For anyone who has ever looked at a typical electric scooter and complained that the wheels seem too small, the Scooterso...
Problem
Today’s micro-mobility products are technologically outdated
In the age of smartphones, apps, and artificial intelligence, the majority of modern scooters still use the technology of the '90s. Today's tech-savvy customers have to buy aftermarket products to add the features they need.
Low-quality and poor design
With a few exceptions, all scooters are built in Asia, from low-quality components. The complete lack of good industrial design creates the perception of an ugly, awkward-looking product or kids toy. Millennials don't want to be ridiculed for riding a cheap-looking product.
No alternatives to ownership
In the time of COVID-19, when scooter-sharing is avoided, there are no viable options for the riders who don’t want the burdens of ownership.
Solution
The scooter of tomorrow
By innovating and developing new technologies for micro-mobility, we’ve created a line of intelligent, energy-efficient, and easy-to-ride scooters, fully controlled from your smartphone, for the best riding experience possible.
A piece of art
Scooterson's award-winning scooters are engineered from scratch and manufactured at the highest quality standards using high-end materials and components.
Carefree ownership
With our monthly subscription, valet, and concierge service, we remove the burdens of ownership, leaving only the joy of riding.
Product
An advanced electric scooter
Our flagship model Rolley was designed from scratch, using the latest technologies and space-age materials, and features a range of intelligent features for a seamless customer experience.
A complete product range
Controlled by the mobile app
With its AI-powered algorithms, Scooterson's app makes riding Rolley seamless and effortless. It will learn and suggest the optimal riding modes for the best user experience. A true smart scooter.
Deep-tech innovation
For B2B fleets repositioning operations, our teleoperation capabilities can significantly lower the operational cost and create social impact jobs for disabled persons, working from their home.
Traction
$1.1M+ in pre-sales
From July 2020 to September 2020, we sold Ambassador Program scooters and signed B2B deals worth more than $1.1M.
Grown in top accelerators
We are alumni of three startup accelerator programs—MVP Academy, a European pre-seed accelerator, Enchant VC in Singapore, and HAX Boost IV in San Francisco - a growth program part of HAX, the largest hardware accelerator.
Awards and Accolades.
Scooterson was a finalist at LA New Mobility Challenge 2017, a major global startup competition focused on urban mobility in Los Angeles, and was also a finalist at HowToWeb's Startup Spotlight 2016.
Red Dot Award 2018 Winner
In 2018 Scooterson won the Red Dot Award, the largest and most recognized professional design competition in the world.
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Customers
Anyone searching for the best personal mobility device
Scooterson’s target audience is early adopters who are highly invested in personal lifestyle and are looking for alternatives to cars and public transportation that allow them to navigate efficiently and safely.
Fleet operators businesses
Scooterson Ride is a complete mobility solution for operating fleets of scooters for food delivery, small package delivery, rentals at tourist spots, or as a mobility solution on large residential developments, country clubs, and golf courses. It’s a perfect and cost-effective alternative to golf buggies, which are traditionally used in such places.
Business model
Direct-to-consumer
Scooterson is a DTC brand that sells directly to our customers, bypassing any third-party retailers, wholesalers, or any other middlemen. With this model, we get a larger gross margin (up to 58%) and our customers can purchase the product at a more competitive price. We also plan to offer a subscription model pricing (monthly rental plan) for those who want to avoid the burdens of ownership.
A large B2B market
Our B2B verticals are golf courses, country clubs, corporate campuses, university campuses, and any other places where golf carts are used.
Market
The booming micro-mobility market
Electric scooters have seen a huge surge in popularity over the last few years, fueled by the many scooter-sharing options. Lately, due to the Covid-19 pandemic, many customers preferred to own their vehicle, shifting the market trends from scooter-sharing to vehicle ownership and accelerating market growth.
Perfect timing
The micro-mobility market could reach $300B to $500B by 2030.
A massive electric scooter opportunity
With the current traction on the micro-mobility market, the total e-scooter segment will be worth $41B by 2030, while the electric kick-scooter segment, currently at $567M in 2020, is expected to grow to $3.9B by 2030.
Competition
Leaving the competition in the dust
By designing everything from scratch and avoiding off-the-shelf components, we've managed to best our direct competitors with a superior overall design at a better price.
The intelligent scooter that caters to your lifestyle
In the era of smartphones, apps, and artificial intelligence, it's time for an upgrade for the urban rider. We've introduced a smart layer in our scooters, now fully controllable from your smartphone.
The ugly bunch
The majority of scooters available are manufactured from low-quality components and lack good industrial design. Our target customers are looking for premium products—they don't want to being ridiculed for riding a weird and cheap-looking scooter.
Vision and strategy
$100M+ in sales by 2023
Funding
$2.8M raised to date
Scooterson has gone through two rounds of seed funding, raising a total of $2.8M to date. Noted investors include HAX SOSV and Elevate VC. These funds were used for business development, product development, iterating prototype, road-testing, software development, building pre-production samples, building the tooling, fixtures, and jigs, required for the mass-production assembly line.
This new round of funding is intended for our production costs, product launch campaign, and further marketing and sales expenses.
Founders
The Scooterson story
In 1996, 27-year-old Romanian-born German entrepreneur Mihnea Chis started the first Internet service provider in his hometown. He exited the company a few years later to pursue a creative career as a film director for the next 15 years, under the artistic alias Mihnea de Vries. After this foray into film, he returned to the tech space with his second tech start-up KopterX, which built custom high-end cinematography drones.
In 2015, using his experience as a drone builder, Mihnea developed a prototype electric scooter for personal use. After seeing "wow" reactions on the street, he soon realized that electric scooters were the next big thing in urban mobility, and went on to start the Scooterson project in 2016.
Deepansh Jain is a serial entrepreneur from India. In 2011, while studying at India’s premier engineering college, he founded his first startup Juvenis, which was acquired within two years of inception for half a million dollars. He then co-founded Shifu App, an AI-powered, context-aware personal assistant application, whose investors included Google executives. Shifu App was acquired by the leading Indian mobile wallet and e-commerce company, Paytm/Alibaba, in January 2016.
After exiting his second company, Deepansh traveled the world to speak at tech events, where he talked about how he incorporated AI algorithms into Shifu App. Mihnea approached him after an event in Budapest to discuss how AI algorithms could be implemented into smart electric scooters. A few days later, Deepansh joined Scooterson to implement A.I. optimizations and further the mission to create the best user experience on two-wheels.