EVELO Electric Bicycles

Smart, beautiful electric bicycles delivered fully assembled direct to customers' door.

  • Stage $3M in TTM Revenue
  • Industry Clean Technology
  • Location Seattle, WA, US
  • Currency USD
  • Founded January 2012
  • Employees 14
  • Incorporation Type S-corp
  • Website evelo.com

Company Summary

EVELO is an electric bike company that seeks to disrupt the massive, but antiquated bicycle industry. By developing products that appeal to the 99% of consumers who currently don't cycle regularly, and going direct to consumer, thus cutting out the brick-and-mortar middlemen and saving the end-user 50% in unnecessary markups, we have been able to grow EVELO from 0 to $6M+ in sales since inception

NOTE: See EVELO in NYTimes - http://goo.gl/s5cChI

Team

  • Boris Mordkovich
    CEO & Co-Founder

    Co-founded EVELO and grew it to a leading electric bike company in the U.S. Prior to EVELO, launched, grew and eventually sold 2 other companies. Helped launch Turo.com, the world's first person-to-person carsharing company that went on to raise $90M+ from Google Ventures and others and expand nationwide.

  • Yevgeniy Mordkovich
    Co-Founder & CTO

    Over 15 years in ecommerce, startup and financial services space. Co-founded, grew and eventually sold two other companies prior to EVELO. Extensive experience in business finance space.

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