# Beno, Inc.

Pioneering the next generation of electric bicycles

## Elevator pitch
We make desirable urban-mobility electric vehicles with innovative features.

- Canonical URL: https://wefunder.com/beno
- Entity ID: wefunder:company:72849
- Last updated: 2026-06-13T05:00:30Z
- Generated at: 2026-06-14T02:54:35Z

## Quick facts
- One-of-a-kind product: the world's first hubless e-bike with 10 patents pending
- $6M+ in orders, another $7M+ committed by distributors for 2022
- $40B market, growing to $118B in 2030 (10.5% CAGR)
- Featured in Yahoo, Uncrate, Designboom, Gizmodo, and many, many more

## Active fundraises
- wefunder:fundraise:39179: 4(a)(6) successful (USD)
- wefunder:fundraise:39180: 4(a)(6) successful (USD)

## Story
We are building desirable electric mobility solutions by combining beautiful aesthetics with innovative technology- starting with Reevo, the world’s first hubless e-bike with over $6M in orders to date."If just 15% of urban transportation miles were travelled by e-bikes - we could cut carbon emissions by 12%." -bicycling.com Most e-bikes today look and feel the same, with little to differentiate their appearance from traditional bicycles. We believe that the bikes of the future have to look like the bikes of the future.Theft is also a major concern. The most common solution today is the good old bicycle chain and lock - but these are often bulky, heavy, require a “chainable” parking spot, and are often easy to tamper with.E-bikes today are also lacking in many essential features that we take for granted in cars and motorcycles. For example, users are often required to purchase 3rd party accessories to enable basic functions - leading to a fragmented and inconvenient user experience.It’s time for the next generation of e-bikes.The e-bike market is one of tremendous opportunity and growth. E-bikes are emerging as an appealing transportation mode as they offer the convenience of a bicycle, paired with a sweat-free commute.With bikes already outselling cars two-to-one, global trends are further pushing the adoption of e-bikes as a clean, alternative mode of transportation. The future of mobility is clearly electric.Closer to home, the "E-BIKE" Act was introduced in the U.S. Senate in July 2021. The legislation aims to get more people out of cars, and onto e-bikes by offering tax credits worth up to 30% off.Institutional investors know this, and are betting big on e-bikes.We built Reevo – the world’s first hubless e-bike. Beautifully designed and elegantly crafted, urban mobility has never looked this good. It features our signature anti-theft system and integrated assistive features to make your next ride a truly futuristic one.Reevo offers a one-of-a-kind, premium design with new innovative features - all at an affordable price point. We’re setting ourselves apart from the competition by pioneering novel technologies and generating valuable IPs with 10 patents pending.Pure engineering excellence, secured with world-class triple-barrier security and built around a strong, lightweight core with a sleek stealth black finish. Hubless wheelsNo spokes, no transparent centre, no gimmicks – our patent pending hubless wheel design is the first of its kind in the world.Each wheel is meticulously impact tested in our lab and triple-sealed from the elements for superb long-term reliability.Adaptive pedal assistReevo’s electronic adaptive pedal assist system detects road gradient and pedaling parameters to provide algorithmically tailored assistance.Rated for up to 37 miles (60 km) assisted range.Hubless e-drivePower is transmitted efficiently from the electric motor to provide unmatched power when neededWorks with pure electric, hybrid, and manual pedaling modes.Triple-barrier securityBiometric access.Secure theft prevention - an advanced wheel locking mechanism renders Reevo immobile and nullifies tampering devices.Theft detection with GPS tracking - actively scans for motion and alerts your phone if a theft attempt is in progress.Integrated safety featuresAutomatic night detection.Integrated signal, brake lights, and LED headlamps.Exceptional ride qualityResponds quickly to input.Strong, lightweight core.Crafted with high quality materials.The proof is in the demand: we’ve raised over $6M on Indiegogo within 10 months, and exceeded our funding goal by 200% in just 15 minutes.Our core revenue streams are bike and accessory sales - with a healthy 45% product margin. We have already invested heavily into tooling and molds, which means that our margin will improve as this cost is amortized into future orders as we grow.Oh, and we also did a collaboration with THE luxury brand, Balenciaga.Our goal is to grow - fast. With delivery starting soon, our attention will be focused on growth and expansion. We have been working to scale up our production facility to produce over 3,000 bikes per month.We are also building a strong network of regional distributors to scale quickly and effectively with over $7M+ in orders committed for Q1 / Q2 2022. So far, we have secured partnerships in Southeast Europe, France, Poland, The Netherlands, Belgium, Portugal, Luxembourg, Hawaii, French Overseas Territories, and South Korea - with more to be announced soon.Experienced product designer and avid cyclist. Co-creator of the world’s first hubless bike.Previous R&D leadership experience in Fortune 500 companies.B. Eng. in Mechanical Engineering.Leading expert in ASIC, PCBA and FPGA design with over 20 years of experience in engineering-related fields.Co-founder of KERR Srl, an Italian R&D company with a strong focus on ASIC, electronic and custom software development.Previous leadership and R&D experience in the semiconductor industry.Published multiple papers and patents in the IoT field.Ph.D. and B.Eng. in Electrical Engineering.Seasoned entrepreneur with multiple startup exits under his belt. Founder of Travel Health Group Holding, the market leader in continental Europe in travel and health care.Impact investor and advocate for the Rockefeller Habits/Scaling Up method.Lead investor in Beno’s previous funding round.Over 15 years experience in the bicycle and automotive industry.Co-creator of the world’s first 3D printed e-bike.Founder of Ebike Future Conference - the world’s first global e-bike business online conference, and the Ebike Repair Business Mastery program.We’re crafting the most innovative, technologically advanced, secure and unique e-bikes in the world. We’ve patented our technology, filed our trademarks, and proven demand with over $6M in orders within a year, but we need you along for the ride to make our larger vision a reality.We have a big dream, and a bigger plan to grow our company to an IPO and beyond.Over the next two years, we’ll launch new product ranges, solidify existing plans with worldwide brick-and-mortar distributors, and address additional e-bike market segments. Besides that, we also plan on adding recurring revenue through the launch of a battery subscription service for our range of electric vehicles. We will also expand our R&D team to venture into the rapidly growing electric motorcycle / moped market by leveraging our patented core technologies.Over the next two years, we’ll launch new product ranges, solidify existing plans with worldwide brick-and-mortar distributors, and address additional e-bike market segments. Besides that, we also plan on adding recurring revenue through the launch of a battery subscription service for our range of electric vehicles. We will also expand our R&D team to venture into the rapidly growing electric motorcycle / moped market by leveraging our patented core technologies.This is your chance to get in on the ground floor with our first ever funding round. Join us, invest in your future, and watch your investment grow as we do!

## FAQ
1. **Hi, I want to know what is the maintenance plan for this bike. Looks very good, but what happens when a tier brakes? are they standards would I buy a replacement wheel in normal shop? When any of the electric systems have issues (the starter button for example or lights break)...**
   - Hello Leonardo, great question! High wear parts such as the tires and pedals can be replaced by standard off-the-shelf parts. Most owners will be able to perform basic service by themselves like any other bike. At the same time, we do recognize that Reevo is special and may be intimidating for the average person to maintain. We are addressing this by partnering with regional distributors to build a strong after-sales service network in key markets. We do sell mudguards as an optional accessor...
2. **Will there be an option for riders who want higher handlebars? Not everybody likes to lean forward.**
   - Hi Robert, thank you for your question. Adjustable handlebars was not possible as it negatively impacted the look and feel of the bike. However, the bike does come with adjustable seating which could be used to find a comfortable riding position.
3. **Hi what would happen to the batteries if they die out are they recyclable? Congratulation on your incredible progress.**
   - Hi Branden, thank you for the kind wishes! We use lithium ion batteries to power the bike. These batteries can be recycled, but it depends on the owner's willingness to take the effort to do so. We recognize that this is a problem, and perhaps an opportunity for the nascent EV market. On our side, we also have plans to address this in the future by offering an easy way for riders to swap their batteries through a subscription service - which led to our design choice of an easily accessible ba...
4. **Ciao, ho finanziato una bicicletta reevo (ID1357) lo scorso anno su indiegogo, ora sarei interessato a questa campagna, ma non conoscendo per niente questo tipo di cose, volevo capire, se investo 5000$ cosa sono queste voci "Everything in $1,000 tier + $150 in store credit whe...**
   - Ciao Roberto, grazie per aver acquistato una bici Reevo e per il tuo sostegno a questa campagna! I vantaggi sono cumulativi, il che significa che se investi $ 1.000 riceverai anche tutto nel livello di $ 500. I primi $ 200.000 prenotati nella nostra campagna Wefunder riceveranno condizioni di investimento preferenziali (limite di valutazione inferiore del 10%). (tradotto con Google Traduttore)
5. **Quick question. Could you go in more depth into your business model? I'm looking to better understand who your customers are, and if there's optionality in potential customers for the future.**
   - Hi Vrat, great question. Our short to medium term business model is similar to other e-bike companies - develop a great product, expand the market and distribution channels, ensure great after-sales service; repeat. Our goal here is to build a strong customer base and penetrate key markets. In the medium to long term, we have plans to build value added services on top of that business to expand revenue streams and build recurring income. One such example of this is a battery subscription and ...

## Team
- Andrea Stona (Lead Engineer)
- Arnoud Aalbersberg (Advisory Board Member)
- Stefan Ceman (Advisory Board Member)

## Q&A
- Q: Will there be an option for riders who want higher handlebars? Not everybody likes to lean forward.
  - A: Hi Robert, thank you for your question. Adjustable handlebars was not possible as it negatively impacted the look and feel of the bike. However, the bike does come with adjustable seating which could be used to find a comfortable riding position.
- Q: Has Beno failed? I see website is down and bike site appears to have stopped selling or delivering bikes?
- Q: can we have an update on this company>?
- Q: What does a Reevo go for, has pricing been established yet?
  - A: Hi Filipe. Yes, the bike is currently open for pre-orders on Indiegogo. You can check out our pricing and orders by visiting https://igg.me/at/reevobikes/
- Q: Quick question. Could you go in more depth into your business model? I'm looking to better understand who your customers are, and if there's optionality in potential customers for the future.
  - A: Hi Vrat, great question. Our short to medium term business model is similar to other e-bike companies - develop a great product, expand the market and distribution channels, ensure great after-sales service; repeat. Our goal here is to build a strong customer base and penetrate key markets. In the medium to long term, we have plans to build value added services on top of that business to expand revenue streams and build recurring income. One such example of this is a battery subscription and service program to ease ownership. In the longer term, we plan to expand into parallel emerging markets that can leverage our key technologies such as the electric motorcycle and scooter market. Our overall vision and goal is to drive innovation in the electric two-wheeler market to facilitate the future of micro mobility.
- Q: Beno Technologies the parent company of Reevo Bike is in bankruptcy.. This is ridiculous I found this out by some friends in Malaysia and Indonesia ...As shareholders of Beno Inc, the leadership of Beno were obligated to report to the shareholders... I am disappointed, frustrated and embarrassed because many of my friends and family invested too...
- Q: is this company still there? no updates?
- Q: Still no update !
- Q: Folks , i have real concerns on the investment i have made on BENO. Customers are frustrated, their INDIEGOGO page is plagued with complaints and disappointed customers and they are not taking action. What's next for people like us that believed in this company ?
- Q: Great product idea, but it looks like the equity crowd funding was a scam. No updates. No communication. Just take the money and run.
- Q: Sorry I am new to Wefunder. May I know how much is per share? What type of share you are currently offer? Thanks.
  - A: Thank you for your interest in Beno. We are currently offering shares via SAFE at a $39M valuation cap with a minimum investment of $250. The number of shares that you own will be converted based on our next funding round. For example, if you invest $1,000 in this round, and Beno is valued at $100M at the next round, your investment will now be worth $2564 (2.56x).
- Q: Hi what would happen to the batteries if they die out are they recyclable? Congratulation on your incredible progress.
  - A: Hi Branden, thank you for the kind wishes! We use lithium ion batteries to power the bike. These batteries can be recycled, but it depends on the owner's willingness to take the effort to do so. We recognize that this is a problem, and perhaps an opportunity for the nascent EV market. On our side, we also have plans to address this in the future by offering an easy way for riders to swap their batteries through a subscription service - which led to our design choice of an easily accessible battery compartment for the bike.
- Q: Hi, I want to know what is the maintenance plan for this bike. Looks very good, but what happens when a tier brakes? are they standards would I buy a replacement wheel in normal shop? When any of the electric systems have issues (the starter button for example or lights break), what would the customer need to do? You sell around the world, would you service postsale via distributors? I noticed that there is no rain guard, am I missing it from the design? Fianlly from the design I could understand what is the locking system. If you should respond to the above topics it would be much appreciated
  - A: Hello Leonardo, great question! High wear parts such as the tires and pedals can be replaced by standard off-the-shelf parts. Most owners will be able to perform basic service by themselves like any other bike. At the same time, we do recognize that Reevo is special and may be intimidating for the average person to maintain. We are addressing this by partnering with regional distributors to build a strong after-sales service network in key markets. We do sell mudguards as an optional accessory. The locking system is an electronic solution that is integrated into the bike's frame and kickstand. For more information about the bike and our partners, you can refer to our Indiegogo page at https://igg.me/at/reevobikes/.
- Q: If any distribution of profit sharing or income or Payback of some sort to shareholders??? How will the Payback of the loan be made to international non-accredited shareholders as income to our bank accounts or wallets?? As shareholders at least communicate with us on a bi-annually or quarterly basis or wharver is regulated by the SEC. I believe accountability, transparency and responsibility should be held to the standards of any company.
- Q: What is the current status for the company and the investors?