Micromobility Market
2017: United States Sales
100,000 MORE Electric Bikes
Sold than Electric Cars
Today Every Major Bicycle Brand
Sells Electric Bikes
Bike Share Services
Scooter Share Service
No Perceivable
Long-Term Charging Solution
$200 Billion by 2030*McKinsey & Company
Bicycles & Electric Bikes
Commute to Work
Ages 25 to 70
Sold for $1,500 - $20,000
Shared Services
Charged at Home
Where to Charge in Public?
Micromobility Transportation
Electric Scooters
Short Trips
Ages 16+
Sold for $400 - $600
Shared Services
Charged by Subcontractors
▪ $5 to $20/scooter/night
VC Micromobility Investment
Since the Start of 2017 - $6.3 Billion Invested
2018: 60,000 EV Charging Stations for Cars.*Fred Lambert of electrek
TODAY: $2 Billion Market
By 2025: $45 Billion Market *Grand View Research (GVR)
Electric Vehicle (EV) Charging
Electric Vehicle (EV) Charging
Problem
Virtually ZERO
Charging Stations
for Bikes and Scooters
ScootersBikes
Micromobility Charging Stations
Patented
Propriety
Design
800+ Person
Tested
Intuitive to
Children
iOS & Android Bluetooth Apps!
Customers
Consumers Commercial Business Municipalities
E-Bike and
E-Scooter Riders Mixed-Use Developers
Business Campuses
Micromobility
Share Services
Suburban Towns
Urban Cities
Cost-Neutral Sales
Ordinance Rebates:
National Average $5,000 Per Charging Station
LEED Points:
Bicycle Friendly Building
Electric Vehicle Charging (EVSE)
Innovation
Electric Vehicle (EV) Charging Rebates & Tax Credits
Pay-For or Offset Purchase Price & Installation Costs.
Bicycles are Vehicles by Law.
Business Model
Direct Sales / Leasing of Charging Stations▪ 50% Margins
▪ Maintenance & Service Contracts
Location-Based Advertising▪ 80% - 90% Margins on Ads in Apps & On Stations
▪ 40% Boost in Local Revenue *CITYLAB
Sale of Data▪ Logistical Asset Optimization
▪ Record Mobility Patterns
Licensing and Franchising
Competitors
All Competitors Only Service ONE Style of
Electric Bicycle and/or Scooter.
Past Milestones
2013 Georgia Tech Capstone Design Program
Design & Built 2 Prototypes
2012 Founded ParkENT Cycles, LLC in Georgia
2014 Commercial Prototypes
GaMEP
2015 TechCrunch Disrupt New York
Bluetooth Operating System
Smart Bike Rack with
PCI Procoaters
2016 Six Months of Public Testing
2017 Utility Patent Issued!
Flashpoint Accelerator at Georgia Tech
Registered ParkENT Cycles, Inc. in Delaware
"Top 10 Internet of Things Companies Disrupting the Transportation Industry“
by Disruptor Daily
2018 Graduated Flashpoint Accelerator
Pivoted to Micromobility Charging Stations
iOS App with Switchyards
2019 10 Bike Stations
Scooter Stations
Android App with Mobile App Hero
Woodstock Property Developer
Georgia Power
City of Roswell
The Gotcha Group
Bird.co
Commercial Mixed-Use DeveloperWoodstock, Georgia
2 Bike Stations
Future Milestones
Now
2021
Fall
2019
Building 10 Bike Stations
Bird.coSell Scooter Stations
Atlanta Micromobility Committee
Commercial Sales Atlanta Tech Village
Ponce City Market
BART Transit System
July
2019
2022
Municipal Pilot Program City of Roswell
1 Bike Station for 3 Months
April
2019May
2019
Municipality Sales Seattle, WA
Portland, OR
San Francisco, CA
University Sales Georgia Tech
University of California System
University of New York System
The Gotcha GroupLocated in 17 Cities Nationwide
Bike and Scooter Stations
Georgia PowerWorking with EnviroSpark
Sell Bike and Scooter Stations