About Evelo
Evelo is a Transportation, Automotive & Logistics company based in New York (United States) founded in 2011. It operates as an electric bicycles developer. Evelo has raised $1.46 million across 4 funding rounds from investors including GoFundMe, Seedinvest and Forefront Venture Partners. Its website evelo.com draws about 43 thousand monthly visits. Evelo offers products and services including EVELO Omega, EVELO Galaxy, EVELO Atlas, EVELO Lux, and EVELO Compass. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Light Electric Vehicles. Its competitors include Rad Power Bikes, Aventon, Velotric, Ride1Up and Lectric eBikes and 2 more; 3 of its 7 listed competitors have raised funding.
Company details
Evelo was founded in 2011 and is based in New York, United States. Operations center on the development and sale of electric bicycles tailored to various terrains and recreational purposes. Bicycles are available for purchase through the company website, with free shipping provided to addresses in the US and Canada. The focus remains on the electric mobility sector.
- Total Equity Funding$1.46M (USD)
in 4 rounds
- InvestorsGoFundMe
& 2 more
Products & Services of Evelo
Evelo offers a comprehensive portfolio of products and services, including EVELO Omega, EVELO Galaxy, EVELO Atlas, EVELO Lux, and EVELO Compass.
Powerful electric bike for commuting and adventure.
Lightweight bike designed for easy urban riding.
Stable tricycle model for safe and balanced travel.
Versatile bike suitable for various riding needs.
Three-wheeled bike for enhanced stability and control.
Apps and channels of Evelo
its YouTube channel EVELO Electric Bicycles has 1.94K subscribers and 30 videos.
Videos from Evelo
The most watched videos on Evelo's YouTube channel, EVELO Electric Bicycles (1.94K subscribers). Click a video to play it here.
More on EVELO Electric Bicycles.
Funding Insights of Evelo
Evelo has successfully raised a total of $1.46M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.46M
- Total Rounds 4
- First Round $455,000
(Oct 2015)
- Investors Count 3
All 4 funding rounds of Evelo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | – | Seed | – | GoFundMe | – |
| Jan 2017 | $250,000 | Seed | – | – | – |
| Feb 2016 | $750,000 | Seed | – | – | |
| Oct 2015 | $455,000 | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in Evelo
Evelo has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include GoFundMe, Seedinvest and Forefront Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments are targeted by the VC firm. | – | forefrontvp.com | Boca Raton, United States | |
Funds are raised online for social causes via crowdfunding platform. | 2008 | gofundme.com | San Diego, United States | |
Startups are connected to investors via equity and revenue-based crowdfunding. | 2012 | seedinvest.com | New York, United States |
Investor details for Evelo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of Evelo
3 dated milestones of Evelo across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Evelo is founded.
- Funding First funding round of $455K.
- Funding Latest funding round, Seed,.
Competitors of Evelo
Evelo has 7 listed competitors in our database, 3 of them funded. They include Rad Power Bikes, Aventon, Velotric, Ride1Up and Lectric eBikes, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| radpowerbikes.com | 2007 | Seattle, United States | $329M | 542 | Developer of electric bicycles | |
| aventon.com | 2012 | Brea, United States | – | – | Electric bicycles and accessories are manufactured and sold by Aventon. | |
| velotricbike.com | 2021 | Menlo Park, United States | $8.8M | – | Electric bicycles are manufactured for urban mobility solutions. | |
| ride1up.com | 2018 | Walnut Creek, United States | $6.5M | – | Electric bicycles are designed, manufactured, and sold by Ride1Up. | |
| lectricebikes.com | 2018 | Phoenix, United States | – | 49 | Electric bicycles are developed with pedal-assist and advanced braking features. | |
| ridejetson.com | 2011 | Brooklyn, United States | – | – | Sells electric bikes, scooters, hoverboards, and accessories through online platforms. | |
| pedegoelectricbikes.com | 2007 | Irvine, United States | – | 41 | Electric bicycles are developed and rental services are provided. |
Detailed competitors of Evelo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Evelo
The website of Evelo (evelo.com) receives about 43.1K visits a month.
- Monthly visits43.1K
▲ 1.7% vs previous month
Websites whose visitors overlap most with Evelo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
thecyclistchoice.com | thecyclistchoice.com | 100% | – | #9,930,342 | – |
ebikeschool.com | ebikeschool.com | 87% | – | #2,426,421 | – |
| lectricebikes.com | 87% | 1.1M | #44,128 | View details | |
radsport-erdmann.de | radsport-erdmann.de | 86% | – | #2,884,206 | – |
electricbikereview.com | electricbikereview.com | 85% | – | #166,662 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Evelo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
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Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Evelo (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Related news about Evelo
Complete news archive for Evelo
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Frequently Asked Questions about Evelo
Evelo was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Evelo is headquartered in New York, United States. It is registered at New York, New York, United States.
Evelo is a funded company, having raised a total of $1.46M across 4 funding rounds to date. The company's 1st funding round was a Seed of $455K, raised on Oct 2015.
Evelo was founded in 2011 and is based in New York, United States. Operations center on the development and sale of electric bicycles tailored to various terrains and recreational purposes. Bicycles are available for purchase through the company website, with free shipping provided to addresses in the US and Canada. The focus remains on the electric mobility sector.
Evelo's top competitors include Rad Power Bikes, Aventon and Velotric.
Evelo offers EVELO Omega, EVELO Galaxy, EVELO Atlas, EVELO Lux, and EVELO Compass.
Evelo has 3 investors. Key investors include GoFundMe, Seedinvest, and Forefront Venture Partners.