Photo - WheelKinetic
55357

WheelKinetic

Ultra-compact e-scooter, that fits in your backpack

Ukraine, Kyiv city
Market: Production, Transport, Electronics, Another, Gadgets
Stage of the project: Prototype or product is ready

Date of last change: 15.12.2021
Sale price
$  69.000
Show contacts
2
share to sell
100%
Rating
equalizer from 1000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

we create game changing product for micro mobility market - ultra portable e-scooter for city commuters. This unique scooter could be easily fit in a backpack, you could bring it with you everywhere, and boost your travel when you need it.

Current Status

Design: few working prototypes, not ready for production.
Sales: we proved demand with 67 paying customers on kickstarter
in addition have more than 600 pre-orders on web-site

Organizational form

not registered

Problem or Opportunity

E-scooters are the best last-mile solution in 2021, however, there are problems:
1)Modern e-scooters are too heavy and too big for convenient everyday use
2)You can't bring any of the existing scooters to travel with you on the airplane
If you want to own an e-scooter for yourself, it means that you have to carry 20 kilos, 90cm long object with you in the office, cafe, apartment, etc. That's why many people choose to rent instead of ownership. But renting is unreliable: rental scooters often stay with depleted batteries, or there can be no available scooters in your district.
Also sharing a scooter with other people is not hygienically safe.

Solution (product or service)

we propose
1)Compact and lightweight FOLDABLE scooter which easily fit into your backpack
2)You can take it with you on a business trip or leisure travel everywhere. Even on an airplane, because it is designed to fit TSA regulation and allowed as in-cabin luggage

Competitors

Our competitors is all regular scooters as well as scooter rental services,
but no one could give the value we grant to our customers - wheels that is always with you

Advantages or differentiators

*Lightweight - 2 times lighter than existing scooters.
*Ultracompact - possible to take it everywhere.
*Flight approved option - travel with your scooter everywhere
*USB Type-C fast charge
*Less expensive and more reliable than rental scooters.

Finance

Revenue streams:
1) scooter sales (through crowdfunding first, then online, then retailers)
2) accessories and upgrade parts sales

Cost structure
Scooter sales price is about €1000
CAC - €65
COGS - €250 (for at least 1000 units production)

Business model

Business model:
transactional

Sales channels:
crowdfunding
online web-site sales
online retailers*
distributors*

Reason for sale

another project

Market

Worldwide micromobility market is huge. Different valuation exist (from $90B to $300B), but most important that hte market is growth with CAGR>25%. At the beginning we focus only on innovators and early adopters, which give us TOM - about $3B.

Team or Management

Risks

1) Elon Musk will build his own compact scooter )
2) Completely new micromobility solution comes to market
3) The pandemic will go on forever, and people will stay at home

Invention/Patent

Provisional patent application
Trade mark registered

Photos

Photo 1 - Ultra-compact e-scooter, that fits in your backpack
Photo 2 - Ultra-compact e-scooter, that fits in your backpack
Photo 3 - Ultra-compact e-scooter, that fits in your backpack
Photo 4 - Ultra-compact e-scooter, that fits in your backpack
Photo 5 - Ultra-compact e-scooter, that fits in your backpack

Product Video

5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility195
star0
Add to favorites
Delete from favorites
share
close
thumb_up1
Like
Unlike
Does the enterprise work?
Idea
Current Status
Annual sales, $
Annual net income, $
Type of property
Property and assets
Organizational form
Number of employees
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Business model
Reason for sale
Market
Team or Management
Risks
Invention/Patent
Photos
Product Video