Exclusive Investor Q&A Webinar Recap

Veer’s mission is to transform the way people commute on light electric vehicles and bicycles, by using the ingenuity we so desperately need.

We have developed cutting-edge drivetrain technology that replaces traditional dated chain drives with belt drives.

I recently had the opportunity to host an exclusive investor Q&A webinar where I got to answer everyone's burning questions surrounding our belt drive technology.

For those of you who missed it, I would like to take a moment and highlight some of the most important topics from our recent discussion.

The Technology Behind our Belt Drive

Our Split Belt is a carbon fiber belt drive solution. 

When the rusty chain on my rental bike broke, I crashed into the pavement in the middle of a busy intersection and decided that there had to be a better alternative for safety and reliability.

This is where Veer’s belt drive comes in.

Our Split Belt gets power from the pedals or the motor to the rear wheel, and it does that with the carbon fiber belt drive technology that we developed over several years of testing.

 After years of research and development, we’ve created a unique belt drive that is:

  • Designed for electric power
  • Up to 5X more durable than a chain drive
  • No frame splitting (keep the bike you know and love)
  • Lightweight
  • No maintenance 
  • No lubrication
  • Rust-free

Veer’s Split Belt is a “set it and forget it” solution that is capable of lasting the entire life of a bike or vehicle.

Veer’s Customers and Partnerships

We started Veer as a direct-to-consumer brand, meaning that we would sell our Split Belt as an aftermarket product for already existing bicycles and smaller electric vehicles - but that has since changed.

We’ve shipped well over thousands of units not only to the US, but in Europe, Japan, Australia, and many other countries as well.

We are really starting to explode in business-to-business sales now since we’ve started selling to other bike brands and bike rentals.

At the moment we have six brands that are on board with our revolutionary drive train - two being from the US and the others from Europe.

These recent months have been exceptionally busy for us. We’ve had a ton of inbound requests from new e-bike brands and other ventures that are similar, which leaves us a little constrained on supplies at the moment because people are placing orders faster than we can fill them - this is always a good sign. But don’t worry, we’ve got solutions to this!

In the last three months alone we’ve closed five new OEM (original equipment manufacturer) accounts, all of which are inbound!

We’re also expecting some interest from other companies that we got a chance to meet up with at Eurobike 2021 - this will be an exciting year of opportunities for us.

Invest on StartEngine Today!

It takes a community to disrupt an industry.

We are excited to announce that you still have the opportunity to invest and become an owner of shares in Veer for as little as $298!

Help us revolutionize the way people ride.

Our campaign is far from over! We encourage you to check out our crowdfunding raise campaign on StartEngine to learn about our mission and become an early investor.

If you have any questions that are still left unanswered, do not hesitate to reach out to our team! We will be more than happy to assist you.

 

 


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