Junto Bicycle
Regulation Crowdfunding offering on StartEngine
$18,311
of $107,000 goal
17.1% funded
About the offering
Electric Bikes that Will Make You Ditch Your Car. Our cities are grinding to a halt! They are mired in gridlock as we continue to sell 17 million cars per year. My 75 minute/13 mile commute is insane and no longer tenable, and now that $4 per gallon gas is back on the horizon and a new car parts tariff has the potential to raise the cost of a new car by 25%, It's time for action! While Americans view bicycles primarily as recreational vehicles, the rest of the world views the bike (& e-bike) as a transportation & mobility option. We started Junto Bicycle Works as a catalyst to change America’s outdated perception of bikes and e-bikes as a daily commuter & transit option. Our goal is to convince people to look twice (at a bike or an e-bike) before they buy a second...or even their first car. By owning an e-bike you are inherently doing YOUR PART in making our world a better place. Your commitment to an e-bike will reduce pollution, ameliorate congestion & mitigate the useless stress created by traffic in America’s urban and suburban areas. Oh...and it'll make you feel like a million bucks! Simon Goode and I have experience creating social change. Before starting Junto, we have spent -a combined- 45 years helping consumers understand why they should abandon additives & preservatives in their food as they began to integrate nutritious whole & organic foods into their diets. We grew-up when Tang, Spam, and Velveeta were staples and ketchup was considered a vegetable! We helped to win the battle against BIG FOOD and now the entire country has embraced organic foods as they have eliminated processed sugar & chemicals from their diets. To me, it takes a lot of courage for a little company to boldly stand-up to the TITANS of an industry, but it is the only way to bring about change. Leadership & innovation are the reasons that start-ups seem to always be in position to change the world. We are ready & eager to being to be the change that our country needs! We have designed our e-bikes to take on the (shall I say...ahem...rugged?) streets & trails of Philadelphia. I have ridden JUNTO1 over 4,000 miles since this prototype was assembled last August. Trust me.. this bike is tougher than a North Philly pothole! We use custom frames with race-quality components and quality parts to provide durability, safety, and a smooth ride. By going direct and cutting out unnecessary retail margin, we can bring a bike to market that is 98% assembled and comparable in many ways e-bikes that sell for $4,000. A Junto will be delivered to your door for $1,799. We’re on an environmental and social mission Our business model is designed to ramp-up quickly and efficiently, but we need your help. Junto is seeking like-minded leaders to invest in our vision, our brand & our growing community. If you are excited about becoming a change agent, we ask that you consider joining our cause. Help us break the automobile's grip on our culture...one electric bicycle at a time.
FAQ
How much has Junto Bicycle raised?
Junto Bicycle has raised $18,311 of a $107,000 goal.
Where is Junto Bicycle's campaign listed?
The offering is listed on StartEngine, an SEC-registered Reg CF intermediary.
What are the terms of Junto Bicycle's raise?
Convertible Debt & SAFT, $5M cap, 7% interest.
When does Junto Bicycle's offering close?
The stated close date is Aug 21, 2018.
