# Autobike

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/autobike

- Industry: Retail
- Headquarters: Troy, US
- Website: evolvethebike.com
- Latest round: Seed (Jul 24, 2013)
- Investors on record: 1

## About

Autobike, Inc. specializes in the design and manufacturing of innovative e-bikes, focusing on user-friendly automatic shifting technology to enhance the cycling experience for commuters and recreational cyclists alike.Founded in 2012 and headquartered in Troy, US, Autobike, Inc. is dedicated to creating innovative e-bikes. The company has undergone strategic developments to focus on automatic shifting technology. Mark Simpson, the founder, has a background in creating products aimed at improving urban commuting. Autobike received Seed funding from the Michigan Pre-Seed Capital Fund in July 2013, with financial details not disclosed.Autobike's flagship product, the Voyage model, features an automatic shifting system designed to simplify gear changes for riders. This e-bike is targeted at urban commuters and outdoor enthusiasts, addressing challenges like manual shifting difficulties, and promoting ease of use for both experienced and novice cyclists.Autobike generates revenue primarily through direct-to-consumer sales of its e-bike offerings, particularly the Voyage model, which utilizes patented technology. Sales are facilitated through online platforms, complemented by a marketing strategy aimed at attracting consumers who prioritize innovative cycling solutions.In the coming years, Autobike aims to expand its product line with new models incorporating advanced features, although specific release dates are not yet determined. The company is also targeting expansion into new markets across North America and Europe, seeking to capture the growing interest in sustainable transportation solutions. The Seed funding received in July 2013 will support these initiatives as Autobike enhances its product offerings and market presence.

## Funding rounds

- Seed, Jul 24, 2013 — Ann Arbor SPARK

## Investors

- Ann Arbor SPARK (https://capitalatlas.ai/funds/ann-arbor-spark) — Seed