EVELO

Smart electric bicycles, sold direct to the consumer

evelo.com

Kent WA

$1M in revenue in Q2 2016; $6M+ in revenue since inception

60-70% growth year-over-year

Saves consumers up to 50% markup per bike

Innovative Omni Wheel converts any traditional bike into electric in 20 minutes, with no technical skills required, at a fraction of the cost

Backed by Shark Tanks’ Barbara Corcoran and Foundry Group’s Brad Feld

3,000+ happy customers (see http://www.shopperapproved.com/reviews/evelo.com/)

Direct-to-consumer distribution eliminates costly retail distributors and unnecessary markup to the end user