Civilized Cycles
E-bikes for people who drive
Overview
Raised: $122,345
Total Commitments ($USD)
Wefunder
05/10/2023
04/29/2024
$100
SAFE
Pre-Seed
RegCF
$12,500,000
0%
Rolling Commitments ($USD)
Active
06/09/2023
325
245%
35%
$4,078
2013
Transportation, Automotive, Aviation, & Aerospace
Cleantech
B2C
High
High
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$74,335 |
$33,044 |
|
COGS |
$27,835 |
$12,374 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-252,721 |
$-226,670 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$339,544 |
$43,199 |
|
Accounts Receivable |
$17,246 |
$60,631 |
|
Total Assets |
$531,268 |
$129,417 |
|
Short-Term Debt |
$135,799 |
$66,250 |
|
Long-Term Debt |
$2,130,000 |
$1,800,000 |
|
Total Liabilities |
$2,265,799 |
$1,866,250 |
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Founder Profile
Civilized Cycles Founder Marc Liu on Making E-Bikes for Car People
E-bikes are an increasingly popular form of transport -- especially among people who live in urban areas. And they can be a great choice for more eco-conscious travelers. But they’re not the best option for people who prefer the comfort and passenger/cargo capacity of a car.Civilized Cycles aims to change that with its unique e-bike. The company’s e-bike comes with expandable cargo panniers and automated suspension for a smooth ride. We sat down with Civilized Cycles founder Marc Liu to learn more about how the company is bringing e-bikes to a new level.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.