Company Profile (AI Text)
Name: Boaz Bikes
Canonical URL: https://wefunder.com/boaz.bike
Updated at: 2026-06-16T05:02:25Z

Tagline: Revolutionizing Urban Mobility with Safe, Sustainable Transportation.
Elevator pitch: Electric scooter sharing company focused on safety. We cut operational expenses by 80% compared to competitors. We've significantly cut down time and cost with our ability to swap out dead batteries in less than one minute, compared to transporting scooters to secondary charging location. We inspect and monitor vehicles throughout the day, providing the highest quality shared vehicle on the market with our state of the art scooter design. Above all else, safety is our focus and differentiator.

Key claims:
- Total raised on Wefunder: 1276210 | citation: https://wefunder.com/boaz.bike#claim-total-raised
- Total investors: 3834 | citation: https://wefunder.com/boaz.bike#claim-total-investors

Verified facts:
- Total raised on Wefunder: 1276210 | observed_at: 2026-06-16T05:02:25Z | expires_at: 2026-06-17T05:02:25Z
- Total investors: 3834 | observed_at: 2026-06-16T05:02:25Z | expires_at: 2026-06-17T05:02:25Z

Computed metrics:
- total_amount_raised: 1276210
- total_investors: 3834
- team_size: 4
- featured_investor_count: 3
- faq_count: 5
- recent_post_count: 10

Quick facts:
- Shark Tank Success: Pitched on Shark Tank 2024-25 season, spotlighting Boaz Bikes’ innovation. | citation: https://wefunder.com/boaz.bike#claim-fact-1
- Proven Traction: Over 500,000 rides, 70,000 users, and $2M revenue with zero reported accidents. | citation: https://wefunder.com/boaz.bike#claim-fact-2
- Pioneering Safety: Patent-pending 3-wheel seated scooter, prioritizing safety and inclusivity. | citation: https://wefunder.com/boaz.bike#claim-fact-3
- Scaling Fast: Launched on-demand scooter delivery in 2024; competing for $400K in 2025 grants. | citation: https://wefunder.com/boaz.bike#claim-fact-4
- Environmental Impact: Saved over 1M lbs of CO₂ emissions, driving equity and sustainability. | citation: https://wefunder.com/boaz.bike#claim-fact-5
- VC Backed: Secured $100K from HS Equity VC fund at the same $15M valuation as the current Crowdfund. | citation: https://wefunder.com/boaz.bike#claim-fact-6

FAQ:
- Q: Does this mean that you plan to be on the stock exchange on August 13th? Could I monitor this through Ameritrade or something?
  A: No. On Aug 13th it means it'll be open for the public to invest and be visible for anyone to find without having a secure link like you had. The same SEC is over the crowdfund but it will not be added to the exchange. You are investing with a convertible note at a $10 Million valuation cap (if you get in early) after that it'll be at a $15 Million valuation. We expect either of them to bring back GREAT returns within the next 8-12 months. Hope this helps
- Q: Do the perks only apply with the first investment? Or will they be applied at each investment tier?
  A: Each investment tier
- Q: Interesting. There are competitors. I like the idea of sitting. Many people ride scooters but probably owned by the individual. You mentioned you have no IP or waiting for funds to pay for them. Low on cash. Your valuation is high with only $39k in revenue. How can you justify...
  A: Great question James. The financials posted are 2019 financials out of our pilot market. If you check out the bulletin points you'll see in July 2020 alone we've done $32,000 in gross revenue. We are also on track to finish Aug with about ~50K in gross rev. this is also with a minimum fleet on the road we have an additional 300 vehicles expected to hit the streets in late Sept or early Oct with or without the investment from Wefunder. Our monthly revenue per bike is expected to be around ~$1,...
- Q: One more question. You state you have $50k in debt. Is it a promissory note when is it due? Are you going to use the funds from Wefunder to pay off the debt?
  A: Debt is from an early investor which will be paid out of monthly revenue only when we feel the company can afford it. No rush to pay debt off. Everyone wants to see the company grow to that unicorn status!! #HopeToSeeYouThere
- Q: Hello, I am definitely interested in what you are building but was just wondering, are you planning to expand to other major markets in California or New York?
  A: Great question! we are planning to expand aggressively in early 2021 3-5 cities per month. NY starts accepting proposals in Oct this year and we plan to apply for a permit. Our goal is 20+ cities over the next 10 months. #LetsGo

Recent posts:
- 🚨 Today is the LAST DAY to invest in Boaz Bikes! 🚨 (2024-04-29T22:01:50Z) https://wefunder.com/feed/173113
- Boaz Is Soaring! 🚀🚀🚀 (2024-04-10T11:35:39Z) https://wefunder.com/feed/172346
- 🚀 Big News, Boaz Supporters! 🚀 (2024-03-28T00:40:02Z) https://wefunder.com/feed/171992
- 🎉 Exciting News Alert! 🎉 (2024-03-14T20:49:37Z) https://wefunder.com/feed/171526
- Join Us in Reaching the $250K Milestone and Fueling Boaz Bikes' Exciting Future! (2024-01-18T15:21:43Z) https://wefunder.com/feed/170051
- New Semester at Tarleton State University! (2024-01-12T16:39:01Z) https://wefunder.com/feed/169950
- 🚀 Exciting News Alert! 🌟 (2024-01-03T15:57:46Z) https://wefunder.com/feed/169772
- Funding Scenarios (2023-12-07T14:48:53Z) https://wefunder.com/feed/169129
- 🚀 Exciting News 🚀 (2023-09-16T12:17:19Z) https://wefunder.com/feed/167175
- 🚀 Exciting News! Our Crowdfunding Round is Reopened!🚀 (2023-09-05T18:22:29Z) https://wefunder.com/feed/166907