope to make more strategic decisions that will grow our investor community faster, and ultimately become the number #1 in the Light Electric Vehicle Industry. 


I appreciate your support and consideration! 


Complete Investor Survey


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Veer Pushes Past $750K in Investments!

6 months ago


Veer Community,


We’ve hit another milestone! 


It’s been an incredibly busy and successful year for us at Veer, and we’re happy to share that we’ve raised over $750K in investments via our equity crowdfunding campaign on StartEngine.


We couldn’t have done this without you, and our team can’t begin to show enough thanks to the investor community that has supported us up until this point!


Our campaign is closing soon and as you may know, we have an exciting raise goal of $1.07M!


Can we count on you to help us reach that? 


To join our community of 760+ early shareholders, simply visit our StartEngine raise page and invest for as little as $298.88.


If you have already done so, there is no better time to re-invest and invite your friends, family, and network to join you!


Once again, thank you for your continued support. The Veer team is looking forward to crossing the finish line with you.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Less Than a Month Left to Invest in Veer!

7 months ago


Veer Community,


What a wild ride it's been since we first launched our equity crowdfunding campaign!


As we approach the final weeks of our raise, we want to thank all of you who have joined us on the journey so far. You have helped make Veer what it is today. 


With that being said, there’s less than a month left to invest in Veer!


If you’ve been holding off on becoming an early shareholder, now is the time to jump on board.


For those who have invested already, this is another chance to double down on your investment or share this opportunity with your network! 


As our company continues to grow, we want to make sure that you stay along for the ride.


Our executive team is looking forward to keeping you guys updated on all of the exciting stuff coming down the pipeline.


Join the momentum and be a part of something great. Visit our raise page and become an early backer for as little as $298.88 today!



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Veer Selected Into SD Sport Innovators’ Accelerator Program!

7 months ago

Veer Community,


We're stoked to announce that Veer has been accepted into the San Diego Sport Innovators’ Accelerator program!


The program offers guiding principles for established companies looking to scale, focusing on sports and active lifestyle industries, such as Veer.


We had a rigorous and highly selective application process. There were many rounds of pitching and in-depth analysis by multiple panelists, with many hours of effort invested before we could move on to the final round and eventually be accepted.


We will be assigned an experienced team that will provide hands-on mentoring tailored to our needs. We will also receive close to 100 hours of direct contact and feedback over the course of the 20-week program.


These Mentors work closely with us to ensure we have the tools needed for success, including:


  • Tapping into the expertise and resources of nearly 50+ C-level executives on the Advisory Board at SDSI.

  • Marketing and exposure to SDSI members and SAL industry.

  • Business contacts that can lead to new partnerships and help us grow.

  • Variety of programs and networking events designed to help us enhance our company.

  • Access to a vast amount of new technology and talent.

  • Advocacy on behalf of San Diego Sport Innovators.


You can read more about the Accelerator Program here!


We already have a strong team with experienced advisors, but having a group dedicated to helping us grow will be another asset to help us not only reach our growth goals for this year, but also maintain them.


We understand that not all startups succeed, but we're confident we'll make it because of our traction to date and the help of seasoned entrepreneurs! It's an honor to be selected to join this accelerator program, and we are more than excited to reap the rewards of this opportunity.


The Veer team is looking forward to keeping you posted on exciting updates and important news. Thank you for your continued support!


Visit our StartEngine raise page and join our community of 750+ early investors today.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Veer’s New OEM Partnership: Multicycle!

7 months ago


Veer Community,


We are stoked to announce another OEM partnership with a major ebike company, Multicycle! 


Multicycle is a Dutch brand that has been around for decades and is a part of Kross S.A., the largest bike company in Poland.


This will be one of our largest single orders to date, and we look forward to establishing a long-lasting partnership with them.


Multicycle focuses on urban electric bikes, and was founded in the Netherlands - where bikes are widespread and are largely considered a utility rather than purely for lifestyle and recreation. 


Since the pandemic, there has been a major boom in ebike adoption around the world. This especially increased in the Netherlands, where they became so popular that ebikes accounted for more than half a million of the 1.1 million bike sales in 2020.


With the increasing popularity of ebikes (especially urban ebikes), many customers are specifically requesting belt-driven models. Belt drives are low maintenance, clean, and durable - perfect for daily riders who use their bikes to get around.


Multicycle designs classic Dutch-style ebikes with comfort and quality in mind.


Their bikes feature a Shimano Steps mid-drive motor paired with a Nexus rear hub. This combination with Veer's Split Belt results in a fuss-free ride that’s perfect for cruising through town to pick up the last few groceries or to get to work without arriving all sweaty.


Multicycle needed to quickly find belt drives for their bikes for the upcoming season, and most component manufacturers have extremely long lead times due to high demand and supply chain issues. Veer was able to address this urgency and offer a solution. 


We have shorter lead times than our competition at the moment. We achieve this through our flexibility as a smaller company, our strategy of sourcing from multiple countries, airfreighting goods rather than by sending them by sea, and keeping more inventory on hand with the knowledge we can easily move it.


You can find more information regarding Multicycle here!


We encourage all of our supporters to visit our StartEngine raise page and join our community of 750+ investors today.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Watch a Recording of Our 2022 Growth Strategy Webinar

7 months ago


Veer Community,


Hi everyone! CEO of VEER, Sean Hacking here.


We recently held an exclusive webinar for our supporters and investors related to our growth strategy! In case you missed it, we’ve provided a link to our webinar recording for you to watch at your earliest convenience.


We go into a lot of detail covering how we plan on implementing the steps needed to scale including refining our operations and methodologies. In today’s investor article, I am going to highlight some of the high-level questions that were discussed during the event. Be sure to watch the whole webinar if you are interested in the nitty gritty of what our plans are. 

What are Your Plans for Making Veer a Multi-Million Dollar Company?


“In order to bring it to the next level as far as multi million dollars of revenue per year, there's really four key areas that we're focusing on. One of them is this OEM channel, so selling to the manufacturers directly and really scaling that operation. The next thing is really tooling up for high volume production by building out machinery, equipment, and manufacturing processes to get us to the next level of scale. Next, we have developed key partnerships with other industry players that already have market penetration and established sales channels. That's really critical to our growth strategy. And then really refining our operations and processes and methodology that allow us to become a larger company. ”

Who are Your Competitors?


“As far as the comparable type competitive landscape, you really only have one other company that can produce this kind of technology, Gates Corporation. They have a line of products for bicycles and light electric. It can confer at first similar benefits to what we're doing, but really we have a huge advantage when it comes to actually ease of integration on vehicles. Our drive can drop right in on any kind of vehicle design with very little changes or redesign. Their products you have to follow their whole design guidelines ”

Where are Veer’s Parts Manufactured?


“We have supplier layers in Europe, Asia, and the US. We don't outsource everything. We do have some production right here just North of San Francisco, in our facility. But really the most critical components we do ourselves, or the most critical processes, you might say, in order to control the quality. And then we source from multiple places depending on the level of quality and pricing that we need.”

Do you Anticipate Existing Supply Chain Issues?


“It seems like everything in the world right now is having challenges. Yeah, it does affect us. Basically what we're doing to mitigate that is multiple sourcing, holding higher levels of inventory, so that we can actually pull from stock that we have in the US. And then, better production planning and improving our production processes. We’re basically getting the capacity up so we can front load a bunch of inventory, build it up, and make sure we're not really in danger of having troubles when the inevitable supply chain issues hit.”


Join Our 750+ Investor Community on StartEngine!


We’ve already received a massive amount of support from our investors, and our campaign is far from over.


If you haven’t already, I encourage you to visit our StartEngine raise page and hop on board our community of 750+ investors while time permits!


We look forward to a strong finish and partnership with you as an investor. Keep riding!


Warmly,
Sean Hacking
CEO
Veer
#chainlessispainless 🚲



Over 600 Investors on StartEngine! 🙌

7 months ago

Veer Community, 


Big news!


Thanks to the support of our investor community, we have now surpassed over 600 early shareholders on StartEngine!


We are blown away by the brace of our backers, and wanted to take a moment to thank each and every one of you.


Thanks to your help, we are well over half way to our raise goal of $1.07 million!


Here are just a few of the reasons you should consider investing or reinvesting today:

  • Large, growing market valued at $23 billion in 2020.

  • 200% YoY growth.

  • Contributing to cities' efforts to go green and combat climate change.


Our campaign is far from over, and we need your assistance!


Head over to our raise page for information on our Split Belt™️ and how to become an early investor.


If you still have any questions or concerns, do not hesitate to reach out to our team and we will be more than happy to assist you.


Thank you for your continued interest and support in the Veer mission.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Introducing the Link Bot P1000!

7 months ago


Veer Community,


Getting our Split Belt systems seamlessly installed on bicycles in bulk on the assembly floors of our OEM partners is the most efficient way to get bicycles into the hands of consumers.


Introducing our newest development, the Link Bot P1000. This tool was designed, prototyped, and built right here in our very own lab.


Putting the Link Bot P1000 on assembly lines enables efficient installation of our belt drive at scale, assembling over 500 bikes per day, per machine, with an ultra-speedy pneumatic tool. Installation of one belt on a bike takes less than 60 seconds.


This is the first of many machines and robots that we will be manufacturing in order to build out the infrastructure needed by our growing number of OEM partners.


One of our most important strengths is our human capital. As a result, we have developed a strong engineering team who can accomplish anything they put their minds to. Our engineers take pride in their work and have a strong desire to innovate and push themselves, and this is just one great example.


Tools like these usually take companies years to design, prototype, test, and bring to production but our engineers were able to do it in 5 months because of the extensive R&D and prototyping facility we’ve built out in-house. This allows us to move quickly as we grow the business and not be constrained by relying on other people to make prototype parts for us.


We are dedicated to supporting our OEM partners in achieving their goals, ensuring they are successful with our products. This means we are putting our engineering team to work and building out a slew of tools and instruments to make integration of our components easy. 


For more information on the Link Bot P1000, we’ve included a video for you to watch if you are interested!


We look forward to keeping our investors and supporters updated on all of the exciting stuff we have in store in the near future.


If you’ve been thinking about investing in Veer, now is the time!


Head over to our StartEngine raise page and join our community of 750+ early shareholders for as little as $298.88.


As always, thank you for your continued support and belief in our vision. Keep riding!



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless

Notice of Funds Disbursement

7 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Last Chance to RSVP for Our Webinar!

8 months ago


Veer Community,


The clock is ticking…


This is the last day we’re accepting registrations for Veer’s 2022 growth strategy investor webinar!


It's already been a huge year for Veer, and we wouldn’t be where we are without our investor community and customers. We're excited to share with you our plans for this year!


Don’t miss this opportunity, and sign up today.


Mark your calendar, because this discussion will be taking place on Thursday, February 24th at 2:30PM PST!


I am looking forward to seeing you all in virtual attendance.


To join Veer’s growing number of 730+ investors, head over to our StartEngine raise page and invest for a minimum of $298.88!


Thank you in advance for your support. Our executive team is looking forward to a strong partnership with you.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Notice of Material Change in Offering

8 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the VEER offering. Here's an excerpt describing the specifics of the change:


Issuer is extending campaign


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

RSVP for Veer’s 2022 Growth Strategy Webinar!

8 months ago

Veer Community,


Don’t miss out…


We’re hosting an exclusive 2022 Growth Strategy Webinar, and you’re invited to join us!


Exciting things are happening for Veer this year, and we wanted to give you the opportunity to hear our plans for growth in the industry.


Register today, and join me on Thursday, February 24th at 2:30PM PST!


We’re looking forward to seeing you all in virtual attendance, and can’t thank you enough for all of the support you’ve shown us throughout the course of our campaign.


If you haven’t already, we encourage you to visit our StartEngine raise page and join our community of 730+ early shareholders!


Capital is moving fast, and we want to make sure you get a piece of the pie.


Thank you for riding with us!



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

The Origin Story Behind Veer.

8 months ago


Veer Community,


I wanted to give a little background as to why I was inspired to create Split Belt and help propel adoption of bikes and light electric vehicles.


When I see our gridlocked city streets, my mind wanders to a future where people can get around quickly, easily and healthily in their community.


We see this happen in cities all around the world: when they move away from cars and transition to alternative transportation, it creates a happier and healthier lifestyle.


I can tell you this because I’ve experienced it firsthand. When I lived in Amsterdam, my bicycle was the only form of transportation I had to get around.


That being said, with the shift away from cars, there are problems. I experienced one of those problems.


A few years ago while in Taiwan, I was on a rental bike touring temples when I pulled out into an intersection and my chain snapped, plummeting me to the ground. I then crawled out of the intersection, bruised and bloody, to avoid getting hit by the vehicles speeding by.


This was not the first time I had a mechanical failure that caused an accident, but I wanted to make sure it was the last.


As alternative transportation changes to electric and replaces cars in urban centers, there are problems with the reliability and safety of these vehicles.


Veer has set out on a mission to create a new system of drive components that are more reliable, cost effective, and safer for everyone to use as we transition into the future of sustainability.


To join Veer’s community of 730+ early investors, head over to our StartEngine raise page today.


As always, thank you for your support and believing in our vision!



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless

Veer Cruises Past $700K on StartEngine!

8 months ago

Veer Community,


We’re stoked to share some exciting news with you guys…


Thanks to the support of our growing investor community, we’ve surpassed $700K in investments via our equity crowdfunding campaign on StartEngine!


We couldn’t have done this without you, and our executive team at Veer can’t begin to express enough gratitude.


As we approach the end of our raise, we need your help crossing the finish line!


If you haven’t already done so, we encourage you to visit our raise page and invest for a minimum of $298.88.


We think having 725+ investors speaks for itself, but we’ll let you be the judge. Don’t miss out, and take advantage of this opportunity before it’s too late!


If you have any questions or concerns, please do not hesitate to reach out to us directly in the comment section of our raise page. 


Thank you for your continued support and belief in our vision. We look forward to a strong finish and a long-lasting partnership with you.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲



Pinion Gearbox Compatibility.

8 months ago


Hello Veer community! 


We are excited to announce that we are developing a product that is compatible with Pinion gearboxes! Pinion is a gearbox manufacturer that was started by two innovative engineers that worked on the Porsche transmission.


Unlike many internally geared hubs that are laced into the rear wheel, Pinion gearboxes are mounted at the bottom bracket of the bike frame which allows for better weight distribution, a cleaner look, and simpler operation.


Their internal gear system enables you to shift easier through 18 gears in a compact, ultra-durable, and maintenance free package.


Gear boxes are a well-established innovation in some areas of the world, and companies like Pinion align with Veers’ mission to make bikes maintenance free, last a lifetime, and as worry free as possible.


The problem with running an outdated chain on this gearbox, is that it doesn't last as long as a newer Pinion system, requiring frequent maintenance. This kind of defeats the purpose of having a gearbox that lasts 50K miles, right?


This is where Veer steps in.


Bottom line is that we’re thrilled to be developing products with the Pinion gearbox, which will allow us to deliver a powerful, hassle-free setup all together.


Our team is looking forward to keeping you updated along the way!


Join Veer’s community of 720+ early investors on StartEngine today. We look forward to a strong finish in our campaign with you as a shareholder.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Notice of Funds Disbursement

8 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Veer is Riding the Road to Sustainability

9 months ago


Veer Community,


Here at Veer, we are striving to make a difference in the world by producing Split Belt and drivetrain designs for sustainable electric vehicles in micro-mobility.


Although we are a small company, with a small team, we do make an impact! 


We pride ourselves on being environmentally conscious and sustainable in every aspect of our business, resulting in less impact on the earth and our climate.


We have tried our best to leave the smallest footprint possible. We worked closely with our subcontractors, convincing them to move away from shrink and bubble wrap and switch to newspaper that is more easily recycled.


Even on the rare occasion that we do receive wrap or foam, we try to keep everything to reuse it at least one more time and give it another life!


In addition, we designed our consumer boxes to be recyclable. Our plain kraft boxes contain almost no ink, recyclable tape, only one sticker, and you can throw our boxes into the recycling bin with ease.


Our employees strive to take care of the environment by taking responsibility for their own footprint. The majority of our team drives electric or hybrid vehicles and charges them on site.


Oh, and did we mention that our car charger, office, and warehouse are also powered by 100% renewable energy sourced from local solar and wind farms in California?


As you can see, the entire Veer team is enthusiastic about environmental stewardship, and that enthusiasm carries over to our business practices as well.


Join our movement of creating a more sustainable future for generations to come, and invest in Veer on StartEngine today.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Watch Veer’s Split Belt Installation Video!

9 months ago


Veer Community,


Hi everyone! CEO of Veer, Sean Hacking here.


For your convenience, we’ve created an installation video to show you just how easy and low maintenance it is to install our Split Belt™️ ️onto your existing standard bike frame. This is specifically for aftermarket installations, factory installations utilize different tools and is a faster process. 


Here is a quick overview of the few simple steps it takes to get our bomb-proof carbon belt drivetrains onto Shimano’s Alfine and Nexus hubs:


  • Mount rear cog onto hub.

  • Install rear wheel and tighten.

  • Slide the axel towards the front of the bike, then check the alignment.

  • Take a straight edge and make contact with the edge of the front sprocket at 2 different points, then compare alignment with the rear cog (the edge should be 2.5mm from the cog).

  • Thread belt through rear triangle. The belt’s “male” end points in the direction that it travels.

  • Align belt splice and insert rivets. The rivet heads should be flush against the belt.

  • Clinch rivets with a riveting tool until the rivet splays. There will be a “pop” sound or feel to it.

  • Carefully mount the belt onto the beltring and cog, but make sure to not force it on.

  • Tension the belt until it is nice and taught.


And just like that, you’re ready to ride!


This video is meant as a visual guide for the installation process and gives you a good idea of what installation is like on other systems, but doesn’t include all the relevant information that is needed.


For more helpful tips and details on this process, please be sure to check out our Quick Start Guide Manuals!


We hope this helps, and if you still have any questions or concerns, please feel free to reach out to the Veer team.


Last but not least, be sure to join our community of 695+ early investors on StartEngine today!


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 

Veer Rides Past $650K on StartEngine!

9 months ago

Veer Community,


You guys have done it again!


Thanks to the support of our investor community, we’ve reached yet another extraordinary milestone during our equity crowdfunding campaign:


Over $650k raised by 695 investors! 


We are blown away by these numbers and the amount of traction Veer has received thus far, and we can’t begin to express our gratitude.


We appreciate your confidence in backing us, and thanks to our shareholders, we are well on our way to reach our offering max of $1.07M by the end of our raise!


Our campaign is far from over.. 


If you have been considering investing in Veer, there is no better time than right now! 


To join the movement, simply head over to our raise page and join us as an investor for as little as $298.88!


If you have any questions or concerns, please feel free to visit our website or reach out to our executive team for more information. We will be more than happy to assist you with your needs.


Let’s keep up the momentum, and ride with us to the top!



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Notice of Funds Disbursement

9 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Help Veer Ride Past $700K on StartEngine!

9 months ago

Veer Community,

We’re inches away from reaching our next milestone, and we need your help crossing the finish line!

We are only $52,000 away from reaching our next goal of $700K from investors on StartEngine.

Our planet is facing a transportation revolution as younger generations move away from cars as their primary mode of transportation, and embrace alternative solutions such as electric vehicles and bicycles.

Veer’s belt drivetrains are poised to be at the forefront of providing a better solution to dated, greasy chain drives as these transportation methods are evolving.

For those of you who have already invested, we want to take this opportunity to thank you for believing in our vision.

We encourage you to share our raise page with your family and friends, reinvest, and help us crush our future milestones at a quicker pace!

Thanks to you, our mission is coming to fruition.

If you haven’t already, head over to our raise page and join our community of early shareholders today!

We’re excited to keep you updated on what exciting stuff is in store for Veer in 2022.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

New Product Alert!

9 months ago

To our Veer community,


We’ve got some exciting news for you!


We will be releasing a new product: 28 Tooth 9-spline rear cog for standard freehubs. Specifically, it is compatible with freehubs that use Shimano’s Hyperglide mounting pattern (most freehubs).


We currently offer a 30 tooth version of this cog but have heard your feedback of wanting a smaller size. We wanted to offer a smaller size so that single speed riders that don't have a lot of hills had the option of a slightly larger gear ratio! 


The smaller size is also ideal for road and urban riders that want to cruise quickly. This new cog has guides on one side as an added security blanket for those who like to push their limits. 

Made of case hardened Cromoly, this cog is robust, heavy duty, and will last you through thousands of miles while you crush those goals. 


This revolutionary product was built with you in mind:


  • Nickel-plated for exceptional abrasion resistance.

  • CNC machined for high precision. 

  • Slotted teeth designed to shed mud and debris readily.


Beautifully machined, this is jewelry for your bike. This product is currently available for purchase on our Single Speed product page for consumers and is another product offering for our OEM customers! 


Be on the lookout for future product releases as we continue to expand our catalog and offer options for all kinds of riders! 


We are approaching the final days of our equity crowdfunding campaign on StartEngine, and we need your support!


Help us finish our raise off strong. Head over to our raise page and join our community of early investors today.  



Warmly,

Sean Hacking

New OEM Partnership With NOKO Bike! 🚲

10 months ago


Veer Community,


We’re excited to fill you in on our new OEM partnership with NOKO!


NOKO is a Sicily based company that creates high-quality, beautiful, and light e-bikes that are all made in Italy.


The founder is Luca Coffa, an entrepreneur operating globally in the automotive field already. He is currently the CEO of Trafime, a large manufacturer of automotive parts based out of Italy.


His idea was created to build a beautiful, light Italian e-bike that marries clean Italian design with world class racing components.


Racing components for everyday use deliver measurably better performance results to the rider. 


NOKO e-bikes require less exertion, offer greater safety, deliver longer usage between charges, and present a modern, clean aesthetic, setting NOKO apart from its competitors.


The Veer team is looking forward to a strong partnership with NOKO, and keeping you updated on what’s to come in the near future.


There’s still time to invest in Veer on StartEngine!


Head over to our raise page and join our community of 650+ early shareholders today!


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Veer’s Market Opportunity: Invest on StartEngine! 🙌

10 months ago


Veer Community,


I wanted to talk a little bit more about the market opportunity and what markets we’re actually addressing.


One of the markets we’re filling is bicycles and e-bikes, which is an $80 billion market per year. Just to give you an idea of the scale of that market, there are 150 million bicycles shipped annually, which is about the same amount of passenger vehicles that are shipped.


In our opinion, no one in that segment should be using dated chain drives. Chain drives can be great for gas and pedal powered bikes, but we believe that they are not capable of meeting the needs of the e-bike consumer.


Veer is addressing this space with our Split Belt™️ drivetrain and we fully intend to be the brand that people look for and want in their bicycles and e-bikes. We are currently building to accomplish this.


At the moment there are around 5-10 million e-bikes sold every year, and this is projected to grow to 17 million by 2030. In the Veer team's opinion, none of these should be using chain drives for their drivetrain systems.


That’s just one example of the overall market we’re trying to capture. We’re calling this market light electric vehicles, which includes:


  • Electric Bikes

  • Electric Motorcycles

  • Electric Mopeds 

  • ATVs

  • Off-Road Vehicles


That as a whole is a $180 billion market per year, and we believe our products can deliver significant value to the 300 million vehicles being produced every year.


As a lot of vehicles are transitioning towards electric, you see that a lot of the components that were designed for gasoline or pedal power just don't stand up to the electric torque.


When we’re talking about Veer’s market opportunity, we’re addressing these 300 million vehicles that need new components that are specifically designed to handle the power of electric vehicles.


These components need to be smarter, electronically monitoring themselves and the state of the hardware.


This market opportunity is massive, and we’re building products that are revolutionizing the electric vehicle market. We’re developing products that offer end users, designers, and distributors world-class support to bring to the next generation of vehicles.


Veer’s Split Belt™️ is more durable, lower cost to operate, and a more seamless experience overall.


Now that you know more about our investment opportunity, we hope you will join our mission and become a backer on StartEngine


Join our community of over 650 early shareholders today.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Notice of Material Change in Offering

10 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the VEER offering. Here's an excerpt describing the specifics of the change:


Issuer is extending campaign


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Veer Surpasses $600K on StartEngine! 🎉

10 months ago


Veer Community, 


I just wanted to give you guys a quick update on our equity crowdfunding raise:


We’ve reached $600K in investments on StartEngine!


This is a huge milestone for us during our journey, as we are well over half way to our goal of $1.07M!


We couldn’t have done this without the support of our community, and want to take a moment for your continued trust in our vision.


It takes a village to disrupt an industry, and we are bringing in investors from all around the world who believe in our mission.


We encourage you to reinvest and help us reach our goal sooner!


If you have any questions surrounding Veer or this investment opportunity, visit our raise page or website for more information!


Keep riding.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Q4 Updates Webinar With CEO, Sean Hacking! ⌛️

10 months ago


Veer Community,


Interested in learning about what the Veer team has been up to the past few months?


Then you don’t want to miss this event!


Join me for a LIVE investor webinar where I will be discussing everything you need to know about our Q4 updates and goals for 2022.


This is the final day to sign up, so act fast!


Register today, and join me on Tuesday, December 14th, 2021 at 10:00AM PST.


I’m looking forward to connecting with you all virtually, and shedding some light on all the incredible things we’ve been accomplishing recently.


Head over to our raise page and take advantage of this investment opportunity, before it’s too late.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Notice of Funds Disbursement

10 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Join Us For Our Q4 Updates Webinar! 🙌

10 months ago


Veer Community,


I have some exciting news to share with you! 


Due to popular demand, we will be hosting another LIVE investor webinar for our community. 


During this discussion we will be going over our Quarter 4 updates, as well as our plans and goals for 2022!


There is no charge to attend this event, and you don’t want to miss it.


Investors and potential investors must register in advance to reserve their virtual seat for this exclusive event!


Register today, and join us on Tuesday, December 14th, 2021 at 10:00AM PST.


The Veer team is looking forward to seeing you there!


If you haven’t already done so, we encourage you to join our team of 650+ early shareholders today.




Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Split Belts™️ Are Out For Delivery! 📦

10 months ago


Veer Community, 


We have some exciting news for you! 


We’re currently sending out some orders to our brand partners out in Europe, and we wanted to share some photos with you.



This was one of multiple orders going out to a European brand partner, otherwise known as an OEM (Original Equipment Manufacturer), we brought on as a partner this year. They have put in multiple orders this year and have already given us their forecast and orders for next year.



This is a shipment composed of hundreds of units of our Split Belt Pro drivetrain and tensioner. Luckily, our components nest together very compactly so our shipments don't take very much room and we are able to save on shipping costs.


This is a great behind the scenes look at our operations to showcase that we are able to deliver on large orders, closing deals, and making moves. We are working day in and day out to make sure we stay on track! 


At the moment, this is a tough environment to deliver hardware because of all of the supply chain constraints many industries are experiencing, but we were able to put in a lot of work and pull some strings to make sure we deliver to our partners on time.


For the business, this means large growth is happening as we take on large orders and scale our production. We are moving more securely into OEM sales being our primary sales channel. 


This is our chosen growth path and the fastest way to scale the business and make an impact. 


We can’t do this alone, and we need the support of our investor community!


Visit our raise and join our team of 640+ early shareholders today.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Veer’s Mission to Create a Sustainable Future!

11 months ago


Veer Community,


Today I want to talk a little more about Veer’s mission and vision.


While filling the market is important, we think one of the key things that’s really crucial for us is that we want to create value that doesn’t just go into profits for us and our investors, but also goes into helping solve the world’s problems and creating a more sustainable future.


By focusing on delivering an extraordinary product, it allows us to be more deliberate about the decisions we make along the way.


There are two things that are very important to our mission. One is allowing people to just get around in an affordable, safe, and convenient way. The other is the ability to do so in a way that’s healthy, sustainable, and creates a better impact on the planet.


We want to make the world a better place, and by enabling people to get around in a fun, adventurous way we can shift the collective mindset towards a new way of getting around. A more sustainable way of getting around.


We are looking at the problem and developing a product that is enabling the next billion people to adopt electric transportation. 


At the end of the day, the products people sell need to be delightful to use or adoption will never happen.


We want our consumers to know that our product is enabling our partners to do what Tesla did for electric cars: electric cars that are more efficient, more fun, cleaner, and lower cost to operate than anything that came before it. 


At Veer, we’re trying to do that through better components for the light electric segment. We believe we can assist in bringing the next billion people to transition, and it will have a huge impact on the way people live, make the air cleaner, and overall support better health for humans.


The faster we can get our product out there, the quicker it will become adopted and we can help with the transition away from gas powered vehicles and unlock all these positive benefits for society.


If you believe in our vision, we would love your support!


Join our community of over 640 early investors on StartEngine today.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

We’ve Been Featured! 🗣

11 months ago

Veer Community, 


We have some exciting news, and we’re stoked to tell you about it!


Veer has been featured in Benzinga’s recent article ‘This Updated Take on the Bike Chain Wants to Make the Multibillion-Dollar Light e-Vehicle Market More Efficient and Affordable’.


Some key points covered in the article:

  • State of the light EV market

  • Barriers of entry for consumers

  • How Veer is solving these problems


Here’s a little preview for you:


“As cities work fast to add new cycle lanes and lower speed limits to accommodate the growing number of light EVs on urban streets, the global market for these more eco-friendly, efficient modes of transportation is poised to reach $644 billion by 2028, according to market analysts….  “A broken chain almost killed me riding into an intersection, causing me to crash in the middle of traffic. I never want someone to experience that. This is one of the reasons why I invented Split Belt” says Sean Hacking, founder and CEO of Veer.”


People are interested in Veer and this article details how our Split Belt™️ is going to make electric vehicle adoption more efficient and affordable!


Our equity crowdfunding campaign is far from over, and we need your help crossing the finish line!


Please consider reinvesting, and help us reach our goal.


Thank you for your continued support!


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Notice of Funds Disbursement

11 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Top 5 Reasons to Invest in Veer! 🚲

11 months ago


We are solving the problem of bicycles and electric vehicles of all types by replacing outdated chain drives with our proprietary, lightweight, carbon fiber drivetrains.


Here are some of the reasons to invest in Veer’s mission today:


✔️ We are tapping into a multi-billion dollar industry.

✔️ Veer has various partnerships internationally.

✔️ We’ve experienced exponential growth.

✔️ We aim to improve healthy living and sustainability.

✔️ Our strong and experienced leadership team.


For more information, we encourage you to check out our recent investor article where we take a deeper dive into these topics!


I'm really excited for you to be part of this community and movement, and help us drive this industry forward.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Distributor Spotlight: Rasant GmbH.

11 months ago


Veer Community, 👋


The European market is the fastest adopter of belt drives. Our Switzerland and Liechtenstein distributor Rasant GmbH helps us reach more of that market as a partner that truly understands their customers! 


Split Belt is well suited for the winter cyclists of Switzerland and the larger adoption of e-bikes in general in Europe.


We met Geri, the owner of Rasant, at a Eurobike trade show in 2018 and he was

immediately intrigued by our technology! We eventually became

partners in 2021 after we expanded our product offerings and an extensive testing period by him personally.


We are excited to continue working with them and building our presence in the Swiss market!


Rasant GmbH's dealer network currently has 800 stores that allow us to be readily available and widespread in the area. 


This business is built on enthusiasm for everything bike related/mountain

biking! You can visit their website here.



Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Q3 Update Webinar with Founder Sean Hacking! 🎙

11 months ago


Veer Community, 👋


We’ve been receiving a lot of questions in regards to updates from our third quarter.


I’m excited to announce that I recently had the chance to take a deeper dive and provide some insight to what’s been happening with Veer in a recent webinar!


If you didn’t make it to our discussion, don’t worry! You can still watch our webinar recap video or read our recent investor article, where we highlight important topics that were discussed.


If there is still anything left unanswered, we encourage you to head over to our website, or reach out to our team and we will get back to you as soon as possible.


We look forward to keeping you updated on our future milestones during the next quarter.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Spotlighting our Distributor, Cosmic Sports! 🚲

11 months ago


Veer Community, 👋


Cosmic Sports has been around since 1997, and is a Germany based importer and distributor of premium bike brands.


Cosmic is deeply rooted in the bike scene and their leading influence in the European dealer market is unrivaled.


Their wide range of offerings include some big-name, market-leading brands of quality that you may have heard of:


  • Chris King

  • Crank Brothers

  • White Industries 

  • E*thirteen


The partnership behind Cosmic Sports and Veer comes from CEO of Cosmic, Gerhard Shwarz, and COO of Veer, Kelly Burr, who have been friends and done business together for decades.


With Cosmic’s distribution expertise in Europe, and our innovative Split Belt™️ drive system, teaming up together was a no brainer.


Our dynamic partnership is geared for global success, and we’ve put ourselves in an amazing position to capitalize on rapidly expanding opportunities in Europe, the strongest belt drive market in the world. 


We look forward to doing business with them for years to come, thank you Cosmic Sports!


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Veer Attends the 2021 Sea Otter Classic! 🚲

11 months ago


Veer Community, 👋


The Veer team and I recently had the chance to attend the biggest cycling event in North America, the Sea Otter Classic.


This tradeshow show took place in Monterey, CA, and even held dozens of races that some of the Veer team has participated in!


We were able to put our Split Belt™️ to the test in one of the downhill mountain bike races in one of our first Sea Otter attendances. Since then, our team has been able to attend for work as well as leisure.


The turnout this year was smaller than past shows, but we were still able to network with a ton of brands and bring on one of our first electric motorcycle partners!


It was interesting being able to walk around and see what’s changed in the industry.


Due to the recent supply chain restraints there was less innovation than you usually see, but there are still a lot of awesome products to be on the lookout for.


This was a great opportunity for the Veer team to spend some quality time and see what’s been going on in the cycling world.


We look forward to attending next year!


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

4 Reasons Why Our Belt Drive is Changing The Game

12 months ago


Veer Community, 👋


We’re on a mission to rejuvenate the cycling industry by redefining what’s possible with bike technology.


The Split Belt™ combines quality components with revolutionary technology to create new alternatives for urban transportation. Here are some of the groundbreaking features that help us execute it:


Ease of Mind - Our carbon fiber belts are ultra durable and can last at least 2X as long, and often 5X or more than your average chain.


Upgrade Almost Any Bike - Experience belt drive benefits on the bike you already own and love without the hassle of needing to split your frame!


Limitless Sizes - Belts can now be cut to any custom length, meaning no design constraints for manufacturers.


No Mess or Maintenance - With a belt drive there’s no need for chain lube, so you can say goodbye to greasy or wrinkled pant legs on your way to work.


For more updates and information on what sets us apart from the rest, check out our most recent blog


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Notice of Funds Disbursement

12 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

One Day Left to Register For Veer's Q3 Updates Webinar! 📅

12 months ago


Veer Community, 👋


I have some exciting news! 


You’re invited to our investor webinar that will be held tomorrow, Tuesday, October 19th 2021 at 12pm PST!


There is only one day left to sign up!


Get your virtual front row seat to our exclusive hour long webinar, where we will discuss our Q3 traction and milestones!


Register here, and join us as we discuss our successes. There will be a live Q&A session at the end, so bring your burning questions and they will be answered! 


We look forward to seeing you there.


If you haven’t already done so, we encourage you to reinvest and help us continue to crush our goals ahead of schedule.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

We’ve Raised Half a Million Dollars!

12 months ago


To our Veer community,


I’m eager to share that we're closer to achieving our vision! 


I’m thrilled to announce our campaign on StartEngine has exceeded Half A Million Dollars in funding from #investors! 


To our investors, a standing ovation!  This achievement is only one of many to come along the way.


Thank you to those who have joined the journey with us, your support made all the difference in making this a possible reality.


Want in on the action? Join the momentum on StartEngine for just $298 for your chance to own shares in Veer’s industry leading technology.


Warmly,

Sean Hacking

Veer’s Q3 Updates Webinar! 🙌

12 months ago


Veer Community, 👋


I am hosting an EXCLUSIVE one hour long webinar where Veer’s investors will have the opportunity to learn about our Q3 2021 traction and milestones.


There’s 5 days left to sign up!


Register here, and join us on Tuesday, October 19th 2021 at 12pm PST!


There will be a live question and answer session at the end of the webinar, so don’t forget to bring your burning questions!


We look forward to seeing you at the event.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Veer has been featured! 👀

12 months ago


Veer Community, 👋


I am excited to announce that we’ve been featured on two different publications, TheWaterCoolest and The Average Joe! They focus on business and market news with a hint of unfiltered commentary. 


Our team at Veer was thrilled to hear this news, as receiving this kind of coverage is great for our community and spreads the word about our investment opportunity.


Be on the lookout for more articles in the future as we continue to create brand awareness and take Veer to the next level.


We look forward to future achievements and milestones with you on our team of investors! 


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Spotlighting our Incredible Leadership Team! 👏

about 1 year ago

A great business idea is nothing without the right team to execute it.


I believe the Veer team has an extraordinary and extremely capable group of visionaries that is bringing our mission to fruition. . 


I wanted to take a moment to highlight our diverse experience and skill sets that are driving Veer to be an innovative and disruptive startup in the micro-mobility industry.


We’ve reached huge traction to date, and I look forward to crushing more milestones in the future with the team. 💪


For full team bios and experiences, read our blog and check out the team section of our raise page!


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Veer Attends the Micromobility America Conference! 🌎

about 1 year ago


Veer Community, 👋


We recently had the opportunity to attend the Microbility America Conference!


This conference was put on to bring together the best minds in the industry to facilitate collaboration in the micro-mobility world.


We had the chance to watch Andrew Yang present about how technology and innovation is going to be a leading factor in solving problems that are facing cities and transportation systems.


He also explained what a crucial role the government can play in speeding up this process.


The Secretary of California State Transportation talked about planning for this new infrastructure, and how micro-mobility can help solve a lot of these issues that Yang was explaining, such as helping solve congestion and traffic issues!


We even had the chance to speak with people who have invested in us, as well as a few ride sharing companies that are interested in belt drives!


We’re grateful for this chance to talk about some of these important issues at hand, and look forward to keeping you updated with future announcements.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Veer has Reached 500+ Investors on StartEngine! 🎉

about 1 year ago


Veer Community, 👋


We’re beyond excited to announce that we’ve reached another huge milestone in our crowdfunding campaign:


We’ve surpassed 500 investors! 🎉


Every new milestone is a new lesson, and we continue to reinvent ourselves along the way.


We thank you for your continued loyalty and support - without it we would not be where we are today.


Our campaign is far from over! We look forward to keeping you updated on future achievements and milestones along the way.


Keep riding to greater heights with us!


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Eurobike Tradeshow 2021 - New Bike Forms

about 1 year ago



Veer Community, 👋


The European bike industry is experiencing a renaissance as more and more people turn to bicycles and electric vehicles for transportation. 


I recently had the opportunity to attend the 2021 Eurobike Tradeshow, and I found several reasons why people are interested in making the transition from cars to these new bike forms:


  • Safety

  • Green transportation

  • No insurance

  • Environmentally conscious

  • No traffic


So how can we replace cars with alternative forms of transportation in these cities?


By helping adoption of electric bikes become more popular and accessible in European cities where bike infrastructure is already in place. 


There are plenty of new bike forms on the rise, and we’re looking to pair these new form factors with our Split Belt™, since it’s a low-maintenance, long-lasting solution that pairs well with electric motors. 


Whether you’re making a delivery or simply taking your kids to school, it is my goal to provide an accessible, simplified process for those everyday tasks.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

Why We Are Extending The Raise

about 1 year ago

Dear Partners, 


We've decided to extend our campaign and are on track to reach our goal in under 1 month! 


As you've probably noticed, we rely on digital advertising for this raise in order to get the word out. We had great momentum at the beginning until Apple made changes to their iOS settings that really caused issues for the entire digital advertising industry. We took some time to adjust to that and change our approach. Now we're bumping up our marketing and things are running smoothly again! 


Our goal of $1M isn't arbitrary. It's what we’ve identified as what we need in order to build out sales, marketing, production improvements, and release new products in order to gain the larger partnerships. The faster we hit these milestones the faster we grow and provide returns back to you! 


We are excited to keep the raise going and watch ourselves grow and move the needle forward for micro-mobility! 


Warmly, 

Sean

#chainlessispainless 🚲

 

Notice of Material Change in Offering

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the VEER offering. Here's an excerpt describing the specifics of the change:


Issuer is extending campaign


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Why is Split Belt Unique? And An Upcoming Innovation Teaser

about 1 year ago

Dear Partners, 

 

One of the questions we get asked the most is "How is Split Belt different from other belt drives?". 

 

We get into these differences on our campaign page but I wanted to explain some of the technical aspects in my own words in this video. So….. Welcome to my Tech Talk? 

 

Here are some bullet points of why Split Belt is unique:

  • Fits on existing frames without modifying them
  • Any length of belt for complete design freedom
  • Uses strongest carbon available

 

I also answer these important questions below. This is a little teaser of the type of questions you can expect me to answer in the upcoming Investor Q&A Webinar next Tuesday, September 21st. 


  • What makes Split Belt different?
  • Why does the technology mattter?
  • What does that allow the industry to use and move things forward with bike and vehicle design?

 

And something I'm personally very excited about, I give a teaser about our upcoming innovation that would help us expand into the LEV world and push the technology forward… you'll have to watch the video to hear details of what we are working on.😊 


Warmly,

Sean Hacking

#chainlessispainless 🚲

 

P.S. Please excuse my tired face, it was 1AM😅 



Join Veer's Exclusive Investor Q&A Webinar on Tuesday, September 21st!

about 1 year ago


I wanted to reach out to personally invite you to an exclusive investor webinar Veer is hosting next Tuesday, September 21st at 10 AM PST / 1 PM EST. 


In the webinar, I will be answering questions about Veer, our Split Belt™ technology, and our crowdfunding campaign on StartEngine as a whole!


As a token of our gratitude, we want our one hour conversation to be an opportunity for your investment questions to be answered, and to learn more about how we plan to revolutionize the bike and LEV markets. 


 Save the date, and sign up here! You don’t want to miss this one.


Warmly,

Sean Hacking

CEO

Veer

#chainlessispainless 🚲

A Farewell to Eurobike 🖖

about 1 year ago

Dear Partners,

Kelly and I are both happy and a little sad to be leaving the Eurobike 2021 Global Show, the largest gathering of bikes and bike nerd professionals on the planet. We got six new OEM bike brands on board who want to set up samples of Split Belt on their bikes! That's plus the five brands we've partnered with in the last couple months, and twenty more that are still in evaluation.

The next step is usually pilot orders for a test run, then full series production.

Another highlight was meeting with existing partners, and all the wheel hub and e-bike motor brands that we are integrating with, making sure Split Belt integrates seamlessly with other components on the market. 

It's been inspiring to see how many products and ideas made it to the show, even if it was much smaller than in the past (due to pandemic). This will be the last show at this airport-turned-convention center, and we’re excited to be at the next one in Frankfurt, Germany in June 2022.

Here is our mugshot, glad and relieved Germany let us through the border.

Thank you for your support and your investment, it means a lot to have people believing in this as much as we do. 

All the best,

Sean Hacking

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Why We're at the Eurobike Show During a Pandemic

about 1 year ago

Dear Partners,

Two days ago, our COO Kelly Burr and I made the long journey to Southern Germany to visit the largest cycling trade show in the world: Eurobike (where we won an award for top startup a couple years ago).

Why, in this era of Covid and Zoom, would we make such a trek?

Even after recently closing four OEM deals without holding a single meeting in person, I can tell you that Face to Face is not dead, and I'm OK with that. (Covid tests, vaccinations, and masking are required to visit).

We are meeting some of these large customers for the first time here! We are also meeting parts vendors, collaborative partners, and new potential customers. Pitching product managers on the spot, and already have a bunch of new requests to test samples.

Since it was formed, the Eurobike show has always been a place to feel the pulse of the European market. You can wander the massive halls of an old airport and bump into people, products, and ideas you would never see online. Chance encounters and introductions are common. Plus, Europe is not too bad to visit!

And that's why these events are still a key component of our customer acquisition and business development strategy. Digital can be amazing, but it's still not immersive. You can't drink beer from the same tap while getting sunburned by the same Sun together. And oddly enough, that shared sunburn matters a whole lot.

Keep an eye out for more video stories we're sharing from the show! It's fun to see the latest in bikes and all kinds of crazy mobility solutions.


Best,

Sean Hacking


Just Hit 400k Raised! 🌋 With Follow-on Investments

about 1 year ago

Dear Partners,


I'm amazed to report that over four hundred forty of you have showed your belief in our mission by making an investment. This has brought us to an occasion worth celebrating: $400k raised, and still growing! 


I'm also amazed to see how many of you are investing again to up your ownership, sometimes even with three investments! This is one way you can continue to help make this crazy dream reality. The more shares you own, the larger potential returns, and every dollar goes to accelerating our push to build new partnerships and develop the next generation of electric drive solutions.

(If you haven’t upped your investment yet, it's super simple using your existing account and credit card).


A second way you can help is to invite friends to invest alongside you (I know a lot of you have also done this, cool)!


Finally, you can help by sharing bike brands you'd love to us partner with by leaving a comment on the campaign page! It's the best way to keep in touch, and for us to get feedback about what you see for VEER in the future.


Hope you're having a great Summer,

Sean Hacking

Founder & CEO

New Bike Brand Partnership!

about 1 year ago

Dear Partners,

I'm quite excited to give you an early peek into our latest OEM deal! 

(With a very unusual origin.)


March 2020, and the first COVID shutdown orders are crippling economies in the US and Europe. French entrepreneur and strategist Emmanuel Nizard hatches a wild plan.


The supply of medical masks is backed up everywhere, and almost entirely dependent on Chinese production that has also ground to a halt from lockdowns. France has 100 million masks stockpiled, only enough for 1.5 masks per citizen, and practically no domestic production.


Even if the French Government wants to issue a mask mandate, there are simply not enough available in the world for this to be practical.


By March 31st the death toll in France tops 3,000, and President Macron issues a plea for domestic manufacturers to re-tool for protective equipment, with a goal of boosting production from 3.3 million to 40 million masks/week.


Luckily, Nizard already has this wild plan in motion. In just two months, he starts the company Le Masque Francias, hires 150 people, and tools up a factory in Vélizy that can now produce over 400,000 masks every day. 


Obviously, demand for masks swings wildly depending on the current state of infections, making the future of this assembly line uncertain. But building self-sufficiency in critical industries while reinvigorating domestic manufacturing is a French ideal Le Masque Francias intends to uphold. 


And now, Mr. Nizard is betting he to do the same for local transportation as he has for protective equipment. How? With a new E-bike, of course.


Global supply chains are still out of whack, and the bike industry is no different. So Le Masque hunted us down because they know we do what it takes to deliver the highest quality drives about 5X faster than other major players. 


Veer will be the exclusive launch supplier for Le Masque's urban e-bike, and I'm excited to belt them up for this next wave of (much more positive) change. 


Why? There's a couple reasons:

I'm fired-up about supply chain and building in resiliency. Veer is currently "onshoring" more of our production in an effort to speed up manufacturing, lower environmental impact and risk of delays, and maintain fantastic quality. I'm not nationalistic, but I sure do love supporting American manufacturing and jobs while lowering the carbon footprint of our products. 


The leadership at Le Masque Francias are amazing at sourcing and at tooling up production very quickly, which is great to watch and work with, despite the aggressive timetables we are under.


I'm also fired up about all this new bike infrastructure I'm seeing everywhere, and apparently so is France. For example, Paris is currently removing 70% of street parking to install 1,400 km of bike paths. Infrastructure like protected bike lanes make the difference between Biking: a dangerous hobby and Biking: a safe, essential tool. 


Is it working? Looking like it: the number of Parisian cyclists is up over 70% from last spring, with 15% of all trips made by bike in the French capital. 


Biking around European cities happens to be one a of my favorite things to do, so this is dang cool. What else is cool is that soon, you'll be able spot a genu-wine Split Belt in the Wilds of France, making someone's commute safer and more joyful.


Don't Panic,

Sean Hacking

Founder & CEO



Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Four New OEMs in 6 Weeks 🏗️

about 1 year ago

Dear Partners,

You rock. 

Investments on Start Engine have helped us begin implementing Part Deux of our plan of Domination: becoming a trusted supplier to manufacturers like bike brands and assembly factories. We've validated our products selling direct to consumers and distributing aftermarket, but selling in high volume requires Split Belt be sold on new bikes and light vehicles.

Our market timing is good. In six weeks we forged deals with four different brands, are working on deals with four more, and have strong interest from about ten beyond that. 

This is the demand we were looking for, but has caused an unexpected challenge: to fill these orders, we are buying up the entire world's supply of certain materials for the belts. I wish I were joking, but the global supply chain is a mess right now and that's starting to catch up with us.

So far, it's looking like we'll be ok for on-time delivery. But if demand keeps up like this, we will have to bump up our plans to vertically integrate our belt supply, utilizing new designs. This could be tough to pull off quickly, but will be very cool as well.

Excited for growth! And for solving the challenges that come with it. We will announce details of these partnerships when our the brands we are working with are ready to start marketing the latest models.

Be well,

Sean Hacking

Founder & CEO





Patent Party-More Split Belt Features are Patent Pending

over 1 year ago

Dear Partners,

Some armchair engineers have commented that Split Belt looks similar to some other belt drives, so it must be a simple step to add the V-Link Belt Splice.

Is this true? I wish this were true. The reason we produce the only Split Belt isn't because nobody has thought of a detachable belt, but because it's really, really hard to do right.

We had to develop our own innovations over years of development in order to exceed ISO test standards with a durable compact system that could be mass-produced.

In fact, based on our testing Split Belt is the world's strongest belt and belt link (on a per-width basis in this size class).

We just filed application 68218399 with the US Patent and Trademark Office to protect additional innovations in Split Belt, including in specifics of the V-link splice shape, position of the pins, and the ability to build up different sizes of belt from shorter "modules" in a multiple-split belt configuration.

Intellectual property is an important part of our strategy to dominate in drive systems for bikes and vehicles, see we're excited to expand our IP portfolio and make it that much harder for copycats to cause trouble!

That said, this is not yet a patent "grant", a finalization that can take four to five years on average to reach. In the mean time, we can tell any would-be infringers that they risk legal trouble if they continue producing counterfeits.

Here's a little preview of one of the figures in the filing...(EXCITING)


I hope you are enjoying Independence Day Celebrations! If that's your thing.

Humbly yours,

Sean Hacking

Founder & CEO






Notice of Funds Disbursement

over 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Why the World Needs Dads 🧔

over 1 year ago

Dear VEERed Humans,

A lot of you reading this are probably fathers. We got a nice chance to recognize being a dad as one of the most important jobs in the world on Sunday. Thank you for doing the fun things, and the not fun things. For being there during the good times and the not-so-good times. 


It's also a good time to remember not everyone gets a dad, and a lot of dads aren't around for long enough.  In fact, about 20% of kids in the US live with their mother only. (That's a lot of badass moms, but not a heartening statistic, is it?)


It's looking like the world needs all the dads it can get. 


We all need some help, care, and guidance, but there are lot of forms that can take. A lot of roles to be filled, and it's tough for one type of person to fill them all. Untenable to have nobody there to fill them. You can't expect to make it very far with only one tool in your toolbox, and having no tools at all is complete nonsense! (OK that's a weird metaphor, but I do also love tools).


There's no single definition to the role of Father--it's somewhat different in every family and culture. It doesn't need to be a biological or even classically male role. But what we Can say is that in each family, the role of a father is different from that of a mother, or uncle, or friend. Overlapping, but distinct. It takes a dad to fully fill a dad's shoes. 


So Dads: the world needs you.


By now, I've lived longer without mine than with him, but what he passed to me before he passed on couldn't have come from anywhere else. Curiosity, gratitude, patience, mellow certainty, risk-taking, calm authority, outdoorsmanship, a keen eye, to name a few. 


Also: passions for bikes, tools, and craftsmanship. My siblings and I were in backpacks and on bike-shaped-objects before we could walk (also thanks to Mom). 


(Here's a 'Hacking Classic' of my older sister riding along with Dad on a fine day of bike birdwatching.)


Fathers pass down passions that just keep on giving, straight on through our lives. I may not be a dad, but I hope to spread the Joy of Cycling far and wide anyway. 


On Our Way to $400K!? 🤯

over 1 year ago

To this awesome Community:

I'm amazed to share that a couple days ago we blew past the $300k raised mark, and are racing towards are next milestone @ 400.

It's a great time to get in and join us on this crazy journey because at this level of funding, we can really start to make the investments in growing the company we identified for the funding campaign.

That includes hiring an OEM sales manager to more effectively sell to bike and vehicle brands.

Not to mention building all the infrastructure that makes closing these large business deals more efficient. Product launches, engineering support, documentation, production and pricing improvements, and new tooling all take resources to refine. We are hard at work doing just that. 

Shout out to our Business Manger Katrina and our Mechanical Engineer Theron for helping crush through this massive to-do list so we can make all this happen!

We're currently working with 13 OE Manufacturers (and growing) who have given us orders or an intent to buy Split Belt for use on new bikes. I teased a deal earlier that will be a game-changer for us, but that is sadly delayed on our partner's end, so I'll wait to announce.

I should have been in touch more often about our progress, and I'm sorry about that! It has been crazy around here. I'd like to keep you all looped in more often going forward because there are a lot of exciting things to share (that always seem to take a little longer than I hope for). Our current investors are now a part of it.

For those of you who are following us and waiting to get in: help us make this happen and come be part of it, too. It'll be interesting no matter what. 

Sincerely,

Sean Hacking, CEO


Notice of Funds Disbursement

over 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

We Love Shiny Things. Do you? ✨

over 1 year ago

We're home brew, self-taught machinists. I built my first CNC mill from a pile of parts in college, and of course the first functional part I (attempted) to machine was a chainring. She wasn't pretty, but you gotta love your own kids, right?

Turns out that circuit-level knowledge of computer motion control would come in handy when I went to work in Biotech, building liquid handling robots that could crank out DNA from scratch.

It still comes in handy making first parts fast at our machine shop here on the San Francisco Bay. Most companies will wait weeks to months for someone else to produce functional metal prototype parts. We try to be faster than that, sometimes (rarely) achieving same-hour parts hot off the mill.

We've come a long way in our machining education, but it's still so satisfying watching a form we spent hours agonizing over on the computer emerge from a solid block of metal, slowly being released from the prison of a boring cubic shape.

Here we are about halfway though machining out the largest and most complex part on our shifting belt sprocket. When complete, we will have removed 90% of the original material from eight different directions (its hexagonal). 

Can't wait to show you the result! (It lives! It rides! It shifts beautifully, mostly)

Ride fast, live slow. Or something like that.

-Mr. Sean

Notice of Funds Disbursement

over 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, VEER has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VEER be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Oh Look, That's Us! 😄👌

over 1 year ago

Check out our little feature in Bicycle Retailer! Metrics on the raise mentioned are little outdated... now @ $230,000... Damn!

https://www.bicycleretailer.com/industry-news/2021/03/29/belt-drive-brand-veer-launches-equity-crowdfunding-campaign#.YIjk-ehKiUk

Should E-bikes Be Regulated Like ATVs? 😲🏍️

over 1 year ago

There's been some confusion on the classification and regulation of electric bike usage on public lands. Are they just bikes? Should they be treated like dirt bikes and ATV's, since they do indeed have a motor?

Things just got clarified, and it's good news for bike riders and the cycling industry. The Department of the Interior released final rules for electric bicycle use on public lands, and they opted to give local land managers authority to treat E-bikes the same as pure leg muscle bikes.

This update applies to areas under the Bureau of Land Management, National Park Service, Fish and Wildlife Service and Bureau of Reclamation.

What does this mean? In short: better access. In areas facing E-bike restrictions due to old unclear rules, there will now be more options to open trails, more places to ride, and more reasons for people to buy new bikes.

It also means a lot more people riding dirty trails that could really use a maintenance-free VEER belt 😉.

Check out more details here:
https://electricbikeaction.com/e-bikes-no-longer-defined-as-motor-vehicles/

Also, please consider joining or supporting People for Bikes (mentioned in the article). They've done a lot of great work over the years to expand access and accessibility of these lovely rolling machines.
https://www.peopleforbikes.org/

Sneak peek: The "Hill Crusher" 💪⛰️⚒️

over 1 year ago

Fresh from the oven, our new "bailout" cog gives about 50% easier gearing than our standard speeds. (It hasn't launched yet. Shhhh!).

With a design inspired by acacia trees on the African savannah, and CNC machined from a brick of ultra-hard aluminum, this sprocket is optimized to get you up and over the toughest hills, roots, and logs, especially in off-road and swampy conditions. 

Developed for back country ebikes so powerful they aren't even street legal, you bet she's a bit porky (in all the right places)! 

A welcomed addition to our lineup that can also serve mountain bikers and trekking or urban riders who want even better hill climbing and the ultimate reliability. 

Launch partner coming soon! Who do you think it should be?



VEER Crosses $200K Raised! 🎉

over 1 year ago

Well, about $220K now.. So great to see the community coming together like this to help move cycling and electric transportation forward! If you're on the fence, now is a great time to get in and keep moving this vision forward.

Keep an eye out this week for some sweet news regarding OEM partnerships and upcoming products! We're putting in the long hours to get these to a point we can give an early peek to investors. I haven't had the time to post as many updates as we wanted, but there is a lot going on this week to share.

Your partner in business,

  Mr. Sean

Final Prototyping on a Game-Changer

over 1 year ago

Hi! Mr Sean here. 

We crossed the $150k milestone and 170 investors yesterday! It's so amazing to see all this support. Thank you.

The early bird bonus deal is expiring soon, but it's not too late to get in on this much better deal. Check it out before there are no more bonuses!

As we move along in this raise, I wanted to start sharing more about our future products and roadmap. Although a lot of it seems abstracted in the video, I'd like to reassure you we are actually getting close to several exciting product launches, some of which will happen during this funding round.

I know this photo is a bit of a tease, but we want it to be a proper launch so I can't spill all the beans yet! But here I hold in my hand a pre-production prototype part of our shifting belt system. 

Its pretty. Its shiny. It's elegant in it's simplicity, and we've been working our butts off for the past year to get it in the hands of riders like you (it's close).

I can't wait to share more! But for now, feel free to dream about how we can revolutionize the future of electric transportation...together.

Best wishes and health to you all,

Sean



Wow, what a start!

over 1 year ago


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