Evelo

With a direct-to-consumer distribution model and a growing network of Ambassadors (existing customers), EVELO has started on the ground floor of a new industry and is growing quickly ($1.05M in revenue over the last 6 months; 86% revenue growth in 2014 over 2013).

Their customers range from commuters to baby boomers to families and everybody in between. The electric bicycle opens up opportunities to become more active, spend time outdoors, and go further and faster.

When riding one of EVELO electric bicycles, it makes hills feel flat and distances shrink, so you can cycle just about anywhere regardless of age, fitness levels or terrain.

Co-Investors