Veer was founded to build what others dare not: belt drives that outperform chains and work seamlessly with any light electric vehicle. Our carbon fiber drivetrains replace traditional chain drives, and boosts durability, performance, range, and affordability of bicycles and light electric vehicles.
Our goal is to provide a better drive solution as urban transportation evolves to go more electric. Our Split Belt™ may be the ultimate in robust simplicity, but our aim is much higher: to build full, wide-range drivetrains that shift so flawlessly you forget they’re there.
Through our raise on StartEngine, we plan to capture the growing eBike, eScooter, and micro mobility market while continuing efforts to combat climate change and contributing to cities' efforts to go green.
Why Equity Crowdfunding?
Online Equity Crowdfunding is growing rapidly. For investors, it offers fast return on investment and arguably better risk management than other alternatives.
The ability to crowdfund raises the bar for what is considered a good investment opportunity. Regulation Crowdfunding opened the floodgates, bringing more diverse investors into the investment game, increasing the overall value of investments, and reducing the time it takes to generate returns for investors.
In the past, only companies with big budgets could afford to invest in early stage companies. With changes to Title III of the JOBS Act, now anyone can invest in startups!
Additional Reg CF updates:
- Companies must be registered with the SEC
- Companies can raise a maximum amount of $5 million dollars annually
- Companies can run a Test The Waters (TTW) campaign
- Non-accredited and accredited investors can invest
Veer engineers technology that considers the needs of manufacturers and riders alike, and is taking on an industry ripe for innovation.
Through our equity crowdfunding raise on StartEngine, we will scale development efforts on our Split Belt with our ultimate goal to become the go-to drive supplier for mid-to-high-end eBikes, eScooters, and other Light Electric Vehicles.
Our Goals on StartEngine
Veer is advancing the future of local transportation, with more than $100,000 in sales in 2020, but it’s clear we’re doing more than just selling a great product.
Veer has the potential to capture the Light Electric Vehicle Market, expected to reach 725 billion U.S. dollars by 2026, and valued at $23 billion in 2020 alone!
The electric vehicle market is projected to grow tremendously in the coming years. Veer’s mission is to change the world through vehicles that offer a cleaner, more sustainable transportation system.
Our goals through our raise on StartEngine is to leverage our community and technology to scale into the next generation of electric transportation. We aim to replace the traditional and dated chain drives for light electric vehicles, providing a solution for urban transportation and the future of electric ridership.
Our technology is bringing drivetrains for bicycles and light electric vehicles up to speed for the modern rider, and is a replacement for the rusty bike chain you’re using now!
In the next decade, we expect to be part of an exponential growth in the adoption of electric vehicles.
Join our Investor Community!
The Veer brand is looking to capitalize on an expanding market while also contributing to a more sustainable future.
We’ve always believed that investing in the future is the smartest way to go. If you want to get involved in the next big thing in the electric vehicle market, join our community on StartEngine today for just $298!