PiMobility
The 1st company that melds industry-leading technology with premium design at a mass market price can reach a consumer audience of 500M; that company is Pi.
- Stage Full Product Ready
- Industry Transportation
- Location San Francisco, CA, US
- Currency USD
- Founded June 2008
- Employees 6
- Website picycle.com
Company Summary
Named "Consumer Product of the Year Finalist" by Design Week U.K., Pi's proprietary ebike, the "PiCycle" has won critical acclaim globally. What makes Pi a desirable investment is where the rubber meets the road. Namely, a sexy (patented) exterior combined with a proprietary interior that lowers costs by 4x over the competition. The bike will retail for $1495 in 2014 with features and performance that rival products priced in the $3k - $6k range.
Team
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Marcus HaysFounder and CEO
Marcus’s electric vehicle industry experience dates to 1995 with his entry into Calstart. Marcus met Lee Iacocca at Calstart and Lee later employed Marcus as a consultant. Marcus also had the privilege of being mentored by Dr. Paul MacCready, developer of GM's first electric car and himself a passionate ebike advocate. Marcus is a patent holder, owns a land-speed record and sees evidence of the ebike market now tracking a bell curve in demand.
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Brad KnopCFO
Brad has successfully managed the finance and operations of technology, software, and financial services companies for over 25 years. Career highlights include Providian Financial where he developed business lines leading to 1,000 employees and over $1bn in revenue. He's been the CEO of a ground-breaking cycling company, the COO of a top web development company, and founded and operated a technology company resulting in a $50MM exit.
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Bill DawsonCTO
Bill was Chief Science Officer of Apple Computer and a member of the Macintosh Development Team. Bill produced the world’s first CD-ROMs and DVDs, authoring both the media and the systems that mastered them. An early adopter of markup languages, Mr. Dawson published The Journal of Biological Chemistry and Methods In Enzemology (among others), authored in SGML and later, HTML for the Internet. Mr. Dawson lead XOOM.com.
Advisors
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Wilson, Sonsini, Goodrich and RosatiLawyerUnconfirmedPropeller IndustriesAccountantUnconfirmed
Previous Investors
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Friends and familyUnconfirmed
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