{"data":{"type":"company_profile","id":108984,"entity_id":"wefunder:company:108984","attributes":{"canonical_url":"https://wefunder.com/clip","generated_at":"2026-06-12T20:02:49Z","updated_at":"2026-06-12T05:00:43Z","entity_ids":{"company":"wefunder:company:108984","slug":"wefunder:company_slug:clip"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-12T20:02:49Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-12T05:00:43Z","as_of":"2026-06-12T20:02:49Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-12T05:00:43Z","as_of":"2026-06-12T20:02:49Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-12T20:02:49Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-12T20:02:49Z","confidence":"medium"}}},"company":{"id":108984,"entity_id":"wefunder:company:108984","slug":"clip","name":"CLIP ","tagline":"World's 1st Plug \u0026 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. ⚡️","story":"The award winning\u0026nbsp;CLIP is the only bike-upgrade tech that is ready to go out-of-the-box and\u0026nbsp;needs no tools or modifications\u0026nbsp;for installation.\u0026nbsp; See for yourself\u0026nbsp;👇🏾1/8.\u0026nbsp;What is the\u0026nbsp;urgent problem CLIP is solving?\u0026nbsp;🙋🏾‍♂️\"If even half of these trips were made by bicycle, the world could save 300 million tonnes of CO2\u0026nbsp;per year, and $25 trillion in cumulative transport expenses by 2050. - ITDP\"If only everybody cycled as much as the Dutch, global carbon emissions would drop by nearly 700 million tonnes per year. exceeding the entire carbon footprint of most countries, including the UK, Canada, Saudi Arabia and Australia.\" - EuroNewsCLIP is solving for stemming the majority of\u0026nbsp;tailpipe emissions\u0026nbsp;from the typical 3 to 6 mile urban commutes by making it convenient to switch to bicycles from cars. 🚙 ➡ 🚲2/8. Why invest in this particular solution?\u0026nbsp;📈 source : NPDThe global future of mobility is green with e-bikes at the forefront of green mobility.And CLIP is democratizing access to e-bike tech.\u0026nbsp;🌎CLIP is designed to upgrade both old and new bikes and is far more affordable and convenient than any competitor.To facilitate quick\u0026nbsp;onboarding, CLIP uniquely focuses on two UX goals: Maximum Compatibility and Full Plug \u0026amp; Play.\u0026nbsp;You don't need tools to attach it and you don't need to modify your bike to make it work.CLIP arrives ready to ride right out of the box and ready for manufacturing at scale.3/8. This is a $50 billion opportunity.💰The question is no longer whether millions will move to e-bikes in the next 5 years. Rather, what will emerge as the most convenient \u0026amp; affordable way for those millions to access e-bikes?CLIP is well positioned to disrupt this e-bike market that's expected to nearly double over the next 5 years. 💥\"The e-Bike market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027\" - ReportLinker\u0026nbsp;- Vision Research Reports4/8. What the world has to say about CLIP\u0026nbsp;📣 5/8. First-time riders fall in love with CLIP\u0026nbsp;🥰\u0026nbsp;6/8. It works and our customers love their CLIP\u0026nbsp;❤️ With our first production batch\u0026nbsp;of CLIPs delivered to customers across 38 states in the U.S, our CLIP riders have collectively clocked over 8000 miles. 🇺🇸⚡️🚴🏽‍♂️Bikeshare loves CLIP.We are preparing a pilot with two bikeshare operations based in Buffalo, NY and NewHaven, CT. To upgrade their legacy fleet of all non-electric bikes with the CLIP V1.5 system, a bikeshare focused variant based on the core CLIP platform.Conclusion of a technical report prepared by the Rochester Institute of Technology (RIT) on behalf of the New York State Pollution Prevention Institute (NYSP2I) 7/8.\u0026nbsp;A lean \u0026amp; focused team 🙌🏾CLIP is a small and mighty team with some top design \u0026amp;\u0026nbsp;engineering talent in the world. Along with incredible investors\u0026nbsp;who support our mission.Designed in Brooklyn \u0026amp; Made in India 🌎 + 🌏Headquartered in Brooklyn NY, our manufacturing unit is located in Coimbatore, India and is part of the well established automotive mfg. ecosystem supplying parts to Mercedes-Benz, Nissan, Ford, Yamaha \u0026amp; Hyundai.8/8.\u0026nbsp;So what's next? 💫We’re raising this Seed 2 round to accelerate operations along the following tracks:Let's GO! 🚀","location":"New York, NY","website":"https://www.clip.bike/","total_amount_raised":125038,"total_investors":113,"is_funded":false,"is_active":false,"quality_score":3,"related_urls":["https://wefunder.com/clip","https://www.clip.bike/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/108984/xxl_cropped_WeFunder_Card_Main4.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/108984/large_blob","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/108984/standard_cropped_WeFunder_Card_Main4.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/108984/standard_cropped_WeFunder_Card_Main4.jpg"},"links":{"company_url":"https://www.clip.bike/","twitter_url":"https://x.com/clip_bike","instagram_url":"https://instagram.com/clip.bike/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"🏅 Som (CEO) recognized as Top Innovator by MIT Technology Review"},{"index":2,"claim_id":"claim-fact-2","value":"🚀 1000+ units pre-sold with Zero marketing (D2C) plus a PO to upgrade legacy bike-share fleet (B2B)"},{"index":3,"claim_id":"claim-fact-3","value":"🎓 Tech born out of MIT Media Lab"},{"index":4,"claim_id":"claim-fact-4","value":"TIME Magazine's \"Best Inventions of the year\" + Micromobility Europe's 2023 \"Startup of the Year\""},{"index":5,"claim_id":"claim-fact-5","value":"🛠 $2Mn from Seed1 round invested in R\u0026amp;D, manufacturing and securing patents in 45 countries"},{"index":6,"claim_id":"claim-fact-6","value":"🌎 Current Seed2 Open to be invested in scaling production, mkt expansion \u0026amp; V2.0 R\u0026amp;D"},{"index":7,"claim_id":"claim-fact-7","value":"📈 Disrupting the e-Bike mkt that's expected to grow from $49.7Bn in 2022 to $80Bn in 2027"},{"index":8,"claim_id":"claim-fact-8","value":"💪 Core team \u0026amp; advisors includes experts from McKinsey, Amazon, Jabil, Nissan, and Motorola."}],"team":[{"id":2659652,"entity_id":"wefunder:company_role:2659652","user_entity_id":"wefunder:user:2590318","role":"founder","name":"Somnath Ray","title":"CEO","bio":"MIT-trained design technologist, recognized by MIT Technology Review as a top innovator and a serial entrepreneur with more than two decades building consumer focused software and hardware products.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2659652/square_cropped_IMG_3207-2.jpg?1664456087","profile_url":"https://wefunder.com/somnathray","linkedin_url":"https://www.linkedin.com/in/somnath-ray/","twitter_url":"https://twitter.com/somnathray","related_urls":["https://wefunder.com/somnathray"]},{"id":2608870,"entity_id":"wefunder:company_role:2608870","user_entity_id":"wefunder:user:2729068","role":"founder","name":"Clement Alcala","title":"COO","bio":"Montpellier Business School trained MBA, Acumen fellow and innovation manager with more than a decade deploying sustainable tech across the world.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2608870/square_cropped_IMG_3199-2.jpg?1665521883","profile_url":"https://wefunder.com/clementalcala","linkedin_url":"https://www.linkedin.com/in/clementdealcala/","related_urls":["https://wefunder.com/clementalcala"]},{"id":3036085,"entity_id":"wefunder:company_role:3036085","role":"employee","name":"Eric D'A Correll","title":"Lead Mechanical Engineer","bio":"MIT trained engineer, Eric leads the complex engineering execution for CLIP that allows it to be compatible with all regular bikes.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3036085/square_cropped_Eric_DC-2.jpg?1665494360","related_urls":[]},{"id":3036090,"entity_id":"wefunder:company_role:3036090","role":"employee","name":"Andrew Tergis","title":"Lead Electrical Engineer","bio":"RPI trained electrical engineer, with expertise in full-stack and focus on mixed-signal microprocessors using a wide variety of sensors and RF communication protocols.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3036090/square_cropped_13267537_1689621761303434_975940896_n-2.jpg?1665494395","related_urls":[]},{"id":3036152,"entity_id":"wefunder:company_role:3036152","role":"employee","name":"AK Misra","title":"Supply Chain Director","bio":"Accomplished professional with a successful record of executing major turnarounds for large scale, technology driven, Global Supply Chain Operations in EMS and OEM industry. Former Amazon, Motorola and Jabil.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3036152/square_cropped_WhatsApp_Image_2022-09-10_at_4.00.26_PM.jpg?1665494416","related_urls":[]}],"featured_investors":[{"id":4950,"entity_id":"wefunder:company_investor_profile:4950","investor_profile_id":564404,"investor_profile_entity_id":"wefunder:investor_profile:564404","subject_entity_id":"wefunder:user:1020984","name":"Sandiip Bhammer","bio":"As a veteran investor, Sandiip has a combined 30 years experience in, both, “buy” and “sell’ side roles within the USA and Asia. Considered a “Super Angel” by his peers, Sandiip has been an early investor in many successful global “green” start-ups.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/1020984/medium_cropped_SandiipBhammer.jpg","profile_url":"https://wefunder.com/sandiipbhammer","investment_total":45000,"investment_info":"Invested $45,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/sandiipbhammer"]}],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":20,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":61492,"entity_id":"wefunder:fundraise:61492","state":"successful","offering_type":"506(b)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":250,"max_purchase":9,"funding_target":200000.0},{"id":133855,"entity_id":"wefunder:fundraise:133855","state":"open","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":50000.0},{"id":58343,"entity_id":"wefunder:fundraise:58343","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":250,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2022-08-26T21:44:46Z","funding_closed_at":"2023-10-27T04:01:43Z","auto_close_at":"2023-10-27T03:59:59Z"}],"latest_fundraise":{"id":61492,"entity_id":"wefunder:fundraise:61492","state":"successful","offering_type":"506(b)","structure":"ttw","testing_the_waters":true,"can_invest_now":false,"funding_started_at":null,"funding_closed_at":null,"terms":{"eb":null,"nb":null,"txt":null}},"recent_posts":[],"q_and_a":[{"id":231734,"entity_id":"wefunder:comment:231734","question":"THIS IS A GAME CHANGER ! I have the same question as Somnath Ray, how long to charge and the milage range of the battery.","author_name":"Anthony Pagano","votes":2,"created_at":"2023-01-20T01:51:15Z","canonical_url":"https://wefunder.com/clip#question-231734","answers":[{"id":231743,"entity_id":"wefunder:comment:231743","answer":"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.).","author_name":"Clement Alcala","votes":0,"created_at":"2023-01-20T02:47:28Z"}]},{"id":291214,"entity_id":"wefunder:comment:291214","question":"Hi there, I have seen Livall PikaBoost on Kickstarter: https://www.kickstarter.com/projects/566671869/livall-pikaboost. Is that your company or competition (are there different patents?) Kind regards, Mathis","author_name":"Mathis Heydtmann","votes":1,"created_at":"2024-08-29T14:56:22Z","canonical_url":"https://wefunder.com/clip#question-291214","answers":[{"id":291217,"entity_id":"wefunder:comment:291217","answer":"Hi Mathis - Rubbee or PikaBoost - similar products are not plug\u0026amp;play They require you to screw in an attachment to the seat post before you can use it. Also you cannot use them on shared bikes or commuter bikes with mud-guards or rear seat racks. We present them on the graph here on our Wefunder page https://ucarecdn.com/b998b70e-1b5f-4c23-a829-7cd40bc30a31/-/format/auto/-/quality/smart/-/preview/","author_name":"Somnath Ray","votes":0,"created_at":"2024-08-29T15:18:31Z"}]},{"id":280822,"entity_id":"wefunder:comment:280822","question":"Can you provide a short update to investors please? Thanks much.","author_name":"Timothy Stumpff","votes":1,"created_at":"2024-04-07T16:52:32Z","canonical_url":"https://wefunder.com/clip#question-280822","answers":[{"id":283668,"entity_id":"wefunder:comment:283668","answer":"HI Timothy - You should be receiving quarterly investor updates from us. Please email us if you're not receiving them for some reason.","author_name":"Somnath Ray","votes":0,"created_at":"2024-05-15T18:14:16Z"}]},{"id":267029,"entity_id":"wefunder:comment:267029","question":"Can we still invest via Wefunder? Its say reservation required but i cant seem to access?","author_name":"James Makumi","votes":1,"created_at":"2023-10-26T18:19:17Z","canonical_url":"https://wefunder.com/clip#question-267029","answers":[{"id":267030,"entity_id":"wefunder:comment:267030","answer":"Hi James, Thank yo so much for your message, unfortunately the round is now closed. Thank you again!","author_name":"Clement Alcala","votes":0,"created_at":"2023-10-26T18:23:36Z"}]},{"id":266615,"entity_id":"wefunder:comment:266615","question":"I can't find how to make a reservation for your investment. How do I do that?","author_name":"Paul Russo","votes":1,"created_at":"2023-10-23T22:36:50Z","canonical_url":"https://wefunder.com/clip#question-266615","answers":[{"id":267031,"entity_id":"wefunder:comment:267031","answer":"Hi Paul, Thank yo so much for your message, unfortunately the round is now closed. Thank you again!","author_name":"Clement Alcala","votes":0,"created_at":"2023-10-26T18:23:48Z"}]},{"id":262826,"entity_id":"wefunder:comment:262826","question":"NO UPDATES? WHERE ARE WE NOW?","author_name":"Alan David","votes":1,"created_at":"2023-09-19T18:50:50Z","canonical_url":"https://wefunder.com/clip#question-262826","answers":[{"id":267032,"entity_id":"wefunder:comment:267032","answer":"Hi Alan, Thank yo so much for your message, the round is now closed. Thank you again!","author_name":"Clement Alcala","votes":0,"created_at":"2023-10-26T18:24:05Z"}]},{"id":256929,"entity_id":"wefunder:comment:256929","question":"How does CLIP work? Does this CLIP touch the bile wheel and use energy to move the wheel? If the boost button is not used, does CLIP add more friction to the bike? How many patents does CLIP own?","author_name":"Ken Yu","votes":1,"created_at":"2023-08-03T03:13:45Z","canonical_url":"https://wefunder.com/clip#question-256929","answers":[{"id":267033,"entity_id":"wefunder:comment:267033","answer":"Thank you for the question Ken, CLIP is the world's first plug-\u0026amp;-play device to upgrade your bike into an e-bike instantly. CLIP is a friction drive system. A universal attachment mechanism allows CLIP to attach in a few seconds to the front fork and connect the roller to the tire in order to propel the wheel.","author_name":"Clement Alcala","votes":0,"created_at":"2023-10-26T18:27:26Z"}]},{"id":254109,"entity_id":"wefunder:comment:254109","question":"Hello! I’m curious how many units you’ve sold, and what your profit margins are per unit?","author_name":"Andrew Neely","votes":1,"created_at":"2023-07-15T00:45:46Z","canonical_url":"https://wefunder.com/clip#question-254109","answers":[{"id":254112,"entity_id":"wefunder:comment:254112","answer":"Hi Andrew, thank you for your question, 200 units delivered and 1500 pre-ordered with a profit margin of ~40%.","author_name":"Clement Alcala","votes":0,"created_at":"2023-07-15T00:49:57Z"},{"id":254113,"entity_id":"wefunder:comment:254113","answer":"Hi Andrew, thank your for the question. 200 units delivered in 38 states and 1500 pre-ordered with a profit margin of ~40%.","author_name":"Clement Alcala","votes":0,"created_at":"2023-07-15T00:51:11Z"},{"id":254114,"entity_id":"wefunder:comment:254114","answer":"Hi Andrew, thank your for the question. 200 units delivered in 38 states and 1500 pre-ordered with a profit margin of ~40%.","author_name":"Clement Alcala","votes":0,"created_at":"2023-07-15T00:51:18Z"},{"id":254116,"entity_id":"wefunder:comment:254116","answer":"Hi Andrew, thank your for the question. 200 units delivered in 38 states and 1500 pre-ordered with a profit margin of ~40%.","author_name":"Clement Alcala","votes":0,"created_at":"2023-07-15T00:55:20Z"}]},{"id":247144,"entity_id":"wefunder:comment:247144","question":"This sounds like a great idea! A couple of questions: do you use a lithium-ion battery? Have you done a full life cycle assessment and do you plan to offer repurchase/recycling options for batteries at the end of their life?","author_name":"Andrew Neely","votes":1,"created_at":"2023-05-16T18:07:53Z","canonical_url":"https://wefunder.com/clip#question-247144","answers":[{"id":247148,"entity_id":"wefunder:comment:247148","answer":"Thank you Andrew! We use a lithium-ion battery and we will definitely launch in the coming years a battery reconditioning/recycling program for our customers.","author_name":"Clement Alcala","votes":1,"created_at":"2023-05-16T18:26:40Z"}]},{"id":246436,"entity_id":"wefunder:comment:246436","question":"Greetings Clement Alcala! I came across your project and think it's fantastic but fortunately I see it is closing soon. While I may not be able to offer financial support, I have an idea that could benefit your fundraising target. If you're interested in learning more, please click on this link to get in touch with me. https://www.fiverr.com/teejaniayomide","author_name":"Teejani Ahmad Ayomide","votes":1,"created_at":"2023-05-11T02:32:56Z","canonical_url":"https://wefunder.com/clip#question-246436","answers":[{"id":248944,"entity_id":"wefunder:comment:248944","answer":"Thank you Teejani, I will check your fiverr account","author_name":"Clement Alcala","votes":0,"created_at":"2023-06-02T11:08:48Z"}]},{"id":246204,"entity_id":"wefunder:comment:246204","question":"(1) As someone who knew NOTHING about bike buying when I thought Arizona was a great place to bike and save on gas... I bought a beach cruiser. UGH! I can't even get uphill out of the wash in front of my home with zero gears (or is it considered one gear - who knows!) for some reason this has happened to multiple naive bike buyers near me. (An overstock issue perhaps, lol!!!) I guess you don't realize the teeny tiny hills all around you until you try to ride it on such a bike. Anyway, at one point the overview page says CLIP works on 'all bicycles' and at another point it uses the phrase 'almost all,' which brings up the question, what are it's parameters? What kinds of bikes WON'T it work on? Number of gears, tire width, placement of fenders, handlebar circumference, etc? Must it use blue tooth, and does that mean my phone must always be engaged and running its battery? (2) Do you have any remaining for sale currently? (3) Are you currently taking pre-sales? (4) Do you have a timeline for CLIP purchases for the perks for investors? THANKS! And congrats! You are almost to your goal. Heather","author_name":"Heather Kirk","votes":1,"created_at":"2023-05-09T08:32:31Z","canonical_url":"https://wefunder.com/clip#question-246204","answers":[{"id":246208,"entity_id":"wefunder:comment:246208","answer":"Hi Heather, thank you for your message, I totally hear you! The specs for the bike are here: https://clip.bike/pre-order/. Best is to send us a picture with the bike model at support@clip.bike. We're currently taking pre-orders, units for investors will be delivered this summer.","author_name":"Clement Alcala","votes":0,"created_at":"2023-05-09T13:37:24Z"}]},{"id":246116,"entity_id":"wefunder:comment:246116","question":"I have a few questions. When do you expect to begin manufacturing and shipping? Can the device be used for longer distances if it's plugged into a portable battery? Your website indicates that a second generation is under way for a version that can be used in the rain. When do you expect the second generation to be released? What other improvements do you plan to make to the second generation model?","author_name":"S C","votes":1,"created_at":"2023-05-08T14:20:28Z","canonical_url":"https://wefunder.com/clip#question-246116","answers":[{"id":246117,"entity_id":"wefunder:comment:246117","answer":"Thank you Sunshine for these questions. We have produced and shipped in the US a first batch. We're now raising funds to scale production. We're working on a waterproof version but do not have dates yet for its availability. Our current version is water-resistant. The next version will be also lighter.","author_name":"Clement Alcala","votes":0,"created_at":"2023-05-08T14:24:08Z"}]},{"id":244422,"entity_id":"wefunder:comment:244422","question":"The unit only goes 6 miles per charge? To be honest that's not very good imho.","author_name":"John Studenka","votes":1,"created_at":"2023-04-25T00:06:27Z","canonical_url":"https://wefunder.com/clip#question-244422","answers":[{"id":244433,"entity_id":"wefunder:comment:244433","answer":"Hi John, 6 to 10 miles if you the boost is continuously activated but most riders use the boost only for specific segments of their rides. CLIP also includes a regenerative breaking system to recharge the battery during the ride.","author_name":"Clement Alcala","votes":0,"created_at":"2023-04-25T02:03:00Z"}]},{"id":242550,"entity_id":"wefunder:comment:242550","question":"How much does it weigh?","author_name":"S M","votes":1,"created_at":"2023-04-11T22:15:14Z","canonical_url":"https://wefunder.com/clip#question-242550","answers":[{"id":242631,"entity_id":"wefunder:comment:242631","answer":"Hi, it weighs ~8.5 lbs / 3.8kg","author_name":"Somnath Ray","votes":0,"created_at":"2023-04-12T15:00:35Z"}]},{"id":240540,"entity_id":"wefunder:comment:240540","question":"Hello! I came across your campaign and saw that it had not yet reached your goals due to a missed organic promotion. I can help you with that and help you promote it to more than trillions of real and active backers, including backers that will be willing to donate to your project for it to reach more than your expectations. contact me via this link: www.fiverr.com/marry0011","author_name":"Laura Owen","votes":1,"created_at":"2023-03-27T16:48:36Z","canonical_url":"https://wefunder.com/clip#question-240540","answers":[{"id":240593,"entity_id":"wefunder:comment:240593","answer":"Thank you!","author_name":"Clement Alcala","votes":0,"created_at":"2023-03-27T19:57:15Z"}]},{"id":240271,"entity_id":"wefunder:comment:240271","question":"1. What problem is this product launched to solve? 2. What are the advantages of using it attached to the bike? 3. Who are your competitors? And what do you do to be different and stand out in the market? 4. What is the company's customer segment? 5. How are the metrics and user engagement? 6. How many items have been sold so far? 7. Has the company's revenue growth increased compared to last year? 8. When we invest in your company, what benefits will we get? 9. What is the company's long-term financial plan? Expected revenue in the next 5 years? 10. What is the company's compound annual growth rate?","author_name":"Linh Nguyen Bao","votes":1,"created_at":"2023-03-26T06:38:11Z","canonical_url":"https://wefunder.com/clip#question-240271","answers":[{"id":240297,"entity_id":"wefunder:comment:240297","answer":"Hi Linh, This is better answered and discussed over a call. Happy to jump on a call this week to discuss this. Best, Som","author_name":"Somnath Ray","votes":1,"created_at":"2023-03-26T15:34:43Z"}]},{"id":235852,"entity_id":"wefunder:comment:235852","question":"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 raise be enough to make it all happen? 3) Are you currently raising funds outside of this campaign? In the \"Details\" section it says you're raising $1.45M and have $450k \"already banked\"? 4) The Form C says your financials are reported under RegCF Temporary Rule 201(bb). Is this still the case? Only curious because I thought this reporting exemption expired in August 2022 (but I could be wrong)","author_name":"Dan Devlin","votes":1,"created_at":"2023-02-22T01:22:29Z","canonical_url":"https://wefunder.com/clip#question-235852","answers":[{"id":235913,"entity_id":"wefunder:comment:235913","answer":"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.","author_name":"Somnath Ray","votes":1,"created_at":"2023-02-22T14:52:31Z"}]},{"id":231946,"entity_id":"wefunder:comment:231946","question":"So this investment is for no equity, only the opportunity to obtain stock options at a later time. Is that correct?","author_name":"Rami A","votes":1,"created_at":"2023-01-23T02:43:49Z","canonical_url":"https://wefunder.com/clip#question-231946","answers":[{"id":231948,"entity_id":"wefunder:comment:231948","answer":"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/","author_name":"Somnath Ray","votes":0,"created_at":"2023-01-23T03:44:57Z"}]},{"id":231727,"entity_id":"wefunder:comment:231727","question":"How long does it take to charge it and how far can you expect it to go on a charge?","author_name":"Les Lewis","votes":1,"created_at":"2023-01-20T01:17:56Z","canonical_url":"https://wefunder.com/clip#question-231727","answers":[{"id":231742,"entity_id":"wefunder:comment:231742","answer":"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.).","author_name":"Clement Alcala","votes":0,"created_at":"2023-01-20T02:41:40Z"}]},{"id":224689,"entity_id":"wefunder:comment:224689","question":"does it fit around a fat tire bike? rephrased: what it the maximum","author_name":"Susan Carriero Plummer","votes":1,"created_at":"2022-11-04T04:29:53Z","canonical_url":"https://wefunder.com/clip#question-224689","answers":[{"id":224694,"entity_id":"wefunder:comment:224694","answer":"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.","author_name":"Somnath Ray","votes":0,"created_at":"2022-11-04T05:15:18Z"}]}],"faq":[{"question":"does it fit around a fat tire bike? rephrased: what it the maximum","answer":"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."},{"question":"How long does it take to charge it and how far can you expect it to go on a charge?","answer":"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.)."},{"question":"THIS IS A GAME CHANGER ! I have the same question as Somnath Ray, how long to charge and the milage range of the battery.","answer":"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.)."},{"question":"So this investment is for no equity, only the opportunity to obtain stock options at a later time. Is that correct?","answer":"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/"},{"question":"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...","answer":"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."}]}}}