The current investment market has driven our valuation to a two-year low, making this an exceptional chance for investors like you. Despite this, Boaz Bikes has been making remarkable strides in the thriving micromobility sector, breaking our record for YoY revenue growth.

With a successful track record in multiple markets and 8 permits already secured, we believe our growth trajectory is impressive. We've generated close to $2 million in revenue to date, a testament to our strong market position. Safety remains paramount as we've achieved over 250,000 accident-free rides, reflecting our unwavering commitment to rider well-being.

Boaz Bikes is bolstered by $100,000 from HS Equity VC in this current round, affirming our potential at a $15 million valuation. Our detailed expansion plan aims for over $20 million in revenue in 2024, putting us on the path to hyper growth and success or acquisition. Those future projections aren't guaranteed.

Pioneering innovation has been our hallmark, and our contributions are now adopted by companies worldwide. As a first mover in the shared scooter space, we've learned from the mistakes of bigger players, making our program sustainable and resilient.

Don't miss out on this exciting journey to redefine micromobility while creating a positive impact on communities and the environment. Invest now and ride with us towards a greener, more accessible future.

The Story

Back in 2018, driven by a passion for safety, we embarked on a journey to revolutionize the scooter industry. We were pioneers in introducing battery swap technology, a game-changer that has since been adopted by major players—five years later! Additionally, we boldly introduced sit-down scooters to the shared market, now inspiring a wave of imitators.

While our competitors focused on expanding rapidly and capturing market share, fueled by hefty funding, our own resource constraints led us down a different path—one that forced us to create a sustainable business model, operating with utmost efficiency. We invested our energy in perfecting our operations and developing cutting-edge technology, empowering our team members to excel in running our markets.

Our story is not just about surviving; it's about thriving against the odds, delivering results while staying true to our principles. We've demonstrated resilience, foresight, and a relentless commitment to building the best. Now, as we set our sights on scaling our operations, we invite you to join us on this thrilling journey. Together, let's redefine the future of micro mobility.

WHAT WE'VE DONE SO FAR

Note: future revenue projections aren't guaranteed.

WHAT WE ARE DOING NOW

WHAT WE PLAN TO DO NEXT

Note: the above contains future projections which aren't guaranteed.

We believe Boaz Bikes holds a distinct advantage. With a strong cash flow and a clear path to net profitability in 2023, we believe our company stands in a league of its own. Unlike many others, we are not reliant on venture capital funding to fuel our growth. Instead, we prioritize organic expansion, harnessing the power of our cash flow until the timing is just right. Rest assured, we are charting a sustainable course towards success.

The scooter game is changing, which is why we’ve designed a vehicle unlike almost anything you’ve ever seen before. Safety is our #1 priority and a Boaz Bike has features you can’t find anywhere else.

The world is changing and we’re more than up for the challenge. Boaz Bikes has put many new practices in place to ensure the health of our staff and our riders.

Boaz Bikes is revolutionary in the micro-mobility space and we want to take you along for the ride. Are you ready to grow with us? You can invest today with as little as $100.

We are aiming to build a unicorn for crowdfunded community so time is precious. Of course, nothing is guaranteed. If you have questions, please send us an email at [email protected].

Our Plan to $20M+ in 2024

Note: The above contains future projections which cannot be guaranteed.

At Boaz, we have studied data from various markets over the past five years to help us project our monthly revenue based on the number of vehicles we have deployed. On average, each active vehicle brings in approximately $350 in revenue per month.

To find the right balance between the number of bikes deployed and our market potential, we use a crucial metric called the "Bike Deployed to Market Potential ratio." Let's take an example to illustrate this better. For instance, in Tempe, AZ, we have determined that the ideal number of bikes that the market can comfortably support is around 400.

However, it's essential to strike a balance. If we were to increase the number of vehicles beyond this ideal threshold, it could lead to a decrease in rides per vehicle, since there would be more competition for rides. As a result, this would lower the monthly revenue per vehicle.

By carefully analyzing historical data and market dynamics, we can optimize the deployment of bikes, ensuring we achieve a sustainable and profitable revenue target of $350 per vehicle each month. This data-driven approach allows us to make informed decisions that benefit both our company and our investors.