GeoOrbital

GeoOrbital, Inc.
Privately held company
Industry Electric bicycles
Founded 2014
Founder Michael Burtov
Number of locations
Cambridge, MA
Products Electric wheel system[1]
Website www.geoo.com
GeoOrbital wheel

GeoOrbital is an electric wheel system fitted to existing bicycles by the American company GeoOrbital, Inc.[2] It launched its successful crowdfunding campaign in 2016.[3][4][5][6] A GeoOrbital powered bike was featured during TechCrunch Disrupt NY 2016 at Brooklyn, NY in May 2016.[2][7] In May 2017 it launched a Crowdfunding Reg CF campaign on the site StartEngine [8]

History

GeoOrbital was founded by Michael Burtov in 2014.[9] Burtov conceived the concept while watching a film called Tron, thinking that a lot of space was wasted between the wheels - leading him to create an electric wheel system.[10] He designed a wheel that can take the place of the existing wheel on nearly any bike, with two size options at launch.[11][12] The motor and battery were able to produce a top speed of 20mph and battery lasts for 12 miles, extendable to 30 miles with pedaling.[13][14] In 2016, the company debuted on Kickstarter,[15] reaching its fundraising goal of 75,000 within 78 minutes.[2] With the fundraising campaign, the company drew the attention of media and was covered in TechCrunch, Irish Times,[16] Huffington Post,[17] The Verge,[18] Gadgette[19] and others.[20]

The company also successfully raised a funding around of $150,000 from a group of independent angel investors.[2]

The successful kickstarter campaign in May and June 2016 generated $1,261,222 in pledges pre purchasing around 1600 wheels. [14]

References

  1. Jonathan Sawyer (12 May 2016). "The GeoOrbital Wheel Makes Almost Any Bike Electric in 60 Seconds". Highsnobiety. Retrieved 18 May 2016.
  2. 1 2 3 4 Sarah Perez (11 May 2016). "GeoOrbital's wheel turns almost any bike into an electric bike". Techcrunch. Retrieved 18 May 2016.
  3. Dick Ahlstrom (16 May 2016). "GeoOrbital: Inventing the wheel of fortune". Irish Times. Retrieved 18 May 2016.
  4. Matthew Barnes (15 May 2016). "Now You Can Make Your Bike Electric With The GeoOrbital Wheel". TechMalak. Retrieved 18 May 2016.
  5. Philip E. Ross (26 April 2016). "The GeoOrbital Wheel Lets You Make Your Bike Electric in Minutes". IEEE Spectrum. Retrieved 18 May 2016.
  6. Dorien Vervoort (3 May 2016). "Maak je oude fiets elektrisch met GeoOrbital". ZDNet. Retrieved 18 May 2016.
  7. "ふつうの自転車を簡単に電動アシストにするGeoOrbital". Techcrunch. Retrieved 18 May 2016.
  8. "GeoOrbital". StartEngine. Retrieved 2017-05-25.
  9. "GeoOrbital". Crunchbase. Retrieved 18 May 2016.
  10. "Reinventing the electric bike: GeoOrbital goes 'Tron' with new wheel". GeekWire. 2 May 2016. Retrieved 18 May 2016.
  11. Prateek Jose (5 May 2016). "The Wheel That Turns Every Bike Into an eBike". SnapMunk. Retrieved 18 May 2016.
  12. Tom Spendlove (13 May 2016). "GeoOrbital Wheel Converts Your Bike to an Electric Cycle". Engineering.com. Retrieved 18 May 2016.
  13. Sai Abhijat (18 May 2016). "GeoOrbital wheel makes your bicycle an e-Bike in under 60 seconds!". Gizmo Times. Retrieved 18 May 2016.
  14. Philip E. Ross (10 May 2016). "Effortless Biking With the GeoOrbital E-Wheel". IEEE Spectrum. Retrieved 18 May 2016.
  15. "GeoOrbital Wheel Make your bike electric in 60 seconds". Kickstarter. Retrieved 18 May 2016.
  16. "GeoOrbital showcase their eBike wheel". Irish Times. 13 May 2016. Retrieved 18 May 2016.
  17. Thomas Tamblyn (12 May 2016). "GeoOrbital Gives Any Bicycle An Electric Motor In 60 Seconds". Huffington Post. Retrieved 18 May 2016.
  18. Sean O'Kane (2 May 2016). "This motorized wheel adds electric power to your bike". The Verge. Retrieved 18 May 2016.
  19. Emma Boyle. "This bolt-on wheel will give your bike an electric boost". Gadgette. Retrieved 18 May 2016.
  20. Jennifer Allen (10 May 2016). "Kickstarter Weekly: Turn Your Bicycle Electric with GeoOrbital Wheel and More". Paste Magazine. Retrieved 18 May 2016.
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