Company Profile (AI Text)
Name: CLIP 
Canonical URL: https://wefunder.com/clip
Updated at: 2026-06-12T05:00:43Z

Tagline: World's 1st Plug & Play e-bike upgrade device ⚡️🚲
Elevator pitch: Our tech let's anyone upgrade their regular bike into a e-bike. Without the use of any tools. Use CLIP to bike easily to work, take it off to recharge on your desk for the trip back home. ⚡️

Key claims:
- Total raised on Wefunder: 125038 | citation: https://wefunder.com/clip#claim-total-raised
- Total investors: 113 | citation: https://wefunder.com/clip#claim-total-investors

Verified facts:
- Total raised on Wefunder: 125038 | observed_at: 2026-06-12T05:00:43Z | expires_at: 2026-06-13T05:00:43Z
- Total investors: 113 | observed_at: 2026-06-12T05:00:43Z | expires_at: 2026-06-13T05:00:43Z

Computed metrics:
- total_amount_raised: 125038
- total_investors: 113
- team_size: 5
- featured_investor_count: 1
- faq_count: 5
- recent_post_count: 0

Quick facts:
- 🏅 Som (CEO) recognized as Top Innovator by MIT Technology Review | citation: https://wefunder.com/clip#claim-fact-1
- 🚀 1000+ units pre-sold with Zero marketing (D2C) plus a PO to upgrade legacy bike-share fleet (B2B) | citation: https://wefunder.com/clip#claim-fact-2
- 🎓 Tech born out of MIT Media Lab | citation: https://wefunder.com/clip#claim-fact-3
- TIME Magazine's "Best Inventions of the year" + Micromobility Europe's 2023 "Startup of the Year" | citation: https://wefunder.com/clip#claim-fact-4
- 🛠 $2Mn from Seed1 round invested in R&D, manufacturing and securing patents in 45 countries | citation: https://wefunder.com/clip#claim-fact-5
- 🌎 Current Seed2 Open to be invested in scaling production, mkt expansion & V2.0 R&D | citation: https://wefunder.com/clip#claim-fact-6
- 📈 Disrupting the e-Bike mkt that's expected to grow from $49.7Bn in 2022 to $80Bn in 2027 | citation: https://wefunder.com/clip#claim-fact-7
- 💪 Core team & advisors includes experts from McKinsey, Amazon, Jabil, Nissan, and Motorola. | citation: https://wefunder.com/clip#claim-fact-8

FAQ:
- Q: does it fit around a fat tire bike? rephrased: what it the maximum
  A: Hi Susan, Thanks for your question. The maximum tire width allowance for CLIP is up to 2 inches. This includes the tire width of a shared-bike for example.
- Q: How long does it take to charge it and how far can you expect it to go on a charge?
  A: Hi Les, it takes 60 to 80 minutes to fully charge. The range is 5 to 6 miles if you continuously use the boost. The battery will regenerate charge when not actively being boosted, which is likely to happen at some point on each ride, as you may not need the boost all the time (eg when riding on flat surfaces, downhills, etc.).
- Q: THIS IS A GAME CHANGER ! I have the same question as Somnath Ray, how long to charge and the milage range of the battery.
  A: Hi Anthony, Thank you! I will copy here the answer to Les. It takes 60 to 80 minutes to fully charge. The range is 5 to 6 miles if you continuously use the boost. The battery will regenerate charge when not actively being boosted, which is likely to happen at some point on each ride, as you may not need the boost all the time (eg when riding on flat surfaces, downhills, etc.).
- Q: So this investment is for no equity, only the opportunity to obtain stock options at a later time. Is that correct?
  A: Hi Rami, Not Stock options but equity conversion on the next priced round. This investment via a SAFE (Simple Agreement for Future Equity) https://fundersclub.com/learn/safe-primer/safe-primer/safe/
- Q: Really interesting idea! I have a few questions. Thanks in advance for your responses! 1) What is Clip's current cash balance and runway? The financials only provide up until August 2022. 2) I love seeing the exciting growth plans for this spring. But, will this $250k RegCF ra...
  A: Hi Dan, Thanks for the kind words and the great questions. Happy to jump on a zoom call and go over all the points in detail. My email is som@clip.bike. Looking forward to speaking with you.